Clarity & Strategy:
Insights for Medical Professionals
ATO scrutiny of family trust arrangements
On 23 February 2022, the ATO issued multiple draft guidance documents relating to trust arrangements that may be caught by anti-avoidance trust tax laws.
Surgery suspension and your PAYG tax instalments
The latest iteration of covid related disruptions results in the postponement of all non-urgent elective surgeries until March 1. As a medical specialist who relies on procedural work, your revenue will drop between 10% to 20% for the current financial year.