Self-managed financial planning

Franking credits

Australian companies that have already paid tax on their profits can pass on a credit for that tax when they pay a dividend. See how a franked dividend is grossed up, and whether you end up paying more tax or receiving a refund.

Your dividend

Grossed-up dividend and where the tax lands

$0 franking credit attached to this dividend

How it is worked out

General info

This is general information only and does not take into account your personal circumstances. Consult one of our licensed and experienced advisers before making a decision.

Assumptions