More on this here Hi @william hu, the total amount treated as a dividend under division 7a in an income year is limited to the private companys distributable surplus for that year. · hello, i would like some guidance on borrowings by shareholder from company and the effect on dividend (also division 7a). The accountant is a friend of my husbands and is being very obstructive with providing me … To avoid any tax implications, i am looking to make a loan agreement with my own co. , pay interest on the loan amount based on on the ato rate and by paying the loan balance within seven (7) years. Iniciar sesión con tu teléfono: Official youtube help center where you can find tips and tutorials on using youtube and other answers to frequently asked questions. From time to time i noticed that a director (that is also a … Hi @dcm not sure where youre accessing the tool from to check if that link is broken, but i used this link on our division 7a calculator and decision tool page and it worked for me with years up to 2022-2023. Use the left menu to manage your videos and channel. Escanea el código qr o ve a yt. be/activate en tu teléfono, tablet u ordenador y, a continuación, introduce el código que aparece en la pantalla. Is the $100,000 old loan fully paid in february 2024 & the minimum repayment requirement is met? You can find more information about … · repayment - 30-05-2015 $8,000 balance $47,000 there is specific question on ato div 7a calculator enter the sum of the unsecured constituent loans that were made in the 2013-14 income … Use your remote and the on-screen … Get a high-level overview of new activity on your channel, along with whats new on … · hi @lily1232000 were also checking his one too. Sign in with your remote: · div 7a is all about loans/payments from the company to the member - not from member to company. Scan the qr code, or go to yt. be/activate on your phone, tablet, or computer, then enter the code on the screen. · i have not signed a div 7a loan agreement and was not aware that this existed prior to separation. · the client has converted it to 25 year secured division 7a loan in february 2024. Sign in with your phone: Manage your channel sign in to youtube studio. · hi, if the loan is repaid within the same financial year division 7a is not likely to apply, however fbt may still apply if there is no interest or it is lower. Sit tight and well see what we can find out.
