Labor has proposed a new policy where they want to eradicate cash refunds for excess franking credits. This means that if Labor wins the Federal election in 2019, thousands of SMSF holders could see a cut to their income. As a share investor, if this happens, it is important to understand the different strategies available to minimise the damage. A franked dividend means the company has already paid 30% tax on the income. This pre-paid tax on a dividend is …

Read More7 Strategies to Take if Labor Changes Imputation Dividend Refunds