Medical Blog
Remain up to date with the latest industry specific news, advice and updates
April 2019
With an election in May; we've compared the proposed taxation and superannuation policies from both Liberal and Labor parties, and what the looming federal election outcome may mean for the future.
April 2019
Tax is one of the largest expenses you have, so it makes sense to be smart about tax and not pay any more than you need to. Here are our tips to help you get on top of tax before it gets on top of you!
April 2019
Did you know that practice owners may be liable for Medicare debts owed by doctors within your practice, under the new debt recovery scheme?
April 2019
Important factors to consider in your agreements:
April 2019
In our last edition we outlined what Single Touch Payroll (STP) is. Since then, further guidance has been released by the Australian Taxation Office.
March 2019
Whether it’s Christmas parties, EOFY celebrations or any events in-between a little bit of planning now could save you from a rude shock come FBT and tax time.
February 2019
A lot of employers are not aware of the pitfalls when it comes to hiring ‘casual’ employees, thinking this would be less risky or more flexible for their practice than permanent employment.
February 2019
Single Touch Payroll or (STP) is a way of sending your employees' salaries and wages, allowances, pay as you go (PAYG) withholding and superannuation information to the ATO from your payroll software every time you pay your employees.
February 2019
Lately state revenue authorities have increased their focus on medical and allied health practices. Their focus has been on reviewing whether payments to professionals are “deemed wages” and therefore subject to payroll tax. Could your practice structure make you liable for the additional tax liability?
September 2018
All businesses and not-for-profit organisations with an annual turnover of more than $3 million, including private sector health service providers, with an annual turnover of $3 million or less, are required from 28 February 2018 to report any “eligible data breaches” to the Office of the Australian Information Commissioner (OAIC) and any affected, at-risk individuals.