DRP Pricing Tax Information Non-resident Investors Tax Components Cost Base TFN/ABN
Payment of Distributions
Abacus Group currently pays distributions twice a year, usually in February and August.
Distributions may compromise distributions from Abacus Trust, Abacus income Trust and Abacus Storage Property Trust and dividends from Abacus Group Holdings Limited, Abacus Group Projects Limited and Abacus Storage Operations Limited.
You can choose to have you distributions:
- paid directly into your nominated bank account; or
- reinvested in additional securities via the Distribution Reinvestment Plan here.
The Distribution Reinvestment Plan (DRP) is a convenient way to increase your holding in Abacus Group securities without incurring brokerage.
For participants, distributions are converted into new securities at the relevant DRP issue price. There is currently a zero percent discount applied to the DRP issue price.
To participate in the DRP click here.
To vary or terminate your DRP participation, please visit our registry Investor login here or call 1300 767 760
Record of Distributions and
Abacus Groups financial year end is 30 June, at which time the components of the distribution are determined. Annual tax statements are mailed to investors who received distributions, in August each year.
A copy of your annual tax statement can be downloaded online by using the Investor login here.
Securityholders who are not Australian residents for Australian tax purposes should seek their own investment and taxation advice.
For a record of tax component information for previous financial years and estimates of tax components for the current financial year click here.
Half year tax components are estimates only. The final taxation components of the current year distributions will be shown on your Annual Tax Statement which will be issued by the end of August.
The annual tax statement summarizes the distributions and dividends paid during the year and includes information required to complete your annual tax return.
You can download a copy of your tax statement using the Investor login here.
Abacus Group is NOT a managed investment trust (MIT) and payments made under discounted capital gains relate to assets that are taxable Australian real property (TARP) within the meaning of s855-15 of the Income Tax Assessment Act 1997 (Cth) except where otherwise indicated.
Abacus Group securities are stapled securities. For capital gains tax purposes (CGT), investors who sell Abacus Group securities will need to apportion the cost of each security and the consideration received on disposal of each security between the units in the trusts and the shares in the companies.
To assist investors in calculating their CGT position, information is provided here on the apportionment of the security price between the trusts and the companies.
For further information on the CGT consequence of disposal of stapled securities investor should seek their own investment and taxation advice.
Provision of your Tax File Number (TFN) or Australian Business Number (ABN) is not compulsory. However, if a TFN/ABN is not provided, we are required to deduct tax at the highest marginal tax rate plus Medicare levy from all distributions paid.
You can provide you TFN/ABN by contacting our registry on 1300 767 760 or via the Investor login here.