Deemed Dividends

 

Distributable Surplus

 

Div 7A Loans

 

Loan Agreements


Div 7A Interest Rates

 

 

 

Div 7A Benchmark Interest Rates

 

The Division 7A Benchmark rates are set every year by the Commissioner in line with official interest rates.

 

Year Benchmark Rate
Year Ended 2001-02 6.8%
Year Ended 2002-03 6.3%
Year Ended 2003-04 6.55%
Year Ended 2004-05 7.05%
Year Ended 2005-06 7.3%
Year Ended 2006-07 7.55%
Year Ended 2007-08 8.05%

 

Loan agreements should not specify a rate, only refer to a rate set by the Commissioner.

The information contained in this website is intended only as a guide, and should not be relied on to prepare a tax returns in accordance with Australian taxation law. It is recommended that professional advice is sought by a registered tax agent. The publishers accept no responsibility for errors, omissions or any damages caused by the improper use of this guide. Site maintained by Cremorne Partners.