Growing Your Accounting Practice by Nexia Australia

Episode 2: The latest tax regulations: the one mistake most small businesses make with their profit distribution


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Join us for our second podcast episode where our host Andrew Ford interviews the Managing Partner of Nexia Melbourne, Paul Dal Bosco.

In this episode we discuss the Self-Managed Super Fund (SMSF), and upcoming legislation changes.

Paul explains the changes coming to the often-overlooked Division 7A. A Division 7A is created when a company has loaned money to a trust or individual. Paul explains the challenges that tend to come with these loans in the context of the changes and offers some advice of how accountants can approach this.

Paul has over 30 years of experience within taxation which he has gained from both the Australian Taxation Office as well as facets of industry.

If you would like to provide feedback on this episode, or have any questions for Paul, please feel welcome to reach out below:

LinkedIn: https://www.linkedin.com/in/pauldalbosco

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Growing Your Accounting Practice by Nexia AustraliaBy Nexia Australia