Special Summer ‘ReStart’ - Episode Two - Getting to know shares and managed funds
The Money Puzzle
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What Is an Imputation Credit?
A bank like nab will pay some tax on the profit, and then it'll declare what we call a cash dividend. So that's what we see come through to our bank accounts. But you also get a bit of paper that shows you that there's this thing called an imputation credit there. And if you do pay, if you're a zero taxpayer, you actually get the credit as a check in cash.
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