Published on 27 Jun 13
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
You may have a client whose Div 7A (private company or UPE) issues have been ignored, or a new client who has come to you and, on reviewing their accounts, you recognise that there are Div 7A issues. Where do you start? Do you approach the ATO to see if they will disregard the deemed dividends? This paper works through how you would go about working through the Div 7A issues that may arise, and provide practical tips on what you need to consider.
Andrew is a partner in the Sydney law firm Brown Wright Stein Lawyers. His clients are accountants and lawyers in public practice that require advice on tax issues impacting on their clients. Andrew specialises in tax issues common to the SME and high wealth individual sectors.
- Current at
23 September 2019