Since early 2023 there have been many updates regarding payroll tax rulings as well as the introduction of amnesties and other measures that aim to clarify payroll issues in the healthcare sector. There has been a certain degree of uncertainty and debate surrounding arrangements between healthcare professionals and medical centres and recent court decisions have only increased this uncertainty.
In this podcast, tax accountant Vladimir Khokhlov addresses these topics to give you the information you need. Vladimir specialises in compliance and taxation issues in private practice, including income tax planning, GST and BAS, capital gains and income tax issues associated with investing in property and financial markets.
Vladimir will answer these important questions, including:
- Why are state revenue authorities showing increased interest in this area?
- How do state revenue authorities select practices for compliance reviews or audits?
- What are the potential consequences for practices that are found to be non-compliant with payroll tax obligations?
- How can practices mitigate the risks of payroll tax liability and what are some preventative actions they can take?
If you’d like more information on this topic, check out What you need to know about the payroll tax updates or book a no-obligation initial consultation with a DPM tax specialist.
DPM hopes you enjoy this podcast but please remember that the information discussed here is of a general nature and is not intended to serve as personal advice as it does not consider your personal circumstances. DPM Financial Services recommends you obtain medical financial advice concerning specific matters before making a decision.