This article will teach you about processing Listed Investment Company (LIC) deductions in Class including:
Overview
LIC deductions are not automatically populated in Class through Business Events as they are not available via data feeds. The purpose of this page is to help you identify which ASX securities may have an LIC deduction by financial year along with the estimated per security deduction which varies depending on the entity type.
How to Process LICs in Class
Navigate to Fund Level > Transactions > Browse Events > select a Dividend Event > Edit
- Enter the amount of LIC deduction for each dividend
Estimated LIC Deductions by Financial Year
This information is provided to assist in preparing compliance obligations for entities and whilst care has been taken in populating this list, Class cannot guarantee the accuracy of the per security LIC deduction. You are encouraged to cross-check these estimates with dividend statements for accuracy.
| Financial Year | Article Link |
| 2024 | LIC Deductions FY2024 |
| 2023 | LIC Deductions FY2023 |
What's Next?
Learn how to process LIC deductions for One Line Wraps in Class