Australia
Federal Budget March 2022-23: Its impact on medical professionals

By Belinda Hudson on 18/04/18 - Mins to read: 3 minutes

Josh Frydenberg’s 2022 - 2023 Federal Budget was announced recently, with few surprises and a raft of initiatives of which many had been announced.  While last year we saw the Government splashing cash around to stimulate the economy, this year they played it a lot safer and focussed on some...
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Payroll tax: How practices are chosen for review

By Paul Copeland on 18/04/18 - Mins to read: 3 minutes

This article was first published on The Medical Republic on 15 March 2022. Be alert, but maybe not as alarmed. There are steps you can take to lower your risk of an audit and limit your exposure. Medical practices are once again being reminded to take their payroll tax obligations...
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Federal Budget 2022-23 | 5 key take-outs for SMEs

By on 18/04/18 - Mins to read: 3 minutes

1. Utilise incentives to upskill your workforce Can you use the skills and training boost for financial support to upskill your workforce? SME businesses will get an additional 20% deduction for the cost of external training courses provided to employees. There is no cap, but...
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Exit smart by using a solvent winding up

By Sean Wengel on 18/04/18 - Mins to read: 3 minutes

When a company’s life cycle has run its course and the corporate entity is no longer required, directors and shareholders must decide how to put the entity to rest. This decision can have a significant impact on the costs incurred to close a company and the tax paid by shareholders...
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