Search results

:D Yes Rob - I didn't want to go there when I drew the FBT card. I was thinking you may be the one to post that if I played the FBT card. That's why I said may. But the OP did ask about a Director loan which is often one of employment. FBT can also extend to third parties etc FBT and Div7A are...

And then there may be a FBT issue unless the minimum statutory rate of interest is paid. So the zero rated loan may be subject to FBT where a 7% loan is not.