As overseas travel became more common in the 1960s, the ATO stopped issuing tax clearance certificates (which had previously reminded Australians planning on travel that they must ensure they had paid all tax owed prior to leaving the country).
- Fees and costs
Money that a super fund deducts for administering and investing contributions.
- Financial advisor
A person who holds an Australian Financial Services (AFS) licence and can give financial and investment advice.
- Fixed interest investments
Investments that offer a fixed interest rate on a fixed sum of money, usually for a specific period of time.
- Franked dividend
A share of a company's distribution paid to a shareholder on which tax has been paid by the company.
- Franking credit
A credit paid to shareholders for the tax already paid on a dividend distribution by the company. Franking dividends were formerly called imputation credits.
- Fringe benefit
A benefit received by employees from their employer instead of salary or wages, such as the use of a car for private purposes.
- Fringe benefits tax (FBT)
A tax payable on a non-salary benefit to an employee. The employer pays the tax, not the employee.
- Fund manager
A person or organisation that invests and manages superannuation money.