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You are one of the few who abides by the rules. I refer to those who do not abide by the Division 7A loan agreement rules and simply ignore lodgement of their company returns for a number of years whilst lodging individual returns. You'd be suprised how many do it.

There is a shocking loophole at present that has been going on for some time involving family tax benefit. It involves small business owners (mum and dad owners) living off their company or trust money. Instead of taking wages like normal people do, they take the money as a loan from the company...