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The advantages of unfranked dividends

An unfranked dividend represents company profits paid to shareholders which has no tax credits attached to the dividend. Ed Chan of Chan & Naylor accounting firm in Sydney talks about its advantages in detail. All dividends whether franked or …

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Travel Allowance Warning

The Australian Taxation office has issued a new Tax Ruling that clarifies some issues with travel allowances TR 2017/D6 . Employers can choose to pay an employee a meal travel allowance directly, not as part of the Payroll …

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