Category: IQ+

The Importance of Income Protection Insurance

The risk of not being able to work due to illness or injury is very real for everyone, including medical professionals. While sick leave and workers’ compensation provide some level of coverage, income protection insurance gives you an additional level of cover that could ensure that you enjoy a similar lifestyle as you would without […]

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Financial Resource List for Smart Wealth Management

Whatever stage of life you’re at, it’s never too early or late to learn more about building wealth and managing your finances. The earlier you start on learning about wealth management, the sooner you can devise a clear strategy for achieving your financial goals. With the complexities of financial management, it is best to obtain […]

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Medical Practice Marketing: How to Get Your Name Out There

Marketing is so much more than just a radio or print advertisement. Marketing is any activity that moves your practice forward in all aspects, including financial, new patients, new services, recruitment of new providers, or entering new marketplaces. Activities that fit under the broad ‘marketing’ definition include planning, patient relations, products and services, and many […]

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Loan Savings on Mortgages for Medical Professionals

As a medical professional, there are a number of savings that might be on offer to you from some of the major financial institutions in Australia. While this is not common knowledge, it is definitely something that is worth looking into as you could experience significant savings compared to standard loan and mortgage offerings that […]

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Do You Have a Financial New Year Resolution?

  Whether it’s the start of a new calendar year or the start of a new financial year, the concept of a financial new year resolution can be important. It’s a chance to start fresh, and to give yourself an opportunity to set some goals regarding your personal and your business finances. Many doctors and […]

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The Ultimate Tax Season Preparation Guide

With the end of the financial year fast approaching, many people are beginning to realise they don’t know what to do. We’ve put together this Ultimate Tax Season Preparation Guide to help.

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5 Tips to Keep Your Medical Practice’s Accounting Books Healthy

Most medical practices in Australia operate as small businesses, and that means they are exposed to the same financial challenges as other small businesses through the country. As with any small business, getting the accountancy process right is essential for ensuring the business is able to run in a sustainable manner. Accountancy can cause headaches […]

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10 Tips to Help You Study Accounting

Studying is one of those things that come easily to some people, and to others it feels like walking up Mount Everest. And studying accounting is no different. We’ve put together these 10 tips to help you with your studies for accounting. 1. Set your intentions Studying requires deliberate intention and attention. To succeed when […]

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Why Use a Specialist Medical Accountant?

There are a great many reasons why all medical personnel should use a specialist medical accountant when it comes to dealing with your finances. These range from changes in Medicare policies that may affect you differently to those in other professions to ensuring you are receiving the correct deductions for your industry. We’ve put together […]

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How Doctors Can Beat the Taxman

While the taxman is targeting investors hiding assets overseas, there are much less complicated ways to cut your tax bill. Here are 6 legal tax-minimising strategies that you can easily use – and they can make a significant difference to your overall wealth creation.  Not only are these legal ways to cut your tax bill, […]

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