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Adam Breguet Profile picture
Adam Breguet
@AdamBreguet
22 year old University of Melbourne graduate of Bachelor of Commerce Passionate about politics and making the world a fairer and more equal place Tax Accountant
Feb 19, 2019 • 6 tweets • 2 min read
1/ Ok, so I'm getting a little sick of the #FrankingCredits debate. I'm a tax accountant and I deal with franking credits all the time, so here's a few numbers: #auspol 2/ Let's look at a person who has a "modest" franking credit refund of $20,000. This person will also have a "Franked dividend" of ~$46,600. That's $46,600 of cash (or potentially reinvestment, more on that later).