Primary Health Care plans 'flexible' hiring model after tax fiasco
PRIMARY Health Care will soon reveal a “more flexible” hiring model after it was forced to pick up a massive tax bill hanging over contracted doctors at its medical centres.
The company said it would shield doctors and other clinicians from tax liabilities of $105 million on “practice acquisitions” stretching back to the 2011 financial year, a reference to the upfront payments it paid to new hires.
Primary struck an agreement with the Australian Tax Office to cover the liabilities from a $155 million tax refund on its own account.
“The ATO will not commence any new review or