Dividend income that has had tax paid. UK dividends are paid net of basic rate tax, with no further tax to pay for the basic rate taxpayer. Non-taxpayers can no longer recover this tax credit.
Found on
http://www.encyclo.co.uk/local/20416
Franked investment income are dividends and other distributions from British companies that are received by other companies. The principle of the imputation system of taxation is that once one company has paid corporation tax, any dividends it pays can pass through any number of other companies without carrying a further corporation-tax charge, hen...
Found on
http://www.probertencyclopaedia.com/browse/JF.HTM
No exact match found.
