Franked Dividends are recognising tax paid by the Company and transferring the tax as a credit when the Company pays Profit to shareholders. Running your own Company will mean that as a shareholder you will want to access these profits. This is done as a Dividend. In simple terms your company is a money box and the only way to get it out as a shareholder is to pay profits as a Dividend. This will either be paid to you as a Franked or unfranked Dividend. Profits to shareholders can be paid from the Company retained profits as a dividend. [...] READ MORE