Investor Forms

Who can certify copies of identification documents?

In accordance with the Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No. 1) a certified copy means a document that has been certified as a true copy of an original document by one of the following persons:

(1) a person who, under a law in force in a State or Territory, is currently licensed or registered to practise in an occupation listed in Part 1 of Schedule 2 of the Statutory Declarations Regulations 1993;

(2) a person who is enrolled on the roll of the Supreme Court of a State or Territory, or the High Court of Australia, as a legal practitioner (however described);

(3) a person listed in Part 2 of Schedule 2 of the Statutory Declarations Regulations 1993. For the purposes of these Rules, where Part 2 uses the term ‘5 or more years of continuous service’, this should be read as ‘2 or more years of continuous service’;

(4) an officer with, or authorised representative of, a holder of an Australian financial services licence, having 2 or more years of continuous service with one or more licensees;

(5) an officer with, or a credit representative of, a holder of an Australian credit licence, having 2 or more years of continuous service with one or more licensees;

(6) a person authorised as a notary public in a foreign country.

Occupations as listed in part 1 of schedule 2 of the Statutory Declarations Regulations 1993

• Chiropractor
• Dentist
• Legal practitioner
• Medical practitioner
• Nurse
• Optometrist
• Patent attorney
• Pharmacist
• Physiotherapist
• Psychologist
• Trade marks attorney
• Veterinary surgeon

Other persons as listed in part 2 of schedule 2 of the Statutory Declarations Regulations 1993*

• Agent of the Australian Postal Corporation who is in charge of an office supplying postal services to the public
• Australian Consular Officer or Australian Diplomatic Officer (within the meaning of the Consular Fees Act 1955)
• Bailiff
• Bank officer with 2 or more continuous years of service
• Building society officer with 2 or more years of continuous service
• Chief Executive Officer of a Commonwealth court
• Clerk of a court
• Commissioner for Affidavits
• Commissioner for Declarations
• Credit union officer with 2 or more years of continuous service
• Employee of the Australian Trade Commission who is:
(a) in a country or place outside Australia; and
(b) authorised under paragraph 3 (d) of the Consular Fees Act 1955;
and
(c) exercising his or her function in that place
• Employee of the Commonwealth who is:
(a) in a country or place outside Australia; and
(b) authorised under paragraph 3 (c) of the Consular Fees Act 1955;
and
(c) exercising his or her function in that place
• Fellow of the National Tax Accountants’ Association
• Finance Company Officer with 2 or more years of continuous service
• Holder of a statutory office not specified in another item in this Part
• Judge of a court
• Justice of the Peace
• Magistrate
• Marriage celebrant registered under Subdivision C of Division 1 of
Part IV of the Marriage Act 1961
• Master of a court
• Member of Chartered Secretaries Australia
• Member of Engineers Australia, other than at the grade of student
• Member of the Association of Taxation and Management Accountants
• Member of the Australian Defence Force who is:
(a) an officer; or
(b) a non-commissioned officer within the meaning of the Defence Force Discipline Act 1982 with 2 or more years of continuous service; or
(c) a warrant officer within the meaning of that Act
• Member of the Institute of Chartered Accountants in Australia, the Australian Society of Certified Practising Accountants or the National Institute of Accountants
• Member of:
(a) the Parliament of the Commonwealth; or
(b) the Parliament of a State; or
(c) a Territory legislature; or
(d) a local government authority of a State or Territory
• Minister of religion registered under Subdivision A of Division 1 of Part IV of the Marriage Act 1961
• Notary public
• Permanent employee of the Australian Postal Corporation with 2 or more years of continuous service who is employed in an office supplying postal services to the public
• Permanent employee of:
(a) the Commonwealth or a Commonwealth authority; or
(b) a State or Territory or a State or Territory authority; or
(c) a local government authority; with 2 or more years of continuous
service who is not specified in another item in this Part
• Person before whom a statutory declaration may be made under the law of the State or Territory in which the declaration is made
• Police officer
• Registrar, or Deputy Registrar, of a court
• Senior Executive Service employee of:
(a) the Commonwealth or a Commonwealth authority; or
(b) a State or Territory or a State or Territory authority
• Sheriff
• Sheriff’s officer
• Teacher employed on a full-time basis at a school or tertiary education institution
• Member of the Australasian Institute of Mining and Metallurgy

*(with the term ‘5 or more years of continuous service’ replaced with ‘2 or more years of continuous service’)

How to certify a copy of a document

The law requires that we receive certified copies of the identification documents you provide us. A certified copy is a document that has been certified as a true copy of an original document by a person listed above.

An example of a certified document:

I, John Smith of 123 Park Street, Sydney NSW 2000, in the capacity of a Justice of the Peace certify that this is a copy of a true and accurate copy of the original.

