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Professional Services Firms

Professional services firms exist in many different industries. They include lawyers, advertising professionals, architects, accountants, financial advisers, engineers, and consultants, among others. Basically, they can be any organisation or profession that offers customised, knowledge-based services to clients.


9 May '23

PCG 2021/4 ATO Tax Ruling Professional Firm Profits - Sample Report

Effective at 30th of June 2023, our sample PCG 2021/4 report uses Dr. Nicole Smart as our example. 


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6 Apr '23

PCG 2021/4 Professional Firm Profit

The ATO guidance (PCG 2021/4) totally changes the way that professional firm profits can be allocated (or split) among a family group from 1 July 2022 onwards.


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11 Mar '21

Important Tax Update for Medical Professionals - ATO Income Changes


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Need PCG Tax Advisory?

Smart Business Solutions are skilled in understanding the intricacies in professional firm accounting including debt reduction, further investments using trust structures, investment companies and self-managed superannuation funds to protect investment from your industry specific risk.


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