Common types of income misreported or overlooked include Cryptocurrency Gains, Scholarships, Personal Service Income, Assessable Industry and Government Payments, Capital Gains.

Doctors incur a substantial amount of tax deductible expenses, some of which often get overlooked. We have summarised the top 10 most commonly forgotten tax deductions for doctors.

As the major tax deadline is approaching, there are a few important things that some taxpayers need to do before their tax return is due.

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.