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Key Provisions of Section 109N: Written Agreement: The loan must be documented in a written agreement before the lodgement day for the company’s tax return in the year the loan is made. Benchmark Interest Rate: The interest rate on the loan must be equal to or greater than the “benchmark interest rate” for that year, […]

What if the borrower is in a failing relationship? Could the dreaded sister in law actually get half the money and not have to pay it back? Whatever the circumstances there are few things more distressing than having a valued friendship go sour or a rift open up with family over money. Put it in […]

What if the borrower is in a failing relationship? Could the dreaded sister in law actually get half the money and not have to pay it back? Whatever the circumstances there are few things more distressing than having a valued friendship go sour or a rift open up with family over money. Put it in […]

Your professionally drafted, easy to use Indemnity Agreement is available for immediate download. The document comes to you as a Microsoft Word template that can be used as often as you like. Simply insert the correct information in the appropriate field and tab to the next. Now print your professional and legally binding agreement! This […]

When can it be used? An unsecured loan agreement can be used where a loan is made to: your adult children, or other family members; friends where no security is being taken; employees, colleagues or business partners; a shareholder to the company; your business or company. When it cannot be used This document cannot be […]

Documenting the loan agreement will help you avoid misunderstandings, eliminate doubt and provide a backup plan should things go awry. Our Loan secured by Mortgage agreement template clearly sets out The amount and term of the loan A repayment schedule And what should happen if the borrower fails to make repayments on time. What is […]

How do you implement a loan agreement? The best way to avoid a Division 7A dividend is to create loan agreements before lending to associates. To implement a loan agreement: 1. Put the loan in writing before the company’s lodgement date. (Lodgement date is the date on which the company tax return is lodged, or the due […]

When to Use this Agreement Implementing the Associate Lease allows the arrangement to be recognised by the tax office as an employer-provided benefit under the Fringe Benefits and Income Tax Assessment Acts. Your professionally drafted, easy to use associate lease agreement is available for immediate download. The document comes to you as a Microsoft Word […]

This document is currently under revision – to check its progress please contact us. You can use the Unsecured Loan Agreement.