20/06/2025
πΌ Own a Business With Your Ex? Watch Out for Division 7A.
If you or your ex own a private company, those "loans" between you and the company might not be just numbers on a balance sheet - they could have serious tax consequences during your family law property settlement.
This is because of something called Division 7A, a tax law designed to prevent company owners from avoiding tax by taking money out as loans instead of wages or dividends.
π One of our articles explains:
What Division 7A means for separating couples
Why it affects family law settlements
How to protect yourself from unexpected tax bills
π Read it here: https://www.cominosfamilylawyers.com.au/division-7a-loans-and-family-law/
π Need tailored advice? Call 02 8999 1800 or email [email protected]
Divorce & family lawyer