Interest earned and tax summary
You can find a summary of interest paid and received, as well as tax withheld on your eligible accounts through Westpac Live. This is also available through your Westpac mobile and tablet banking app. To generate an interest and tax summary report follow the below steps:
Hover over Services & preferences drop down menu, and select services
You can also access the Interest and tax feature through the overview menu.
Click on the interest and tax link within the account services section
You can view the current and the previous 2 financial years' interest and tax summaries. You can also save as a PDF or print the summary
Providing us with your Tax File Number is advisable but not compulsory. If you choose not to provide it, we are required to deduct withholding tax at the highest marginal tax rate.
Visit a branch or call 132032 to provide your TFN.
Things you should know
This report is limited to Westpac-branded accounts available through Online Banking only and may not include all accounts held with the Westpac Group. If using the interest and tax summary for your tax return you should consider this and ensure that all information is correct before it is included in your tax return.
The Interest and tax summary does not include amounts which have been incurred or accrued but have not yet been paid or received.
All amounts are in AUD unless otherwise specified.
Westpac Live and the iPhone and Android Mobile Banking applications are only available for use by Westpac Australia customers.
Internet connection is needed to access Online Banking and the Westpac Mobile Banking app. Normal mobile data charges apply.