Jump to content
  • 0

Franking Credits


Jackelaide

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

Link to comment

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

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
  • General Statistics

    • Total Topics
      16,590
    • Total Posts
      79,242
    • Total Members
      65,067
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Zouz
    Joined 29/11/21 17:06
  • Posts

    • Market data to trade on Tuesday: USD/JPY; CAC40; EZJ As the Omicron variant dominates headlines worldwide, Daniela Sabin Hathorn looks at the latest economic data out on Tuesday, including inflation and employment in Europe, and GDP and consumer confidence from Canada and the US. On the corporate calendar, earnings from easyJet (EZJ) will be the main focus as the recovery in European travel seems to be under threat once again. https://www.ig.com/uk/market-insight-articles/market-data-to-trade-on-tuesday--usd-jpy--cac40--ezj-211129
    • Watching the Covid winners on IG’s all-sessions trading     All the best - MongiIG
    • Reading the markets to establish what is sending trade in a particular way opens up opportunities that some may miss. Today it seems there’s a further leg up for drug companies that are in the business of finding the next vaccine. IGTV’s Jeremy Naylor looks at Pfizer, BioNTech and Moderna. https://www.ig.com/uk/market-insight-articles/watching-the-covid-winners-on-igs-all-sessions-trading-211129 Moderna (all-sessions) up for a second day       BioNTech (all-sessions), like MRNA, working on adaptive #Covid vaccine     Pfizer all time record high (all-sessions)
×
×
  • Create New...