@[email protected] to [email protected] • 9 months agoDaily Discussion Thread: 🚂 🍰🚂🍰🚂 Thursday, September 19, 2024message-square178fedilinkarrow-up123
arrow-up123message-squareDaily Discussion Thread: 🚂 🍰🚂🍰🚂 Thursday, September 19, 2024@[email protected] to [email protected] • 9 months agomessage-square178fedilink
minus-square@[email protected]linkfedilink3•9 months agoYou get (20c / (1-0.3)) -20c = A franking credit of about 8.5c so you’re ending up getting 20c + 8.5c or 28.5c. It’s to avoid double taxation.
minus-square@[email protected]linkfedilink2•9 months agooh ok, I didn’t realise you get the franking credit as well.
You get (20c / (1-0.3)) -20c = A franking credit of about 8.5c
so you’re ending up getting 20c + 8.5c or 28.5c. It’s to avoid double taxation.
oh ok, I didn’t realise you get the franking credit as well.