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 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

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?

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
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.

  • General Statistics

    • Total Topics
      15,434
    • Total Posts
      73,994
    • Total Members
      62,367
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    jaloldean
    Joined 19/06/21 02:00
  • Posts

    • This weekend don't forget the rules to SAVE LIVES!!!!!   ... unless of course you happen to be going to Ascot 👍
    • Looks like it's a flat squib affair for the SP500 - I'm away early next week, but I'd give this until Tuesday (max 3 weeks after the physical date) to do something otherwise I'm marking it down as a failure Which is not bad, out of all the TC's this one is the one to be most concerned won't work, especially during an UP Bullish major cycle, which is what we are in, but the expectation was for the market to react as per May 2012 as shown on the Internal cycle harmonic chart in the post directly above So unless we get a 7%+ correction from the highs next week - I'll simply log this as failed - remember we trade the market NOT the Time Cycle  The small correction into the actual date is NOT good enough to say that was it! - We should be able to see these corrections/upswings clearly on a monthly chart, which means they should be of significance I'll hold off publishing the next Time Cycle just in case something happens next week SP500 Index Daily Chart: data to Thursday 17th June 2021
    • and Gold Puked at 10 year resistance line  
×
×
  • Create New...