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kind1(Initiate)Initiate
22 Aug 2024

Do Company ("at call") loan repayments to Company director for repayment of a ("at call") loan from Company director to a Company contribute directly toward "Payments to associated persons" on a Company tax return?

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154 views
1 replies

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TamaraATO(Community Support)Community Support
26 Aug 2024

HI @kind1,


No, it shouldn't.


We've answered a similar question to this in a prior post.


Only interest earnt from the loan would be a contributing factor. 💲

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Do Company loan repayments to director contribute directly to "Payments to associated persons"? | ATO Community