murele I think your're talking now about the 45 day holding rule, if one start to recieve quiet a lot in divvie $$ and its quiet a bit per year have got the amount in fount of me, to get the full franking credits you can put in you tax. you must hold the company for 45 days.
Points to be mindful of:
’45 day holding period rule’ - to be entitled to franking credits you must hold your shares (or instalments) for at least 45 days. If you are claiming less than $5,000 of franking credits per financial year, the rule does not apply. You should consult your tax advisor, or you can refer to the taxation paper on the ASX website for more detailed information.
Anyway if one wants to read up on it all, its all there on the net..ASX site
Cheers
Mx
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