Get Franking Credit Refunds
Franking credits are a refundable tax offset, which means that if no tax is payable, or if the franking credits are greater than the amount of tax calculated on your income, then the balance is payable as a refund.
With the introduction of higher tax thresholds since 1 July 2012, together with available offsets, especially for seniors, many taxpayers may no longer be required to lodge a tax return.
This can result in an oversight for taxpayers who might otherwise have claimed the refund of franking credits by including the details in their tax return.
To enable the claiming of franking credit refunds without having to prepare and lodge a tax return, the Tax office has a form “Application for refund of imputation credits”.
Franking credit refund forms & instructions
- Application form and instructions 2017-18
- Application form and instructions 2016-17
- Application form and instructions 2015-16
- Application form and instructions 2014-15
- Application form and instructions 2013-14
- Application form and instructions 2012-13
For Non-Profit Organisations
Eligible organisations receiving franked dividends in the financial year or entitled to franked distributions from a trust can get a refund of franking credits.
For 2017-18 application details see here.
An application form and related eligibility information for 2016-17 is published online here.
- You and your shares 2018 – Tax Office publication explaining investor tax records, tax implications etc
- Refund of franking credits information 2017–18 – non-profits
- You and your shares 2017
- Refund of franking credits information 2016–17 – non-profits
- High Court clarifies question on trust streaming of franking credits
This page was last modified 2018-12-05