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Accountants for Doctors in Melbourne Can Help Doctors Maximize Funds

Medical doctors working outside of hospitals have sighed in relief, as an Australian Financial Review article published September 23, 2014 details encouraging information for doctors and other self-employed professionals. It writes:

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Medical Accountants in Melbourne Assist with Accounting and Taxation

A report published by The Australian discusses the radical new plan being proposed by Prime Minister Tony Abbott to bill patients $5 every time they visit their GP:

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Year Starter Financial Tips for Doctors

Welcome to 2014! The start of a new year is often seen as a chance to start afresh.  For 2014, why not start a resolution to stop rushing things and completing them a few days before the deadline and start planning ahead.  Having a proper financial plan helps you to ensure that your financial future […]

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Avoid Financial Setbacks with Reliable Income Protection for Doctors

Occupational hazards may vary from industry to industry, but doctors work with greater risk factors. Not only does their work require them to attend to patients with communicable diseases, they are regularly exposed to the airborne diseases of other patients in the hospital, as well. An article posted on the American Academy of Orthopaedic Surgeons […]

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Manage Medical Accounting Effectively to Sustain Your Private Practice

An article posted on DailyTelegraph.com.au discusses the debate on the Australian government’s GP Super Clinics Program and its effect on the personal relationship between the doctor and their patients:

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Accountants for Doctors: More Needed in the Face of Medical Advances?

This year, Melbourne is set to be the centre of countless discussions about advances in medical science. As The Herald Sun reports:

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Strategic Business Tips for Running a Medical Practice

Running a medical practice is essentially the same as running any other financial businesses.  Questions is, is your medical business “on track”? … However, not all medical practice groups can provide a clear-cut answer to this question.  Why?  Because they have not established the business objectives for their medical practice. Here’s a strategic business tip: […]

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Doctor’s Guide to Good Debt and Bad Debt

It is a common thought that we need to avoid debt, or pay off any debt we have as fast as possible. That is good, solid, but conservative advice.  Why conservative? Because you may be able to grow your financial assets faster by using what we call “good” debt. Let’s explain this: Good Debts vs […]

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Debt Management Tips for Doctors

Debt can be a wonderful slave but an unforgiving master. Australia, in common with many western countries, has an extraordinarily high level of consumer debt. The number of new credit card accounts opened in the 12 months prior to December 2012 increased by 210,000. But the scariest figure is the accruing interest on credit cards […]

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How Can Doctors Maximise Their Super?

Whilst employers including hospitals and medical clinics are required to pay a proportion of an employee’s salaries and wages into a superannuation fund, medical practitioners are encouraged to put aside additional contributions to their respective superannuation fund. The goal of superannuation is to accumulate money to provide you with an income in retirement. To achieve […]

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