Tax calculation for Dividends, page-3

  1. Hanrahan
    47,086 Posts.
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    18/09/16
    11:22
    Post #: 19232909
    Don't quote me but I think you work out tax payable on the 20k income and then deduct the franking credit from that figure.

    Note: The FC is a rebate, not a deduction.
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