Jump to content
  • 0
Sign in to follow this  

Franking Credits

Question

Hi Guys,

 

Relatively new to the world of share trading, however I like to think that I have done a fair amount of research.

 

While I understand that the shares held through IG are held in custody on my behalf, and not CHESS sponsored, I have just been paid my first dividends. These are fully franked dividends, as detailed on the company website/ ASX.

 

Are the rights to the franking credits still mine or are IG claiming these as their own, because on the IG statement there is no detail of the franking credit being passed on to me?

 

Regards, Jack

Share this post


Link to post

2 answers to this question

Recommended Posts

  • 0

Hi ,  you will indeed be entitled for franking credits for any dividends received on your shares. Whilst they are not included in the daily statements, all details regarding franking credits will be available in your annual tax statement which will be sent out at the end of the tax year. 

I hope this will help.

Cheers

Jasmine

Share this post


Link to post
  • 0
Guest Nai Nai
On ‎02‎/‎03‎/‎2018 at 13:58, JasmineC said:

Hi ,  you will indeed be entitled for franking credits for any dividends received on your shares. Whilst they are not included in the daily statements, all details regarding franking credits will be available in your annual tax statement which will be sent out at the end of the tax year. 

I hope this will help.

Cheers

Jasmine

Hi Jasmine,

 

What about if I receive normally fully franked dividends for BHP on CFD's? Will I still have the right to the franking credits and where is this posted on my end of year reports?

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      12,758
    • Total Posts
      65,524
    • Total Members
      86,259
    Newest Member
    skullraiderr
    Joined 21/10/20 23:29
  • Posts

×
×