Glossary beginning with U

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Unearned income search for term

Income received that is not from a personal exertion source. Bank interest and dividends are examples of unearned income.

Unfranked dividend search for term

A share of a company's distribution paid to a shareholder on which no tax has been paid by the company.

  • Fact 26

    The introduction of electronic lodgement of tax forms in the late 1980s not only reduced the time it took to send out returns from ten weeks to two weeks but had a significant impact on the incidence of repetitive strain injury among data processors at the ATO.

Australian Securities Exchange

An Australian exchange where shares and other securities are traded.

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