Franked Dividends are paying the shareholder a dividend and crediting some of the tax paid by the Company. This is called franking and is 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. A dividend can only be paid to Shareholders when the company has retained earnings and is solvent. Meaning that the company can pay debts at the time of paying the dividend.  In simple terms your company is a money box [...] READ MORE