Service Entity Update

1
Service Entity Update

• David Marks

2
Limits on what we do

• Cannot use practice entity
• Able to use a service entity
• Each floor is different
• Variations seen
• Degree to which floor members go into business
  together or with spouses

3
Where the ATO is at

• Active audits in late 1990s
• Much excitement in early 2000s
• Issue of ruling TR 2006/2 and Booklet
• Updated release last week by ATO
• Signals end of particular focus
• Reminds us to apply rates we can defend

4
Particular items

• Rent of premises
• Equipment
• Provision of staff
• Bits bods
• ATO approach takes a lot of the cream out of
  service arrangements.

5
Service Entity Update

• Questions?
• David Marks