Trust: Income
Question: Unfranked Dividends appear in "Non-Primary Income" in net income , yet franked income and imputation credits appear in "other"...
Fri, 18 Jul, 2025 at 6:27 AM
Illustration: If your trust entity received Franking Credits in prior years but was unable to claim them due to tax losses (resulting in unclaimed franking ...
Mon, 20 Oct, 2025 at 10:03 AM
Franked distributions from trusts received at Item 8 of the Trust Tax Return already include attached franking credits, as per ATO instructions. These c...
Wed, 10 Dec, 2025 at 12:19 PM
Prompt: CMN.ATO.GEN.430098 Franking credit cannot be greeater than 48% of dividends - frank amount. Guidance: To resolve this issue, ensure that the fran...
Wed, 21 Jan, 2026 at 7:35 AM