About this episode
Jack Hellman is an accountant in Sydney who looks after a high proportion of medical professionals and understands the unique nature of the cosmetic injectables industry. His passion is using his knowledge to help his clients' businesses grow and flourish.
As Australia entered a new tax year after lockdown, we explore the basics of accounting for injectors: working as an employee, sole trader, company or trust, the tax implications of each, GST and BAS, superannuation, personal services income rules, common deductions and how to work well with your accountant.
What you'll learn
- The pros and cons of each business structure
- When to register for GST
- How to pay yourself from a company
- Which expenses are tax deductible
Topics
- Finance
- Business of aesthetics
- Tax
- Australia
Full transcript
The full transcript for this episode is coming soon.