Dividends Paid and Franking Account

Modified on: Mon, 29 Nov, 2021 at 10:35 AM

The video provides the following guide to using the Share Register & Franking Account -

Setting up the franking account ( company as SBE changes the rate of franking to equate to either 30% tax rate or 27.5% tax rate)
Adding a balance to the franking account
Adding a transaction in the franking account
Paying franked and unfranked dividends
How it will inject to company tax forms

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