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New ATO Form for Franking Credit Refunds

The ATO have released the Application for Refund of Franking Credits 2016 Form (NAT 4131) to enable certain not-for-profit organisations (including registered charities) to claim refunds for:

• franked dividends received on, or between, 1 July 2015 and 30 June 2016
• entitlements to franked distributions from one or more trusts for the year ended 30 June 2016

If the franked dividends the organisation was paid (or the franked distributions the organisation was entitled to) were for an earlier income year, a different application form must be used.

For more information, visit the ATO website here.

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