Join us for the second episode featuring our special guest, Duncan Perkins, from Tax Time! This insightful discussion dives deep into the complexities of Division 7A loans (what are those!?) and directors' loans, offering valuable advice for business owners and their advisors. Key Points:
- Understanding Division 7A: Duncan explains the basics of Division 7A and its implications for directors' loans.
- Common Pitfalls: Learn about the frequent mistakes business owners make with directors' loans and how to avoid them.
- Tax Implications: Discover the tax consequences of mismanaging company funds and how to stay compliant.
- Practical Advice: Get actionable tips on managing company finances effectively.
- Real-Life Examples: Hear real stories of businesses navigating these challenges and the lessons learned.
Don't miss out on this entertaining and informative discussion. Tune in and encourage those in your network to listen in.
