The point I am making is that those with assessable income above the tax free threshold will still get the benefit of the franking credit.
Everyone has or will have more than $100k in super if they work. Everyone will have to take $5k per year out of super in retirement
Everyone at or below the tax free threshold will lose the benefit.
You can substitute any numbers you want in my example. Below $45k you lose the benefit of the franking credit.
Above $45k you get the benefit of the FC. Assuming no other allowable deductions
Everyone's tax position is different.
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The point I am making is that those with assessable income above...
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