In this episode of the Friends With Money podcast, Vanessa Walker, managing editor of Money Magazine, delves into the topic of franking credits with Matthew Gibbs, the author of 'Frankly Speaking' in Money Magazine's October issue.
Matthew explains the concept of franking credits, how they work, and their implications for shareholders in Australia. He discusses the benefits and potential downsides, highlighting the impact of corporate tax rates and providing examples to illustrate these points.
#friendswithmoney #vanessawalker #matthewgibbs #frankingcredits
00:20 Understanding Franking Credits
00:54 Detailed Explanation of Franking Credits
03:56 Tax Implications for Shareholders
07:37 Examples and Calculations
11:52 Potential Changes in Corporate Tax Rates
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