Tax cuts burn franking credits
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Running Time: 5:33 Date: 01/04/2017 It’s hard to keep up with government changes to tax, let alone how they might affect a business between announcements and legislation. Tax expert Michael Jones highlights the issue with the government’s proposal to reduce the small business company tax rate from 30% to 27.5%. Until the legislation is passed, how should you address franking credits to shareholders? Topics: Accounting & Tax |
Michael Jones, Cummings Flavel McCormack |