Iron ore price, page-54265

Here are your tax rates for this next financial year.
So if your fully franked dividend is say $40,000 for the year.
Times that by 43% to get the franking credits and on $40,000
that would be $17200 franking credits.

So if your tax is say in the 30% zone your tax amount might be say $7000
then expect a ATO return of $10,200 back into your bank account.

Go to H&R Block or a good accountant and they do all this calculating for you
including any capital gains on shares you have sold. If the shares are over 12 months old when yo sell then
divide by 2 so if the capital gain is $10,000 then the tax is based on half that at $5000 so your tax would be
50% of $5000 making your payment $2500. Now if you had losses carrying over from a previous year you might
not be paying anything.

Get an accountant to work it all out.