Franking credit refunds

Franking credit refunds

Not-for-profit organisations that receive franked dividends may be entitled to a refund of attached franking credits.

Franking credits

Franking credits attached to franked dividends received by the following organisations may be refundable, provided the eligibility criteria are met; registered charities that are exempt from income tax, deductible gift recipients (DGRs), developing country relief funds, and exempt institutions that are eligible for a refund under a Commonwealth law other than the income tax law.

Refunding franking credits - individuals

Individuals may be eligible for a refund of excess franking credits and there are different ways to apply for a refund.