Signature: John Smith
Date: 1 January 2022

Important

• Any identification documents that are in a foreign language must be accompanied by an English translation from an accredited translator.

• If identification documents are being certified outside of the Commonwealth of Australia, generally speaking they may only be certified by an Australian consular officer (within the meaning of the Consular Fees Act 1955) or an Australian diplomatic officer, or a person authorised as a notary public in a foreign country. For further information on obtaining certification whist overseas, please contact the Zurich Client Service Centre on 131 551 (when calling from Australia) or +61 2 9995 1111 (when calling from overseas).

Identification Guide

This guide has been prepared to assist Australian resident individual taxpayers with the completion of their income tax return for the year ended 30 June.

Please note, this guide contains general information only and should not be relied upon as tax advice. This guide should be read in conjunction with the Australian Taxation Office’s (ATO) instructions and publications which can be found on the ATO’s website.

An investment in managed investment trusts can give rise to complex tax issues and each investor’s particular circumstances will be different. As such, we recommend before taking any action based on this document, that you consult your professional tax adviser for specific advice in relation to the tax implications.

A: Notes to the Tax Statement

1. Non-Primary Production income (13U)

This component comprises interest and other assessable income that must be included in your tax return at label 13U (non-primary production income).

This is your attributed amount of other assessable income from Australian sources (excluding capital gains, foreign income, and franked dividends). For resident investors, it is treated the same as Australian other income. For non-resident investors, the income is subject to withholding tax, generally at the same withholding tax rate as other Australian income.

2. Interest Withholding Tax and Non-resident Withholding Tax (13A)

Where you have indicated that you are a non-resident for Australian taxation purposes, tax has been deducted from your distribution payments during the year, at the rate prescribed under the tax legislation.

3. TFN withholding tax (13R)

If you have not provided your Tax File Number (“TFN”), or claimed a relevant exemption, amounts have been withheld at the highest marginal rate (including the Medicare Levy), and paid to the ATO. Any tax withheld should be included at label 13R of your tax return.

4. Capital Gains

Capital Gains have been separated into the following categories:

• Capital gains – other method taxable Australian property (TAP) – these are capital gains from the sale of investments that are
  taxable Australian property; and
• Capital gains – other method non-taxable Australian property (NTAP) – these are capital gains from the sale of investments that are not taxable Australian property.

If you are a resident of Australia for tax purposes this distinction is irrelevant. If you are not a resident of Australia for taxation purposes this distinction may affect the amount of withholding tax deducted from your distribution.

CAPITAL GAINS – DISCOUNT METHOD

This amount represents capital gains on assets held for more than 12 months and has been discounted by 50%.

CAPITAL GAINS – OTHER METHOD

This amount represents capital gains made on assets held for less than 12 months. Such gains do not qualify for the CGT discount.

TOTAL CURRENT YEAR CAPITAL GAINS (18H)

This is the total amount of capital gains attributed and/or distributed to you. This amount represents the capital gains tax discounted amount grossed up plus the capital gains – other amount.

NET CAPITAL GAIN (18A)

For individuals and trusts, the net capital gains amount is the discounted capital gains amount plus the capital gains – other amount. If there is a capital loss in the current year or net capital losses which were previously not applied, the losses can be applied against your share of capital gain for the current year.

5. Tax Deferred

Where the distribution from a trust exceeds the sum of the tax assessable income and capital gains components, the excess is called ‘tax deferred’. Tax deferred amounts are usually not assessable for income tax purposes and are therefore not included in your taxable income. Tax deferred amounts generally arise when depreciation and capital allowances have been allowed as tax deductions in the trust and will usually reduce the cost base of units held by you and will need to be taken into consideration when calculating any capital gains.

B: Preparing your Income Tax Return for Individuals using the Tax Statement if you are using myGov:

If the distribution information with respect to your Quanta Group Managed Investment Trust has been pre-filled by the ATO, check that the pre-filled information matches the Tax Return Information Statement. You should amend your tax return to match the information on the Tax Statement if the pre-filled information differs or has not been updated.

C: Other information

Quanta Group’s year-end for taxation purposes is 30 June. This guide assumes an individual taxpayer and one statement per account is issued. If your account is a joint account, you will need to apportion the amounts on the tax statement accordingly. This guide is mainly prepared to assist individual investors in completing their tax return. Therefore, If the investment is made by a company, trust, superannuation fund, or partnership, you should consult your accountant or financial adviser in relation to the use of the information in this guide.

RESOURCES

You can obtain tax publications to assist you in preparing your tax return by contacting the ATO’s Publications Ordering Service on
1300 720 092, visiting an ATO office, or downloading further information at www.ato.gov.au.

CONTACT INFORMATION

For any further information regarding the tax aspects of your investment with Quanta Group, please contact your accountant or financial adviser.

Download Tax Guide

Download Tax Deferred Example