The ATO has released further guidance and examples on when Division 7A loan repayments are not taken into account when working out:
The minimum yearly repaymentHow much of the loan has...Read MoreRead More
The ATO has issued Taxation Ruling TR 2022/3, Compendium on Personal Services Income (PSI) and related web guidance and how they apply to an individual or entity. The PSI rules are des...Read MoreRead More