Practical tips, insights and articles to help you on your journey to financial freedom

Keeping Ahead of the Virus

We are all being impacted by the new corona virus known as COVID-19 and I’m sure we are coming to realize…

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Division 7A Mess Up Series - Part Four: Underpayment or Nonpayment of Subtrust & Division 7A Interest - Wrong Dates, Interest Rates & Fake Payouts

One of the big ones when it comes to Division 7A Mess Ups is underpayment or nonpayment of interest.

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Division 7A Mess Up Series - Part Three: Division 7A and Private Use of Property & Luxury Goods

Division 7A has all sorts of ways of being triggered and one of the ways is the private use of property…

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Division 7A Mess Up Series - Part Two: The All-Too-Often Overlooked Hurdle with Division 7A Sub-trusts

Over the last decade accountants on behalf of their clients have had to deal with the UPE issue.

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Division 7A Mess Up Series - Part One: Don’t touch those pre-09 UPEs or pre-97 Loans & the Debt Forgiveness Error

As a brief preamble, a loan a company made to shareholders or associates before 4 December 1997 (“pre-97…

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Division 7A Mess Up Series - Introduction

In recent months we’ve had several people approach us for help with Division 7A due to errors made by…

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