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Martin Sammut

Martin Sammut

Accounting for osteopathy graduates

Transitions 2016

September 22, 2016
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  1. Transitions to Practice Osteopathy Graduates 18 August 2016 Martin Sammut

    Director Murdoch Partners Pty Ltd Level 2 17 Cotham Road KEW VIC 3101 Ph: 03 9854 8999 [email protected]
  2. }  Tax File Number }  Private Health Insurance }  HELP

    Repayments threshold and rates (2016-2017)
  3. }  Record keeping }  Car Expenses }  Calculating your claim

    for Car expenses - Cents per kilometre method - Logbook method }  Other Travel expenses }  Negative Gearing
  4. }  Tax File Number Declaration }  Employee Declaration }  Compulsory

    obligations for Employers: - Super Guarantee Contributions (9.5% of gross income) - Payment Summary - Workcover - Public Holidays - Pay As You Go Withholding Tax (including HELP Debt)
  5. }  Preparation of Business Plan }  Choose your business structure

    – seek professional advice }  Organise taxes for your business }  Arrange insurance for your business
  6. }  Family Member or Family Friend }  Recommendation }  Speak

    with your employer regarding who they would recommend
  7. }  Unincorporated Small Business Tax Discount }  Re-introduction of Small

    Business Write-off }  Immediate Deductibility for Professional Expenses }  Measures ‘encouraging’ start-ups }  FBT Exemption for Portable Electronic Devices }  1.5% Small Business Company Tax Cut