“The reminder comes with new research from the ATO that suggests that small businesses agree that paying goods and services tax is important and is the right thing to do. The same research found that around two thirds of businesses would report anyone they knew evading paying tax to the ATO. It also found that majority of businesses didn’t think that tweaking numbers on their business activity statements would help them financially.
As a significant segment of the small business sector, it wouldn’t be incorrect to assume that a large portion of doctors feel the same way about paying their taxes as the ATO’s research suggests. It is in this regard that hiring a professional medical accountant from a respected firm, like MEDIQ Financial, is important to any upright doctor’s business.”