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Division 7A advice for clients ‘currently next to impossible’

The government has been called to clarify its position on the proposed changes to Division 7A ahead of the looming 1 July 2020 start date.

Division 7A advice for clients ‘currently next to impossible’
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  • Shared by Accountants Daily
  • January 20, 2020
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In the federal budget last year, the government announced that the start date for amendments to Division 7A would be deferred to 1 July 2020, accepting that more time was required to consult on the complexity of the proposed changes.

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