imputation credits and Income tax variation

[Ridin-High]

Good evening,
Would someone be able to riddle me this.

Can i use a ITWV to get benefit through out the year from my tax credits from shares paying franked dividends? Or do i have to wait to the end of the financial year?

Reason being to assist with cashflow to service neg geared share portfolio

Regards,

RH

 

[Ridin-High]

If someone has the answer can i get a Ku ku!

 

[Empty Pockets]

Thought you'd read the form at least.

Looks to me you need to complete

Section A12 = 12A1 & section E - E10.

 

[Ridin-High]

Thought you'd read the form at least.

Looks to me you need to complete

Section A12 = 12A1 & section E - E10.

my accountant does it and hasn't replied to my email. But thankyou for your reply.
Looks like i can Yay!

 

[alexlee]

You would only get a benefit if your maginal tax rate is less than 30% and they're fully franked dividends.