Australia's largest stock trading and investment forum Australia's #1 stock forum

correct IMO, but do note that we are likely to have a long...

First 2 Last

Share
Profile

Follow
curiouswon

3,751 Posts.

524

13/05/19

16:03

Post #: 38540458
Share

Originally posted by johnpssmith: ↑

I need something explained to me.

Let's say my super is in pension mode and I earn 50k - no tax. That's fine.

I also own a rental property. The rent (gross income) brings me 18k which is tax free. There are no deductions because I do not pay tax as this begins at 18k.

However if I owned shares and the net dividend and franking credit (gross income combined) are 18k but I would only get around 14k. The tax has already been paid by the company but as I am allowed up to 18k tax free shouldn't that franking credit be mine also?

Currently it is but when Bill comes in it isn't. Better off owning property - new buildings at least!

Expand

correct IMO, but do note that we are likely to have a long property overhang.
Upvote

Reply

There are more pages in this discussion • 1 more message in this thread...

First 2 Last