The Australian Taxation Office (ATO) recently issued a notice on minimum yearly repayments on a Division 7A loan to avoid an unfranked dividend.

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Decoding Division 7A – minimum yearly repayments

Avoid unexpected tax consequences by knowing how much to repay on a Division 7A loan.

Published 19 May 2024

Borrowing money from a private company might appear straightforward but it's crucial…

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