With the recent views of the ATO in relation to Division 7A and the use of corporate beneficiaries this area is becoming even more of a minefield for
advisors when dealing with small to medium clients. This paper covers the practical issues arising from the recent changes including:
- present and future challenges
- corporate UPEs & trust chains
- issues associated with treating company UPEs as Division 7A loans
- monitoring corporate UPEs & trust chains
- use of 25 year loans vs. 7 year loans.