Westcourt

Fixing tax mistakes with private company loans (Div 7a)

If you run a small to medium business through a company you are likely enjoying a lower tax rate.  The company tax rate is currently at 25% for a trading business (<$50m) which compares well to the individual highest tax rate of 47%. The tax rate differential is an incentive for many Perth based small… Continue reading Fixing tax mistakes with private company loans (Div 7a)

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