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Article #10Re: APRA Awards - additional (hidden) benefits
From: mjp
Date: Wed, 19 Aug 1992 21:25
Date: Wed, 19 Aug 1992 21:25
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1358 bytes
rfeadf@minyos.xx.rmit.oz.au (Andrew Finegan) writes: Another advantage of being tax free is that all other income is taxed according to the marginal rates of your other income. Hence if you invest in some shares paying franked dividends, the then you not only get the dividends, but also a large proportion if not all of the franking credits as tax refunds. Given that fully franked shares means 39% tax was paid on the distribution, that means you almost double the return of the shares in your hand. Michael -- Michael Pilling Phone: +61 8 259 7017 Software Engineering Group Fax: +61 8 259 5980 Information Technology Division Telex: AA82799 DSTO Australia michael_pilling@itd.dsto.gov.au
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Path: arc1-ca.pugleaf.net!sparky!uunet!decwrl!csus.edu!umn.edu!math.fu-berlin.de!informatik.tu-muenchen.de!LRZnews!regent!monu1.cc.monash.edu.au!monu6!bruce.cs.monash.edu.au!munnari.oz.au!yoyo.aarnet.edu.au!dstos3.dsto.gov.au!dstos3.dsto.gov.au!news From: mjp@itd.dsto.gov.au Newsgroups: aus.students Subject: Re: APRA Awards - additional (hidden) benefits Keywords: Australian Postgraduate Research Awards, Family Allowance Supplement Message-ID: <1992Aug19.152521.164364@dstos3.dsto.gov.au> Date: 19 Aug 92 21:25:19 GMT References: <1992Jun26.183521.19754@minyos.xx.rmit.oz.au> Distribution: aus Lines: 18 Nntp-Posting-Host: se14.dsto.gov.au