Ahead of the release of its interim results on Wednesday, ANZ has detailed several notable items that will result in a net after-tax charge of A$43 million.

The bank will report a net after-tax gain of $205 million relating to divestments and business closures during the March half-year. The main item is the sale of its Merchant Acquiring Business into a joint venture with Worldline Payment Solutions.

It will report a $126 million tax charge relating to withholding tax on a dividend payment from ANZ Papua New Guinea. The bank said it put capital into ANZ PNG equivalent to the dividend, net of withholding tax.

It will report an after-tax charge of $123 million for customer remediation, covering increased program costs and revised estimates of remediation.

And it will report a net after-tax gain of $1 million, made up of restructuring charges, divested business results and a litigation settlement.