Division 7A dividends
Content Summary
These payments or benefits for shareholders or associates can be treated as a dividend for income tax purposes under Division 7A.
Division 7A is part of the Income Tax Assessment Act 1936 and is intended to prevent profits or assets being provided to shareholders or their associates tax free.
CPA Australia has created these resources to help with Division 7 returns for your clients.
ATO resources
The Australian Taxation Office website has a range of resources to help tax agents manage their client obligations in relation to Division 7A.
Discover more
- Taxation
Tax tips for employees and contractors
Our deductions and offsets tips show you how to maximise your refund and reduce your tax liability
- Taxation
Historical year-end tax resources
Resources for tax agents preparing tax returns for Australian clients for financial years before 2020
- Taxation
Tax tips
Are you an employee, contractor, investor, in business or lodging your first tax return? Check out our tax tips for 2021
- Taxation
ATO’s data matching ramps up and focuses on SME reporting
Here’s how to ensure your clients are correctly accounting for their income and use of assets.
article- Taxation
New Zealand’s Inland Revenue targets tax compliance burden
IRD seeks input from tax practitioners and professional bodies as part of its bid to improve service.
article- Taxation
TPB review: What it means for tax practitioners
The final report of the Review of the TPB has many noteworthy recommendations but more consultation is needed on implementation.
article