Fit outs can be quite the experience! They may not come cheap, and they demand a lot of time and effort, causing significant disruptions. However, they hold immense importance and are an essential aspect of pharmacy business practices. Clients often approach us with one common question during their fit-out planning or execution: "What is the tax treatment?" Considering the substantial amount of money involved in these endeavours, the tax implications are crucial, and we need to address a myriad of issues. With Depreciation, Temporary Full Expensing, and Instant Asset Write Offs rules in constant flux, alongside the complexities of Fit Out incentives, it's no wonder this is a topic of concern. To help you gain some clarity, I've taken the liberty of breaking it all down.

A business such as a pharmacy cannot survive solely on an owner. It requires a team to help you run the business and how successful the pharmacy operates is dependent on how great your team and their dedication are.  There are many factors that creates a great team however the driving force is through team engagement. A business relies on the energy, commitment and focus of their team members to allow your pharmacy to survive and thrive.

Hello, everyone! It's been a while since my last blog, and although I wish I could say it's been a quiet few weeks, so much has happened. I want to highlight two standout events that occurred during this period: the government's introduction of the 60-day dispensing measure in the recent Federal Budget, and the opportunity I had to host a panel discussion at the inaugural Women in Pharmacy Western Australia (WIPWA) networking event.