Cracking Division 7A: how to access company profits without triggering a tax bomb

Cracking Division 7A: how to access company profits without triggering a tax bomb

Does this sound like you? You run a successful family-owned business through a private company. Over the years, your company has accumulated profits that could help fund personal investments or assist family members. Like many SME owners, you see no harm in accessing these profits informally. After all, it’s your business, right?