Hi logcoIf its charity for SMSFs then its charity for super...

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20/02/19

14:51

Post #: 37501739
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Originally posted by logco: ↑

If its charity for SMSFs then its charity for super funds that claim franking credits all we want is consistency.
It is a tax refund and a refund that Industry and some retail funds will still be able to claim under Labors proposed changes.
I know many people with small funds under $700,000 and that figure will only keep people around the aged pension level,many of those people had very little in super and have put their assets and shares that they bought after tax into their fund to give them a reasonable retirement.
Labor policy for 1998 was to return franking credits to share holders then John Howard took the policy to the 2001 election.

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Originally posted by logco: ↑

If its charity for SMSFs then its charity for super funds that claim franking credits all we want is consistency.
It is a tax refund and a refund that Industry and some retail funds will still be able to claim under Labors proposed changes.
I know many people with small funds under $700,000 and that figure will only keep people around the aged pension level,many of those people had very little in super and have put their assets and shares that they bought after tax into their fund to give them a reasonable retirement.
Labor policy for 1998 was to return franking credits to share holders then John Howard took the policy to the 2001 election.

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Hi logco

If its charity for SMSFs then its charity for super funds that claim franking credits all we want is consistency.
It is a tax refund and a refund that Industry and some retail funds will still be able to claim under Labors proposed changes.

Very simple, why whinge? Cash your funds in, and join pooled funds. Then according to you you will get your franking credits back.
Simple is it not?

But you and I both know that your argument is a nonsense.

How many pooled funds are in a refund situation?

Pear
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