Asha purchased $9,000 worth of shares in a small mining company on 1 December 2015. At 31 March 2021, the company declared and paid her an interim dividend of $1,000, which was unfranked. What amount must Asha include in her assessable income for the 2021 income year as assessable income?

Answer rating: 100% (QA)

In Australia only franked dividends are included in an individuals assessable income at their full v... View the full answer