View the entire Frequently Asked Questions (FAQs)

Why do we recommend you provide your Tax File Number (TFN)?

It is not mandatory for you to provide your Tax File Number (TFN). However, if you do not provide us with your Australian TFN or TFN exemption reason, withholding tax may be deducted from your interest earnings. Not providing the TFN information might impact you every time you receive distributions or dividends for the securities you hold, or when you earn interest on the cash in your cash account. So, we recommend you provide the TFN information during the QuietGrowth onboarding process.

If you decide to provide the TFN information, you can do so either (a) during onboarding; or (b) while we manage your investments after your QuietGrowth account is created.

Disclaimer

QuietGrowth does not provide tax advice and is not a registered tax agent. If you have any questions about your tax situation or the completion of your tax return, we recommend you speak with your tax adviser or accountant.

Also read the answer to the related question:

Do I earn interest on the cash in my cash account?

Online financial advice for your long-term investing

Avail general financial advice and personal financial advice, in the form of digital advice, for your long-term investing needs by creating an account with QuietGrowth. Delegate your long-term investment activity to us. We offer Individual, Joint, SMSF and Trust account types.

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