Payroll tax game changer? Optical Superstore decision
Source: Taxation In Australia Journal Article
Published Date: 1 Nov 2019
The Commissioner of State Revenue Victoria has been successful in the recent decision by the Court of Appeal of Victoria in Commissioner of State Revenue v The Optical Superstore Pty Ltd, where it was found that the transfer of funds from an optical store to optometrists engaged by the optical store under a facilities use and trust model were deemed taxable wages and subject to payroll tax obligations. The decision is likely to have far-reaching payroll tax implications for operators of medical, dental and allied health practices. While the wider implications of the decision are not yet clear, there may also be implications for businesses outside of the medical, dental and allied healthcare industries which operate under a similar model, where a person collects money on behalf of a service provider.
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Details
- Published By: Gillian Tam, Rose Mcevoy, Matthew Mckee FTI
- Published On:1 Nov 2019
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