ANZ 1.16% $29.71 anz group holdings limited

Doing well despite ex-divividend!, page-4

  1. 10,373 Posts.
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    Hell

    For your post to be correct, you are defining a “high income earner” as someone earning less than $50.000 pa.

    Over this amount the personal tax rate is in excess of 30% - the company tax rate.

    In other words, for anybody earning over $50.000 pa, even fully franked dividend will create a tax liability.

    Suggest both you and GP change your tax accountants as if you are earning over $50.000 all those luvly franked dividends are going to come home to roost!
 
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