Working from home? You’re now eligible for a new 80 cents per hour tax shortcut. The ATO has announced new rules which will make it easier for Australians to work from home during the Coronavirus lockdown. The new “Shortcut Method” allows people to claim 80 cents per hour,...
The Government has announced its economic response to the Coronavirus in the form of a $17.6 billion economic stimulus package. The package has been marketed as a measure to protect the economy by maintaining confidence, supporting investment and keeping people in their jobs. The Key Tax...
Tax planning should be an on-going process whereby commercial issues and developments are constantly monitored and the implications of income and other tax practices considered. Tax planning is a legitimate activity and occurs constantly throughout a GP’s career. For example, we encourage GPs to pay large...
Superannuation really is super. Super lets you pay less tax and boost your retirement savings, all in one go, with the help of salary sacrifice. ...
Are you a medical, dental or allied health practice engaging other practitioners on a service arrangement? If so, it is important you document the method of engagement properly and consider the manner in which you conduct day to day operations of the clinic and its...