Q: A doctor works for a company that supplies patients for him to visit. He's paid per patient, not hourly. To boost his earnings, his wife drives him around while he works. He wants to pay her a fair rate for this service.
A: The tax office isn't fond of setups doctors use to avoid certain tax rules or split income. They'll scrutinize arrangements like this. If the wife is genuinely providing the service, there should be solid proof. Otherwise, it might look like income splitting, which the ATO doesn't like.
If you have any questions, feel free to contact Tax Ideas Accountants & Advisers. You can also book an appointment through our live calendar.
