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Taxation on Property Versus Taxation on Shares. Is Property Better Off?, page-2

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curiouswon

3,754 Posts.

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13/05/19

16:03

Post #: 38540458
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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!

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