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the 9 years of Govt suppression, page-58

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Andrewst10

18,940 Posts.

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30/07/24

19:57

Post #: 74989431
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Originally posted by Hingdog: ↑

Personally I don't think there should be any cap, if you've worked and saved up to fund your own retirement, why shouldn't you be able to enjoy that hard work without the tax man ripping into you - he still gets you in plenty of other ways like every time you open your wallet

However, hasn't there already been an effective cap on franking credits with the caps imposed by Turnbull and now Albanese on super? (as I said I don't keep up with the rules as I don't have any super)

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I am not an accountant - but I am almost certain that you get franking credits on shares held outside super if in retirement mode.
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