February 1, 2023

In this article, Dr. Don Hamson, Managing Director at Plato Investment Management, outlines the two legislative changes for franking credits (proposed in 2022), and describes their future implications. Dr. Hamson states that whilst these changes do pose drawbacks in 2023, there is no reason why they need to reduce investors' historic level of average annual franking credit income.

We at Bennett & Co, understand the importance of active, tax-effective portfolio management, and ensure that our income focussed clients have a strategic and astute portfolio weighting towards largely fully franked dividend paying companies.

If you would like to discuss further, please call any of the advisers here at Bennett & Co - Richard Bennett on 07 3876 8131, Tony Garnham on 07 3184 2520, or Michael Lynch on 0412 144 574.