How do I put this.
If your franking credits for yourself is say $20K and your tax you have to pay is say
$15K then ATO gives you a credit of $5K into your bank account when your tax return goes in
which means you don't end up paying any tax.
Get an accountant. They have access to all your details and it only takes my accountant
about an hour to do.
Quite a few use H&R Block to sort it all out.
How do I put this.If your franking credits for yourself is say...
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