Recent content by Fluffmeister21

Nevermind... sorted https://www.ato.gov.au/Individuals/Investing/In-detail/Receiving-interest-and-dividends/You-and-your-shares-2012-13/?page=7#The_dividend_or_distribution_statement

Just to clarify as far as the ATO is concerned though when you declare income they want the 558 number, the maths above is just to reflect the full after tax implication?

Just to clarify, one doesn't actually calculate the taxable income based on the net dividend + imputation, this is purely to calculate the net after tax impact as opposed to what one would declare to the ATO?

I think i was asleep when i first posted this...as i deducted the interest twice... 50/50 Split with the Margin Loan. Initial Equity Investment 10,000.00 Amount Borrowed 10,000.00 Initial Stock Price 66.80 Shares Purchased 299 Ending Stock Price 66.80 Cash Dividends 1 year $5.04...

Yea I was working with a grosssed up figure to account for the franking credits... I believe...to treat it as Pre Tax Money for ease of calcuations. I'm a bit confused by that in fact... they quote a yield at 5.58 but a grossed up yield of 7.54 which I assume is because not everything is...

Hi All I'm just in the process of setting up a Margin Loan and just wanted to clarify the maths on it a bit, especially in regards to the tax conductibility of the interest on the loan. I've based the below on the 37c for each $1 tax bracket.....Mostly looking at the ability to service a loan...