Do you advise business owners on Division 7A issues? Stay ahead of ATO compliance risks by understanding how unpaid present entitlements, company loans, and deemed dividends could impact your clients — and how to protect them from costly tax penalties.

In Part 1 of this two-part series, host Andrew sits down with Archana Manapakkam, Special Counsel in Tax Law, to break down:

• What Division 7A is and why it matters for private companies?

• Common mistakes business owners make when withdrawing company funds

• How the ATO classifies loans as deemed dividends (and what that means for tax bills)

• The risks of using company assets for personal use

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