This is a sample fund with illustrative data. It is not connected to any real fund, and the figures are examples only (shown as at 5 July 2026). Start with your own fund →

Sample dataEngine-derived · parity-tested

Franking calculation

VAS distribution

Ex-dividend 1 July 2026 · $0.98 per unit · 70% franked

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Input assumptions

what the engine read

Fund: Walker Family Super Fund (sample)
Security: VAS; ASX-listed, AUD
Ex-dividend date: 1 July 2026
Record date: 2 July 2026
Payment date: 16 July 2026
Cash per unit: $0.98
Franking: 70%; partially franked
Company tax rate: 30%; statutory gross-up rate
Units matched: 950; across 2 parcels (LIFO)
Evaluation date: 5 July 2026; 45-day status assessed as at

Results

derived from the inputs above

Dividend summary

Cash dividend received: $931.00
Franking credit gross-up: $279.30
Grossed-up assessable income: $1,210.30
Tax offset claimable: $191.10
Tax offset forfeited: $0.00
Not yet determined (45-day window open): $88.20

Parcel matching (LIFO)

2 parcels matched · ITAA 1936 s 160APHI(4)

Parcel	Units	Held	Status	Franking	ATO source
P-demo-p-v VAS	650	17 May 2022 1506 days before ex-div	qualified 1510/45 days	$191.10
P-demo-p-v VAS	300	20 June 2026 11 days before ex-div	at-risk 15/45 days	$88.20

Integrity checks

Dividend washing check (s 207-157)not computed
Capital-raising-funded distribution (PCG 2025/3)green zone
Small-shareholder exemption (s 160APHT)N/A (SMSF)
NALI check (s 295-550)not computed
Residency (s 207-70)not computed
45-day at-risk holding (s 160APHO)at-risk parcels present

At-risk means a parcel has not yet met the 45-day holding requirement around the ex-dividend date, so its franking offset may not apply if sold early. The pre-trade simulator shows the earliest safe sale date per parcel.

ATO sources cited for this calculation

ITAA 1936 s 160APHO(2)(a)(i)
ITAA 1936 s 160APHO(2)(a)(ii)
ITAA 1997 Div 207 s 207-20(1)
ITAA 1936 s 160APHI(4)

Before you rely on these figures

What this is. This page shows the per-parcel franking calculation for a single dividend: gross-up, tax offset, and 45-day qualification status for each matched parcel.

Limitations. Figures reflect only your uploaded parcel and dividend data. They show the franking position for this dividend in isolation, not your fund's overall tax outcome, and are not a financial product or tax service.

Assumptions used.

Statutory / fixedThe 45-day holding rule (90 days for preference shares) and the related-payments / at-risk tests under ITAA 1936 ss 160APHO-160APHI.
Statutory / fixedFranking gross-up and the franking tax offset are computed at the statutory rates under ITAA 1997 Div 207.
Your dataYour parcel acquisition dates, units held and cost base, as uploaded from your broker/registry data.
Your dataThe dividend ex-date, cash-per-unit and franking percentage drawn from your uploaded records.

This calculator is not intended to be relied on for the purpose of making a decision in relation to a financial product. You should consider obtaining advice from an Australian financial services licensee before making any financial decision.

Run this on your own fund →

This is a sample fund with illustrative data. It is not connected to any real fund, and the figures are examples only (shown as at 5 July 2026). Start with your own fund →