We are unable to prepare subdivision EA agreements under the wholesale platform due to the changes announced in the 2018 Federal Budget.
In this regard, it was announced that there would be a number of integrity changes introduced, effective 1 July 2019, to clarify and streamline the operation of Division 7A. If passed, the proposed changes would mean (amongst other things) that UPEs are regulated under Division 7A. More information in relation to these changes can be found on the ATO website at this link - https://treasury.gov.au/consultation/c2018-t227294Â
We understand that the most common scenario where an agreement is required is where there is a loan from a family trust to an individual and there is also an existing UPE owed by the trust to a company where the individual borrower is a shareholder/associate.
While we can assist with a strategic subdivision EA advice, a suggested scope of work and fixed pricing would need to be provided once we understood what was required. This said, until the 2018 Federal Budget changes become law, the utility of any strategic advice is likely limited.