Division 7A compliance issues in practice: part 1
Published Date: 17 Aug 2026
After 28 years, Div 7A of the Income Tax Assessment Act 1936 continues to trip up taxpayers, their advisers and even the ATO. This article, the first in a two-part series, addresses a selection of Div 7A issues encountered in practice by the authors when engaged by accountants or lawyers to advise them and their clients. In this article, we cover sleeper issues arising when managing unpaid present entitlements where multiple entities are involved, “cleaning up” loans, and implementing employee share schemes. The second article will cover international aspects of Div 7A and the Division’s potential effects on succession planning.
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- Published By: Chris Wookey CTA, Nick Wookey
- Published On:17 Aug 2026
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