iluvgold, the amount of franking credits in a dividend has nothing to do with your income level.
value of franking credits = number of shares x
((fully franked div / 0.7) - fully franked div).
Whether you can access the franking credits is subjected to the holding rule.
http://www.ato.gov.au/businesses/content.aspx?doc=/content/18898.htm
iluvgold, the amount of franking credits in a dividend has...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)