div 7a loan agreement

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19/05/2018

Family Court v’s Child Loan Agreement.

Family Court v's Child Loan Agreement Does your Loan Agreement stand the test? Rowntree v FCT [2018] FCA 182 states that only a legally prepared Loan Agreement completely satisfies the Family Court. This is for a loan from a parent to a divorcing child. We love our children. We give them money. We […]
27/03/2018

ATO says ‘loans’ from company were not loans

ATO successfully penalises professional for no Loan Agreement Rowntree v FCT [2018] FCA 182 shows that only a legally prepared Loan Agreement satisfies the ATO for related-party loans. In this case, Justice Raes stated: 'Bruce Rowntree was an experienced lawyer with extensive academic qualifications in law, finance and taxation. Despite having this impressive […]