Many medical professionals in private practice earn income which is largely derived from the provision of their personal services. Consultation fees and other payments received by a Specialist Doctor arising from his/her own capacity as a Specialist Doctor by providing services to private hospitals, with or without written agreement, is considered an income arising from carrying his/her profession as a doctor.
For the Specialist Doctor who owns a private limited company, should the income be assessed as the personal income of the Specialist Doctor or as the income of his/her private limited company?
In this live Zoom webinar, Ms. Shalina Jaafar will share with you the guidelines and tax treatment for Specialist Doctors of a private hospital whether the income received is assessable under individual or private limited company. Below are the points to be covered: