Back to Basics on Division 7A: Breaking Down the Distributable Surplus

Unpack the meaning of distributable surplus & its impact on Division 7A, including present legal obligations, dividends and more. In this session, we cover: • The meaning of distributable surplus terms including net assets, present legal obligations, division 7A amounts and non-commercial loans • The Commissioner’s discretion to substitute an amount • Effect of the distributable surplus on dividends ⏰ This session is expected to run for 1 hour. Q&As are welcome during the session. ✅ THIS IS A SUBSCRIBER-ONLY EVENT. Use your Tax Nuggets Academy account email to register, and we'll send you a confirmation email with joining information! ▶️ Replays are available only to VIP and Team subscribers of Tax Nuggets Academy. Tax Nuggets Academy is on a mission to provide pain-free CPD for finance professionals. We produce top-notch live learning experiences and awesome resources to go with them. Never fall asleep in training again!