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richieinspain.
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dolphinslover
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When calculating augmented profits, when do u include franked investment income?
ansi
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@smily-acca,
Well , usually you calculate your taxable total profits, then show FII that is a sum of dividends from non associated companies, then sum up those two and u get augmented profits. And then depends on how u present data , u either show the limits of income or start to calculate your tax liability.
richieinspain
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FII comes into play when a company has received dividends from an entity which is not an associated company. Intra-group dividends are ignored
dolphinslover
ansi
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