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Courses/Law/Tax Law

Division 7A Compliance Updates 2024

Essential Strategies for Navigating Division 7A: Loans, Dividends, and Tax Compliance for Australian Businesses

Created bySkott Bentley
4.8
(125 reviews)
BeginnerUpdated Aug 8, 2024
Division 7A Compliance Updates 2024

What You'll Learn

check_circleUnderstand the key provisions of Division 7A and their implications for Australian businesses.
check_circleIdentify the differences between Division 7A loans and deemed dividends and their tax treatments.
check_circleDevelop strategies to ensure compliance with Division 7A while optimizing tax outcomes.
check_circleManage loan payments and debts under Division 7A to minimize tax liabilities.
check_circleImplement effective internal controls and record-keeping practices to mitigate compliance risks.
check_circleStay updated with recent developments and ATO guidance related to Division 7A compliance.

About This Course

This comprehensive course covers the latest updates and strategies for ensuring compliance with Division 7A of the Income Tax Assessment Act 1936. Participants will gain insights into the key provisions of Division 7A, its significance for Australian businesses, and practical strategies for managing loans, dividends, and other transactions to optimize tax outcomes.

The course also addresses common compliance risks and provides guidance on effective record-keeping and internal controls. Ideal for tax professionals, accountants, and business owners, this course equips participants with the knowledge needed to navigate complex tax scenarios and maintain compliance with ATO regulations.

Topics List:

  • Key Provisions of Division 7A
  • Differences Between Division 7A Loans and Deemed Dividends
  • Strategies for Compliance and Tax Optimization
  • Managing Loan Payments and Debts
  • Common Compliance Risks and How to Mitigate Them
  • Recent Developments and Updates in Division 7A

Your Instructors

Skott Bentley
Skott Bentley

Podcast Host | LearnFormula

menu_book9 courses
star917 reviews

Consultant with vast understanding and knowledge of the built environment and the Infrastructure realm, within London and the South. I focus on helping Civil Engineering Consultancies grow their business together by attracting and assessing highly sought-after talent which we engage through the power of direct video marketing and social content.

Rory  O'Brien
Rory O'Brien

Tax Consultant at Nexia Canberra

Rory joined Nexia after gaining extensive experience as a tax adviser in both accounting and law firms. Rory has an Arts/Law degree with first-class honours in law, and a Graduate Diploma in Legal Practice, both from the Australian National University. Rory is admitted as a legal practitioner in the Supreme Courts of both the Australian Capital Territory, and New South Wales. Rory brings both tax technical expertise and commercial awareness to the solving of clients’ tax problems, having assisted companies both large and small as well as high net worth family groups over the course of his career. Rory is an expert in the tax consolidations regime, together with the structuring of business transactions in order to obtain the best possible results for clients, and has a keen interest in any tax issues that are particularly difficult or unusual. Skills - Tax consolidations regime - Structuring of business transactions Qualifications - Bachelor of Arts/Bachelor of Laws, Australian National University - Graduate Diploma in Legal Practice, Australian National University

Credit Information

What Students Are Saying

4.8
Student's Choice
125 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.