Division 7A Loan Agreement: What Business Owners Must Know in 2025
Most business owners don’t realize that taking money from their company without proper paperwork could cost them dearly. The numbers tell a stark story: shareholders face personal tax rates up to 47.5% when extracting company profits incorrectly, versus the standard company tax rate of just 25 or 30%. That’s a whopping 17.5% tax hit straight […]
