Taxation

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,...

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...