The following videos, which deal with Division 7A matters, have been developed by the ATO in response to feedback from tax professionals received during webinars that it hosted over 2016. Need help with Division 7A?
Division 7A may apply when payments or loans are provided by a private company to a shareholder or their associate.
The resulting videos were produced with an aim to help practitioners manage their clients’ Division 7A matters.
Common mistakes Assistant Commissioner Fiona Dillon discusses common Division 7A mistakes that can be avoided by keeping your clients’ personal and company finances separate (4.30 minutes).
Payments What a “payment” is, and how it is treated under Division 7A (5.45 minutes).
Complying loans Assistant Commissioner Fiona Dillon discusses complying loans under Division 7A (6 minutes).
Commissioner’s discretion If your client makes an honest mistake or inadvertent omission related to Division 7A, you should encourage them to apply for the Commissioner’s discretion (7.30 minutes).
To access the ATO’s Division 7A calculator and decision tool, click here.
The following videos, which deal with Division 7A matters, have been developed by the ATO in response to feedback from tax professionals received during webinars that it hosted over 2016. Need help with Division 7A?
Division 7A may apply when payments or loans are provided by a private company to a shareholder or their associate.
The resulting videos were produced with an aim to help practitioners manage their clients’ Division 7A matters.
The following videos, which deal with Division 7A matters, have been developed by the ATO in response to feedback from tax professionals received during webinars that it hosted over 2016. Need help with Division 7A?
Division 7A may apply when payments or loans are provided by a private company to a shareholder or their associate.
The resulting videos were produced with an aim to help practitioners manage their clients’ Division 7A matters.
# [div 7a], [division 7A], [loans], [payments]
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