The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.I.25 Imputation credits


These definitions apply to all payments.


An imputation credit is a credit to a person owning shares for the tax that has already been paid by the issuing company on their dividends. These are also known as franking credits.

Policy reference: SS Guide 1.1.F.175 Franked dividends, Income from Private Companies & Trusts

Last reviewed: