Division 293 tax catches many high income earners off guard, creating unexpected financial burdens that could have been avoided with proper planning. This additional tax on superannuation contributions affects Australians when their combined income and concessional contributions exceed the income threshold of $250,000. We understand how frustrating it can be to discover you owe money…
Day: June 4, 2025

How to Calculate Franking Credits on Your Dividends: Step-by-Step for Australians
Learning how to calculate franking credits on your dividends can make a real difference to your tax position and put money back in your pocket through refunds. Many Australian investors receive dividend statements showing franking credits but feel confused about how these amounts are worked out or what they mean for their personal tax situation.…