Franking credits
Learn & Connect Investor Resources How do I administer my affairs? Franking credits
Franking credits represent the tax a company has already paid on any profit it distributes to shareholders as a dividend. Franking credits are declared, along with the dividend, as income and then the credits reduce a shareholders tax liability and in some cases can result in a tax refund.
What are franking credits?
- Check out the cash flow diagram to learn more about franking credits.
The basics of franking credits
- Understand the basics, follow the examples and try the calculator here.
How franking credits work & who benefits?
- Julia Lee’s article on franking credits is an easy read guide to help you understand how franking credits work.
The Alliance for a Fairer Retirement System
- The ASA is a participating member of the Alliance for a Fairer Retirement System which exists to represent millions of senior Australians, shareholders, self-funded retirees planning for a sustainable retirement.
- The Alliance came together around the proposed franking credit tax change, and is now encouraging the government to commission a review of the retirement income system so that sound policy can be implemented. The Alliance’s Objectives