Home – New Forums Money matters Risky Money Transfer – Company Account to personal account Reply To: Risky Money Transfer – Company Account to personal account

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Precise Tax Solutions
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I’ve seen far worse than what you’re proposing Alex!

As long as you repay the money back to the company prior to lodgement of the company tax return (or turn it into an interest bearing loan), there should be no issues (if you’re interested, read up on Division 7A).

Cheers