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Create your Loan Agreement online in under 10 minutes.
Quickly and easily create a compliant Division 7a Loan Agreement online.
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Straight forward, clear and comprehensive |
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Save your agreement at any time |
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High quality, plain english documents. |
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Learn more about...
What it costs What you get What you'll need
What is a Division 7a Loan Agreement?
If you borrow money from your company for your personal use, it could be treated as an unfranked dividend. That money could be treated as your income in the income year that the loan is made and and you may have to pay tax on it.
One solution is to document the loan with a Division 7a Loan Agreement. A Division 7a Loan Agreement can cover loans made by the company to shareholders of the company or to an associate of a shareholder (associate as defined by Division 7a of the Income Tax Assessment Act 1936.
The Loan Agreement must be in place before the earlier of the company's annual lodgement date or the date that the company actually lodges their annual return.
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What does it cost?
$60
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What information do I need? Details of the loan (date & jurisdiction), details of the lender and of the borrower. |
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What will I receive? Loan Agreement, Minutes of Meeting |
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Ready to get started? Click below to begin the process! |
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Who's behind our documents?
Leading law firm Norman Waterhouse Lawyers have prepared all of our master documentation.
Compleo is not a law firm. We cannot give legal advice or provide legal services. Any information provided in relation to our products is information of a general nature only. Using the products may affect your legal rights and professional advice must be obtained.
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