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  1. Terry_w

    Amount able to be earned in dividends and not pay tax

    What about investing in your SMSF when in pension phase. Nil tax is payable so imagine if you invested in high yielding blue chip shares. eg. some of the banks were yielding 8% a few weeks ago. $1,000,000 in a mixture of shares, could yield: $80,000 in dividends $34,285 in franking...
  2. Terry_w

    Amount able to be earned in dividends and not pay tax

    Just stumbled on this article on Super and dividends http://www.smh.com.au/money/super-and-funds/diy-super-tax-strategies-20120214-1t2mq.html
  3. Terry_w

    Amount able to be earned in dividends and not pay tax

    I think it best to own shares in a separate trust because the trust may need to make a family trust election. That way the other assets such as real property are not subject to the restrictions of the family trust election This trust can then distribute to individuals or another trust with a...
  4. Terry_w

    Amount able to be earned in dividends and not pay tax

    Someone wanting to obtain an income of $50,000 in the hand would only need about $741,733 in shares yielding 6%. If dividends Fully franked.
  5. Terry_w

    Amount able to be earned in dividends and not pay tax

    Hi Ned Banks are around 6%. ANZ is currently 6.00 CBA 6.61% NAB 7.06% SUN 4.88% So if someone just needed $50,000 pa income (in the hand) and had invested in bank shares it wouldn't be unachievable. May not be a good idea to have all your shares in the one sector though.
  6. Terry_w

    Amount able to be earned in dividends and not pay tax

    I am doing a course on taxation and we have covered dividends and franking credits etc. I've done some calculations and it appears someone could earn about $99,000 or so pa and not have to pay tax at all if this income came from fully franked dividends and there was no other income source...
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