Tax time 2024: An expert guide to Division 7A

Tax time 2024: An expert guide to Division 7A

Author: CPA Australia June 18, 2024 Duration: 19:16

Division 7A remains a stumbling block for many small business owners when it comes to tax compliance.

In this episode, we take a deep dive into Div 7A to ensure you're fully equipped with the knowledge you need, from understanding how this integrity measure operates to pinpointing where it applies and steering clear of potential pitfalls.

As we gear up for tax time 2024, we also outline the crucial deadlines pertaining to Div 7A that tax advisers and their clients need to have on their radar.

If you're a business owner or an accountant working for an SME, this tax time episode is a must-listen. Tune in now.

  • Host: Gavan Ord, Business Investment and International Lead, Policy and Advocacy, CPA Australia
  • Guest: Anthony Marvello, Assistant Commissioner with the Australian Taxation Office (ATO)

For added guidance related to this episode, these ATO links will help you:

Additionally, CPA Australia has tools and resources to help support you at tax time. 

The four-part Tax Time 2024 series is a special feature in June on the With Interest channel. You can listen to other Tax Time 2024 episodes at the series page.

You can also listen to previous episodes in this series on CPA Australia's YouTube channel.

CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:

Search for them in your podcast platform.

Email the podcast team at podcasts@cpaaustralia.com.au


Tune in to With Interest for a clear-eyed look at the forces shaping the world of business and finance. Presented by CPA Australia, this weekly discussion moves beyond the headlines to explore the practical implications of change for accounting professionals, business leaders, and anyone with a stake in the economic landscape. You’ll hear from practitioners and experts who break down complex topics in auditing, taxation, and corporate strategy into actionable insights. The conversations in this podcast are grounded in real-world application, whether the subject is a shift in regulatory frameworks, emerging leadership challenges, or broader economic trends. It’s a resource designed to inform your decisions and deepen your understanding of the professional landscape. For those looking to stay current and think critically about their work, With Interest provides a reliable and engaging audio companion. Each episode serves as a timely update and a catalyst for deeper professional reflection, all delivered with the authority and depth you would expect from CPA Australia.
Author: Language: English Episodes: 90

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