Payroll Tax 21 Requirements
This page is specifically targeted towards Australian qualified Accountants who are considered Medical Sector Accountants and work exclusively with medical practices.
In our firm's attempt to expand, we have been actively searching for Accountants able to review clients' financial documentation according to the 21 requirements outlined by relevant Tax Authorities.
Are You a Medical Sector Accountant?
Call us
(08) 8523 3177
Email us
office@hamiltonbailey.com
Response time
Within 24 hours
The Certification Process
Understanding the dual certification requirement for payroll tax compliance
Accountant Certification
Our interpretation of relevant case law and rulings suggests that certifications from accountants must verify compliance with the 21 financial and operational requirements.
Upon the Client's Accountant providing our office a PT21 Compliance Certificate, we will then finalise our mutual Client's annual legal-audit review.
Legal Certification
Hamilton Bailey provides the legal certification component, reviewing the Service Agreement and overall compliance structure.
This certification accompanied by the Service Agreement is then forwarded to the relevant Tax Authority in support of the Client's claim of compliance.
Why Dual Certification?
Such expectations are predominantly due to the workload experienced by the relevant Tax Authorities, and the justification that a particular arrangement is compliant should be independently verified by qualified professionals in both accounting and law.
The 21 Requirements Overview
Key areas that must be certified for payroll tax compliance
Note: There are two further requirements in addition to the above. However, for purposes of brevity these further points can be discussed in consultation with interested parties.
Partnership Opportunity for Accountants
We're seeking qualified accountants to partner with for client compliance
Joint Client Service
Work together to provide comprehensive compliance services to mutual clients
Clear Process
Established workflow for PT21 certification and annual review processes
Professional Recognition
Certification process recognised by relevant Tax Authorities
Related Information
Learn more about medical practice compliance
Interested in Becoming a Certification Partner?
If you believe you can satisfy the 21 requirements in your annual review and certify our joint clients, we'd love to hear from you.