How to get good yield without franking

Share investors at the moment can receive cash refunds if their franking credits exceed their tax payable. The Australian Labor Party (ALP) wants to eliminated these tax refunds if they are elected to federal government next year. The dividend imputation system was introduced to avoid double taxation where the company already pays 30 percent tax on income. Tax payers who pay little tax will be most affected by this change. Self-managed Super Funds are currently exempt from tax when they …

Read MoreHow to get good yield without franking