Tax Treatment of Incorporated Medical Practices (Morning Seminar)
Thursday 12 May 2016
9.00am to 12.00pm
(Registration 15mins prior)
Institute of Public Accountants
Venue:
Level 10, 210 George St, Sydney NSW
Early Bird Fee*: Member $229.00 incl. GST
Non-Member $279.00 incl. GST
Course notes & morning tea. Lunch will
Includes:
be provided for those staying for the
afternoon session.
Date:
Time:
CPE Hours:
3
*Early Bird Fee applies if registration is received 10
days prior to the event.
Introduction & Overview
The incorporation of medical practices is accepted by
the Australian Tax Office (ATO) provided that there is
sound business or commercial reason for incorporation,
there is no diversion of income from the personal
services of the professional practitioner to family
members or other persons and the only advantage for
income tax purposes is access to greater
superannuation benefits. This seminar covers the
specific requirements set by the ATO and critically
reviews the interaction between the incorporation of
medical practices with the personal services income
provisions in addition to the key tax implications arising
from the incorporation of medical practices.
Recommended For
This seminar is recommended for accounting and tax
practitioners that manage the compliance obligations for,
and/or provide advice to, medical practice entities and
medical practitioners.
Topics Covered
This session will cover the following topics:

 The ATO requirements for allowing incorporation of
medical practices
 The ATO stance on the tax treatment of shareholders
and directors of medical practice companies
 Specific tax treatment of medical practice company
losses and goodwill
 The basis of accounting to be used and the tax
treatment of investments held by medical practice
companies
 The interaction between the personal services income
provisions and the incorporation of medical practices
 The tax implications of using service trusts or practice
trusts as part of the structure of a medical practice
Benefits/Learning Outcomes
Upon completion of this seminar attendees will have a
comprehensive understanding of the specific
requirements underpinning the determination of the
taxable income of medical practice companies, including
tips, traps and planning.
About the presenter
Peter Adams
Peter has more than 20 years experience as a tax
practitioner, having worked in senior tax management
roles in the profession with both KPMG and PwC as well
as in commerce. Recently Peter has focused on providing
tax consulting and tax training services in the SME
market.
He has a wealth of tax knowledge and is a sought after
presenter on a wide array of tax topics.
Maximising Deductions (Afternoon Session)
Thursday 12 May 2016
1.00pm to 4.00pm
(Registration 15mins prior)
Early Bird Fee*: Member $229.00 incl. GST
Non-Member $279.00 incl. GST
Institute of Public Accountants
Venue:
Level 10, 210 George St, Sydney NSW
Course notes & afternoon tea. Lunch will
Includes:
be provided for those staying for the
afternoon session.
Date:
Time:
CPE Hours:
3
*Early Bird Fee applies if registration is received 10
days prior to the event.
Introduction & Overview
Are you disadvantaging your clients by not claiming
sufficient deductions or putting them at risk by
overstating their claim? While deductions appear to be a
basic part of a tax return, this seminar will provide
attendees with a solid understanding of what deductions
can be claimed so prior to June you can prepare your
clients accounts and transactions to maximise their
returns, whether individual, company, business or trust
while minimising risk and possible litigation.
Topics Covered
This seminar will cover the following topics:
 Basic legislative foundations relating to deductions
 General deductions and statutory deductions
 Special rules for Small Business Entities (SBE’s)
 Specific issues such as interest and other financing
deductions, repairs and Uniform Capital Allowances.
About the presenter
Peter Adams
Peter has more than 20 years experience as a tax
practitioner, having worked in senior tax management
roles in the profession with both KPMG and PwC as well
as in commerce. Recently Peter has focused on providing
tax consulting and tax training services in the SME
market.
He has a wealth of tax knowledge and is a sought after
presenter on a wide array of tax topics.
REGISTRATION FORM AND TAX INVOICE
ABN 81 004 130 643
Tax Treatment of Incorporated Medical Practices (Morning)
Maximising Deductions (Afternoon)
Date: Thursday 12 May 2016
Venue: Institute of Public Accountants, Level 10, 210 George Street, Sydney NSW 2000
Time: 9.00am to 12.00pm (am) | 1.00pm to 4.00pm (pm)
Register online or complete registration form and return to:
Institute of Public Accountants, Locked Bag A6090, Sydney South, NSW 1235
Ph: 02 8262 6000 Fax: 02 9251 5201 Email: nswdivn@publicaccountants.org.au
Registration Details
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Dietary Requirements
Registration Confirmation - A confirmation email will be sent to you within 48 hours of the IPA receiving your registration. Please
notify the IPA by phone or email if you do not receive a confirmation email within this timeframe.
Payment Details
This document will be a Tax Invoice for GST purposes when you make full payment. Please keep a copy for your records.
Regular Rate
(Registration Fee includes GST)
Amount Payable
*Early Bird Rate
Per person
IPA Member
Non Member
IPA Member
Non Member
Single Seminar
$229.00
$298.00
$279.00
$363.00
BOTH Seminars
$409.00
$532.00
$499.00
$649.00
 AM
 PM
* Early Bird Rate applies if registration is received at least 10 days prior to the event.
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