Not another Division 7A paper… Yes, but keep reading as I believe we have become lazy in how we manage our private company loans, and I think you might need to tighten up your processes to avoid a risk of large dividends arising.
Section 1 is just a reminder on what can be loans under Div 7A (so feel free to skip it), but sections 2 & 3 and where you might find your journals showing repayments of these loans each year may not actually reflect the fact that no repayment has been made.
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