More than most professions, every doctor has undergone extensive education to achieve their vocational qualification. The importance of quality education is clear and this usually translates to a desire to educate the next generation in high quality schools and tertiary
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Being a medical professional you will always pay your fair share of income tax for the wider community. Ever ask yourself ‘when will the tax office do something for me?’ Well the following is a series of concessions for Small
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This is a common discussion we have with our clients seeking to accumulate a specific lump sum, to maybe take the sting out of private education costs or possibly to give a child a helping hand with the deposit on
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It would not be a surprise to anyone that the accounting in your medical practice at the bottom of priorities. The paperwork, the management of cash, your debtor and creditor list create a compliance program that does distract you from
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As accountants/financial advisers catering only to medical professionals and their families, we see an ever increasing complexity in regard to managing personal finances. The aspirations of better tax management and enhanced asset protection constantly inspire new strategies that are available
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Just as the global capital markets continue to thaw out following the GFC, so too is the competition returning to the mainstream mortgage and investment debt markets. Following 3 months of contracting mortgage figures, May showed a solid recovery with
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A concept gathering strong momentum in the US at the moment is the idea of Lifecycle Investing or target date investing. So what is this and is it anything particularly radical? The concept of Lifecycle investing is that the appointed
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In preparation for the end of the financial year 30th June 2011 there are some things you can do for your medical practice that will help with the compliance work required. By implementing an effective tax strategy, you can minimise
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Most people generally dislike insurance, whether it is the thought of paying for something you hope to never use, or the classic ‘it will never happen to me’ mindset, we all have an instinctive reaction to the concept. Add to
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The world of superannuation is a constantly evolving legislative environment, and at the more complex end of the spectrum are the rules around self managed superannuation. The Smart Money section of the weekend Australian Financial Review had some interesting statistics
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