Payroll Tax Developments for Dental and Medical Practices
This article will provide clarity and broad considerations for business owners in the dental and medical fields across Australia regarding the recent payroll tax happenings.
Employee vs contractor - the ATO's risk ratings
The Australian Taxation Office released a draft Practical Compliance Guideline (PCG) 2022/D5 which sets out their compliance approach for businesses that engage workers and classify them as employees or contractors. In 2022, the High Court handed down two decisions that impact how businesses distinguish between employment and contractor relationships.
Medical Practices and Payroll Tax - a rapidly evolving issue
A recent payroll tax case heard in New South Wales has confirmed growing concerns that other states will begin treating medical professionals under a service agreement as employees for payroll tax purposes. While we understand that the case is being appealed, it is a wake-up call for all medical practices to review their agreements to reduce the potential for payroll tax assessments, which can go back many years.