Rebate on Franking Credits in SMSF

If we lose rebate on franking credits in SMSF as of 1/7/19 what happens to this last years if as in most cases we do not submit tax returns till Dec 19 or even Jan 2020. Will we still get the rebate?

A: Good news – no impact on any cash rebate for FY 18/19.

The proposed change is prospective – will only apply to dividends received on or after 1 July 19.


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