Kolini Photo

My WordPress Blog

Month: January 2023

How Does A Franking Credit Work?

In Australia, businesses can reduce their profit-related tax liability by taking advantage of a tax credit known as the franking credit. This system functions by enabling these businesses to “frank” their dividends, or return to their investors a portion of the tax they have already paid. Shareholders, who are cut into the company’s profits without […]

Scroll to top