Last bit I hope.
Was going to buy some for my SMSF until I read this about the 45 days rule:
"What this means is that a SMSF must adhere to the 45-day rule regardless of how small the franking credits amount is, if the SMSF wishes to take advantage of the franking credit. You must hold a company�s shares for at least 45 days excluding the day of purchase and the day of sale, to be entitled to franking credits. The 45-day rule does not apply to individuals whose total franking credit entitlement for a financial year is below $5000."
http://www.superguide.com.au/diy-superannuation/smsf-investment-franked-dividends-and-the-45-day-rule
Left it too late as the shares go ex div and ex capital return on the 10th October.
- Forums
- ASX - By Stock
- WPG
- 1650
1650, page-3
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)