Division 7A Miscellaneous 2022

Division 7A - Keeping it tidy

Published Date: 19 May 2022


Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Already a Subscriber? Login now

This paper covers what action and documentation is necessary, and when this documentation and action are required to ensure that you have managed to keep Division 7A at bay.

This paper addresses the key issues of:

  • These wretched old UPEs - are they debt? Do Unpaid Present Entitlements (UPEs) "morph" into debt? Can UPEs be tidied up? What if the trust has run out of assets?
  • Timing of recording of dividends
  • Dealing with journal entries
  • What about old loans, that old chestnut?


The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))


The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.


Division 7A Miscellaneous 2022

Share this page