Do You Know if You Withdraw Money From Your COMPANY Bank Account and Didn't Pay It Back ...
Published by: Admin
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Published on: 13th Apr 2026
1. Avoid paying private expenses from a company bank account
2. Repay the amount to company by the lodgement due date of the company tax return
3. Create a commercial Div 7A loan agreement so that the loan is not treated as unfranked dividend
4. Declare franked dividends to meet minimum repayment requirement, before end of financial year
5. The current benchmark interest rate for Div 7A loan is 8.27% per annum
Contact TAX RIZZ 
to know more and guide you through complex Div 7A implications at E: admin@taxrizz.com.au; Ph: (03) 8789 9786
