Franking Credits Calculator

Use this calculator to determine the gross-up and tax offset from franked dividends for Australian shareholders. This tool is designed to help you accurately calculate your entitlements based on the dividends received.

Franked Dividends Received *

Your Tax Rate (%) *

Grossed-Up Amount: $0.00

Franking Credit: $0.00

Tax Payable or Refundable: $0.00

Data Source and Methodology

All calculations are strictly based on the formulas and data provided by the Australian Taxation Office. For detailed information, please refer to the official ATO guidance here.

The Formula Explained

Grossed-Up Amount: $ \text{Gross} = \frac{\text{Franked Dividends}}{1 - \text{Tax Rate}} $

Franking Credit: $ \text{Credit} = \text{Franked Dividends} \times \left(\frac{\text{Tax Rate}}{1 - \text{Tax Rate}}\right) $

Glossary of Terms

Franked Dividends: Dividends that have tax credits attached.
Grossed-Up Amount: The total value including the franking credit.
Franking Credit: A tax credit that can be used to offset tax payable.

Frequently Asked Questions (FAQ)

What are Franking Credits?

Franking credits are tax credits that allow companies to pass on tax paid at the corporate level to shareholders.

How do I calculate my Franking Credits?

Use the calculator above by entering your franked dividends and tax rate to find out your credits.

Tool developed by Ugo Candido. Content reviewed by Taxation Experts.
Last reviewed for accuracy on: October 10, 2023.