4 February Call for Submissions: ATO review of effective life of assets used in general practice February 4, 2020 By Australian Taxation Office 0 As part of an industry-wide review of the assets used in offering general practice medical services, the ATO has released a draft proposal for updating the Commissioner of Taxation’s schedule for effective asset life determinations. As part of an industry-wide review of the assets used in offering general practice medical services, the Australian Taxation Office (ATO) has released a draft proposal for updating the Commissioner of Taxation’s schedule for effective asset life determinations (ANZSIC code 85110, “General practice medical services”). The main purpose of the review is to ensure that the ATO’s effective life determinations appropriately cover assets commonly used in medical practices industry. AAPM will be making a submission to the Review on behalf of its members and is now seeking member input that will help to inform our submission. The proposed changes are available here, and information about the review more generally is available at the ATO Website. Member input should be sent to nationaloffice@aapm.org.au before COB on Tuesday 18 February 2020. Related Articles Best Practice launches new General Practice Software update Best Practice Software’s new release of their popular general practice software Bp Premier - Indigo Service Pack 1 (SP1), has been launched today. RACGP Public Consultation: Draft Standards for general practice residential aged care The Royal Australian College of General Practitioners (RACGP) has released the draft of the RACGP Standards for general practice residential aged care (1st edition) (Standards for GPRAC) for public consultation. Australian Commission on Safety & Quality in Healthcare announces resumption of accreditation assessments for general practices The General Practice Rural Incentives Program has a new name From 1 January 2020, the General Practice Rural Incentives Program (GPRIP) will transition to the Workforce Incentive Program (WIP) – Doctor Stream. Why general practices need nurses more than ever AAPM calls on community to support Practice Managers Comments are closed.