Working in professional services? Find out how new ATO Guidelines might affect you and your firm.
Four years after suspending their guidelines, the ATO has finalised its compliance approach to the allocation of professional firm profits with the publication of Practical Compliance Guidelines PCG 2021/4, set to take effect from 1 July 2022.
Watch this recording to learn more about:
- How the ATO is looking to treat the way professional service firms allocate profits to individual practitioners in the PCG including the two Gateways and how to self-assess under the risk assessment framework
- Application and transition dates
- What activities the ATO are undertaking in relation to the guidelines
- Remaining areas of uncertainty and what you need to do to obtain comfort regarding your arrangements
The information presented in this webinar was accurate at the time of recording, 3 May 2022.
Risk assessment toolkit
Following the publication of the ATO’s Practical Compliance Guidelines PCG 2021/4, Pitcher Partners professional firms risk assessment toolkit is now available. Explore the toolkit here, and if you have any questions please reach out to your Pitcher Partners tax expert.