After completing this course (watching this video, and reading the accompanying material) you will be able to:

1. Explain the key concepts applying to the deductibility of interest expenses generally
2. Recognise that the principles applying to the deductibility of interest generally are the same principles applying to the deductibility of interest paid on a shareholder debit loan under a complying Div 7A agreement
3. Determine the deductibility of Div 7A interest incurred by a particular taxpayer