The team at Bartons are often approached with common (and sometimes uncommon) tax-related questions that arise from high-income clients, especially medical professionals. Madison Vizzari, Assistant Manager in Bartons’ Accounting Team, and Matt Baczyk, Bartons’ Senior Manager, discuss some of the frequent ones, including enquiries involves structuring income to minimise tax.

Other queries include travel deductions, investment property repairs and improvements, entertainment, and a range on miscellaneous tax deduction expenses. As with most tax matters, consulting an accountant is vital, as many tax rules are nuanced and situation-specific, ensuring the best possible outcomes.

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