As the FBT year comes to end

March 2019

Whether it’s Christmas parties, EOFY celebrations or any events in-between a little bit of planning now could save you from a rude shock come FBT and tax time.

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Employing Casuals for Private Practices

February 2019

A lot of employers are not aware of the pitfalls when it comes to hiring ‘casual’ employees, thinking this would be less risky or more flexible for their practice than permanent employment.

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What is Single Touch Payroll?

February 2019

Single Touch Payroll or (STP) is a way of sending your employees' salaries and wages, allowances, pay as you go (PAYG) withholding and superannuation information to the ATO from your payroll software every time you pay your employees. 

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Is your practice at risk of payroll tax?

February 2019

Lately state revenue authorities have increased their focus on medical and allied health practices. Their focus has been on reviewing whether payments to professionals are “deemed wages” and therefore subject to payroll tax. Could your practice structure make you liable for the additional tax liability?

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Mandatory Data Breach Reporting - What it is and how can you protect yourself.

September 2018

All businesses and not-for-profit organisations with an annual turnover of more than $3 million, including private sector health service providers, with an annual turnover of $3 million or less, are required from 28 February 2018 to report any “eligible data breaches” to the Office of the Australian Information Commissioner (OAIC) and any affected, at-risk individuals.

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Who pays the wages, rent & other bills if the Doctor gets sick?

August 2018

As most Practices are reliant on a small number of practitioners to generate income, it’s worth asking the question:

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Embracing technology - remain at the centre of practice efficiency

June 2018

It’s no secret that technology and innovation is on the rise on a global scale.

This movement has influenced its way through from big business and is heavily impacting the operation of medical practices.

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Is it time to review your current payroll system?

February 2018

Is it time to review your current payroll system?

Single Touch Payroll (STP) is on its way, we ask you as a medical professional - have you started to prepare your practice for success?

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How to Reduce Debt Faster?

July 2016

I've got too much debt. How do I reduce it?

Sound familiar? It certainly does to us. In fact, this is one of the most common conversations we have with our Medical clients.

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Is your Structure Holding you Back?

June 2016

Having the correct financial structure in place is arguably the single most important element in the accumulation and preservation of your wealth.

This isn't hyperbole; it's a plain and simple fact.

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