Cec Woodhouse replied to the topic Acceptable gearing ratio? in the forum Help Needed! 19 years, 5 months ago
Zen, The form that is used to reduce tax on a weekly basis is called 2005 PAYG Income Tax Withholding Variation (ITWV) application.
The form number is NAT5422-03-2004.
I think the form that is to be used this year will start with 2006 PAYG etc. A new form is brought out each year in April or May.
This form can filled out on the website and…[Read more]Cec Woodhouse replied to the topic unfranked dividends in the forum Help Needed! 19 years, 6 months ago
Hello Clueless,
The unfranked dividend is shown in your income tax return at item 11 S. There is no credit for imputation credit on this amount. The company has not paid any tax for this dividend for whatever reason.Franked dividends are the ones that will have imputaion credits.
You can claim the interest on borrowed funds for shares purchased to…[Read more]