2015 New Employee v Contractor Tax Audits!

The day’s of a “Gentlemen’s agreement” (i.e. hand shake agreements not putting agreements into writing) are over….! It is time to finally take control and eat well and sleep well to this recurring problem! We are aware of practices that have been recently hit with payroll and contractor audits. This is a new warning bulletin […]

New Tax Office Warning – your practice could be facing a double risk?!

Breaking news : Watch out doctors ATO takes aim! I raised this news story with the Medical Observer last week and it made the headlines see: http://www.medicalobserver.com.au/news/frypan-to-fire-tax-traps-for-gps and http://www.medicalobserver.com.au/news/watch-out-docs-ato-takes-aim. Unfortunately, if your doctors or practitioners are affected by the recent Federal Tax Office announcement then your practice may be simultaneously exposed to a significant payroll tax […]

Overtime is not a badge of honour: it is a warning sign!- Part One

Overtime is not a badge of honour: It is a warning sign! This is Part One of the article Overtime is not a badge of honour: it is a warning sign! This article was first published by the Medical Republic on 15th June 2021. Overtime and staff burnout is your greatest challenge and opportunity. Three […]

Want a higher “Red Book friendly” pathology rent?: How you go about it matters!

Want a higher “Red Book friendly” pathology rent?: How you go about it matters! This article was first published by the Medical Republic on 20th April 2021. Editor update: 27th June 2021 In the original article below we highlighted the need for an independent valuation by an industry expert with experience in valuing pathology collection […]

How much is my practice worth?

This article has been published in the Medical Republic 9/3/2021 – Find article here I have been asked this question more times than I have had hot dinners.  This has increased in recent times given GP practice acquisition race is on again and eye watering prices are being paid! ! If you own a General Practice […]

ATO raises the bar on income splitting and related entities

This article has been published in the Medical Republic on 9/3/2021 – Find article here   Doctors and practices that use medical practice companies and trusts to bill their patients predominantly for labour services to reduce their tax are likely to be impacted by a new ATO ruling that starts later this year. Commencing 1st […]

Health and Life Package Pricing

Our standard Packages Specialised Products & Services Personal Financial Needs & Specialist Services Our Standard Packages Financial Outsourcing (including bookkeeping) Packages 1Quarterly Reviews from $105.00per week per entity This package is for those who want to keep track of their own debtors & creditors but need a helping hand to manage their basic bookkeeping and […]

1st July 2020 1.75% Award pay rise or freeze?

Think carefully Did you know that on the 1st July 2020 your staff may be legally entitled up to a 1.75 % pay rise? Just ensure you have carefully considered the future of the practice. Then make sure you have a current agreement with your amazing staff in writing. You cannot afford to make an irreversible strategic […]

Doctors Pay (Service Fee) Calculator™

We use evidence-based practice management We use a wide-range of proven holistic tools Introducing our unique Doctor’s Pay (Service fee) Calculator A software program that integrates into your accounting and legal compliance system. Need a checklist on how to remain Payroll Tax and Medicare compliant? Click here for more information. Exclusive fee calculator software This […]

Services – Peace Of Mind Solutions

OUR SERVICES and PRODUCTS Here’s what we can offer you Unique Live Monthly Practice Benchmarking Claim your time back and focus on running your practice. You need to focus on what you are good at. With increasing automated tax office audits bookkeeping is getting complicate with our Unique National Practice Benchmarking with over 1,200 Practices […]