We're a Baker Tilly network member
Learn more
Back to top
ATO singles out professional practices: Practical compliance guidelines (PCG 2021/D2)

ATO singles out professional practices: Practical compliance guidelines (PCG 2021/D2)

The ATO has released draft Practical Compliance Guidelines (PCG 2021/D2) setting out how it proposes to look at and treat the way professional services firms allocate profits to individual practitioners. Once finalised, the revised guidelines will apply from 1 July 2021.

For a breakdown on the new draft and the risk factors, view ATO releases new draft guidelines on the allocation of profits by professional services firms technical article.

The information presented in this webinar was accurate at the time of recording, 2 May 2021.
This content is general commentary only and does not constitute advice. Before making any decision or taking any action in relation to the content, you should consult your professional advisor. To the maximum extent permitted by law, neither Pitcher Partners or its affiliated entities, nor any of our employees will be liable for any loss, damage, liability or claim whatsoever suffered or incurred arising directly or indirectly out of the use or reliance on the material contained in this content. Pitcher Partners is an association of independent firms. Pitcher Partners is a member of the global network of Baker Tilly International Limited, the members of which are separate and independent legal entities. Liability limited by a scheme approved under professional standards legislation.

Pitcher Partners insights

Get the latest Pitcher Partners updates direct to your inbox

Thank you for you interest

How can we help you?

Business or personal advice
General information
Career information
Media enquiries
Contact expert
Become a member
Specialist query
Please provide as much detail to ensure appropriate allocation of your query
Please highlight a realistic time frame that will enable us to provide advice within a suitable and timely manner. Please note given conflicting demands with our senior personnel, we will endeavour to respond to you within the nominated time frame. If you require an urgent response, please contact us on 03 8610 5477.
CPN Enquiry
Business Radar 2024
Federal Budget 2024-25
Student careers 2024-25
Search by industry