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DIVIDENDS AND TAX

DHHF or VAS/VGS?

Hi everyone. Looking to invest long term and trying to decide between DHHF or the VAS/VGS combo? Also is there any responsibility to pay taxes at tax time with either etf, even if I’m just holding long term? Thanks in advance

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Olivia null.

22 November 2024

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Dave Gow - Strong Money Australia

INVESTOR

14 days ago

Hi Olivia.

Yes, any option you choose will have a tax outcome at the end of financial year.

Both assets produce income (and franking credits), so there will be some taxes to pay, but luckily this is fairly straightforward. The income information usually gets pre-filled automatically these days which helps, but in any case, you would receive statements which you can give to your accountant to do the tax return.

As for choosing between an all in one ETF vs a combo of two, this article might be helpful in deciding which way to go: https://strongmoneyaustralia.com/dhhf-vdhg-on...

Cheers, Dave

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