AGPA Webinar: Payroll Tax - Another View
Location
Online event access details will be provided by the event organiser
About
Speakers
Paul Copeland, Director William Buck
Ben Ryan, Senior Associate, Avant Law
State Payroll Tax is threatening to become a major threat to the viability of General Practices in many Australian States.
Victoria, NSW, Queensland and South Australia are all applying precedents which allow them to charge payroll tax on medical professional fees paid to independent GPs under conventional General Practice structures.
Queensland and South Australia have both announced moratoriums on the application of payroll tax rulings but will eventually apply the precedents.
Practices are faced with either charging patient levies to cover the tax, or restructuring so that the tax provisions do not apply. The risks with restructuring are significant with potential changes to financial management practice and to the relationships within the Practice.
The speakers will discuss approaches which reduce PRT exposure risk while maintaining key functionality.
Paul Copeland, Director William Buck
Ben Ryan, Senior Associate, Avant Law
State Payroll Tax is threatening to become a major threat to the viability of General Practices in many Australian States.
Victoria, NSW, Queensland and South Australia are all applying precedents which allow them to charge payroll tax on medical professional fees paid to independent GPs under conventional General Practice structures.
Queensland and South Australia have both announced moratoriums on the application of payroll tax rulings but will eventually apply the precedents.
Practices are faced with either charging patient levies to cover the tax, or restructuring so that the tax provisions do not apply. The risks with restructuring are significant with potential changes to financial management practice and to the relationships within the Practice.
The speakers will discuss approaches which reduce PRT exposure risk while maintaining key functionality.
