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Alert – Payroll Tax Update for Medical Practitioners

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Since late 2023, uncertainty has loomed over the medical profession regarding the application of payroll tax to medical practitioners. While general practitioners have received considerable attention, specialists have also been impacted, according to Bartons’ senior manager Matt Baczyk and director Adam McCann.

Medical practices and individual practitioners should review their arrangements and seek professional advice to ensure compliance with payroll tax regulations. By understanding the nuances of payroll tax rules and implementing proper structures, medical professionals can mitigate risks and focus on providing quality patient care.

BARTONS
https://www.bartons.com.au/ 

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This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

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