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Which TFN to use - Company or Trust

Discussion in 'Accounting, Tax & Legal' started by BlissfullyUnaware, 24th Dec, 2011.

  1. BlissfullyUnaware

    BlissfullyUnaware New Member

    Joined:
    24th Dec, 2011
    Posts:
    2
    Location:
    Brisbane
    Hi All,

    I've set up a family trust for property/shares (123 Trust) with a corporate trustee (ABC pty ltd).

    I have a bank account - ABC pty Ltd ATF 123 Family Trust.

    I have a CommSuck (ahem, sorry, I mean CommSec) account in Name of ABC pty Ltd ATF 123 Family Trust.

    Which TFN number do I use for CommSec and the Share Registries? the TFN of the Company, or for the TFN of the Family Trust? I'm a bit confused, which isn't unusual really :)

    Any advice would be much appreciated,

    Cheers,
    James
     
  2. Terryw

    Terryw Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    653
    Location:
    Sydney

    Trust's TFN
     
  3. BlissfullyUnaware

    BlissfullyUnaware New Member

    Joined:
    24th Dec, 2011
    Posts:
    2
    Location:
    Brisbane
    Thanks!

    Thank you for the info I appreciate it,

    Cheers,
    James