The ATO released Draft PCG 2021/D2 Allocation of Professional Firm Profits, which explains how the ATO intends to apply compliance resources when considering the profit allocation of professional firms.

If you are buying an investment property, should you have it in your own name or in a family trust? Each of these ownership structure options has advantages and disadvantages.

We have summarised key changes that need to be taken into consideration for tax planning for doctors, dentists and other health professionals in 2021.

Service Agreements for medical and dental practitioners came under a spotlight following court decision in Moffet v Dental Corporation. A contractor dentist was found to be an an employee under the superannuation law.

Getting the right equipment is essential for your medical or dental practice. Equipment finance options include buying, leasing and hire-purchase.

If you are buying or selling your medical practice, the price may be allocated across capital and revenue assets. Capital vs revenue distinction is important as it affects tax treatment.