Jump to content
  • 0

Franking Credits


Guest Jackelaide

Question

Guest Jackelaide

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

Link to comment

2 answers to this question

Recommended Posts

  • 0
Guest JasmineC

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

Link to comment
  • 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?

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • HODL offers a unique approach for crypto investors on BNBChain. Instead of focusing on active trading, you earn rewards simply for holding HODL tokens. Every transaction feeds a pool that gets distributed as BNB tokens to HODLers, essentially rewarding patience. The project goes beyond just transactions, exploring NFTs, Play-to-Earn games, and other ways to generate income for holders. Their innovative contract even automates the reward system, functioning like a built-in sell bot working for you around the clock. If you're a crypto believer who values long-term holding and want to be rewarded for your loyalty, HODL could be a great fit. HODL rose by 80% after its bitget listing.Just remember to do your own research before investing
    • I remember this tournament from last year. Seems they've upped the rewards this time. $5m and multiple modules to compete on. I'll tell my traders friends. This should get their juices up!.
    • The low mcap and daily trading volume makes it attractive to ape in early. The listing on bitget will give it more exposure.
×
×
  • Create New...
us