TAX DEDUCTIONS FOR DOCTORS

TAX DEDUCTIONS FOR DOCTORS

Tax Deductions For Medical Professionals The tax environment for all professional practices including medical practices can be complicated. Tax deductions generally are expenses directly incurred to earn income or run a business. They can’t be Capital, Private or...
Business Structures

Business Structures

Business Structures When considering going into a new business, buying an existing business or buying into an existing business, the business structure and the business investment structure is critical. This will determine asset protection and tax liabilities. Types...
Capital Gains Tax Australia CGT

Capital Gains Tax Australia CGT

Capital gains tax rate Australia Please note this is general advice only and cannot be acted on without seeking professional advice. Capital Gains Tax in Australia isn’t a separate tax like some think it is. It’s actually part of the general taxation system, just with...
What is Fringe Benefits Tax – FBT

What is Fringe Benefits Tax – FBT

Fringe benefits tax definition Fringe benefits tax (FBT) is tax levied on employers based on the value of extra payments or benefits provided by employers to employees and their associates over and above wages and superannuation payments. The fringe benefits tax...