Home Forums Money matters Directors Loan When to settle

  • This topic is empty.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #1000203
    danSMA
    Member
    • Total posts: 9

    Hi All,

    Just a quick question. If a director of a company has drawn company money and has a directors loan account unsettled, should he settle it before 30th of June or before the actual lodgement date to avoid Div 7 and un-franked deemed dividends?

    Thanks everyone for the awesome support.

    #1223379
    Paul – FS Concierge
    Keymaster
    • Total posts: 3,175

    I moved your thread to the Money Matter section.

    Hopefully some helpful members will be along soon with some advice to point you in the right direction.

    Cheers

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.