Medical Blog

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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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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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It's important to get it right, so let's try and clarify the matter once and for all.

Expenses incurred for commuting between home and work are generally not deductible. However, you may be able to claim home-to-work travel in the following circumstances:

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Capital growth in Australian property over the years has encouraged many investors to purchase investment properties. While the right property can offer capital growth, it's important to maximise your deductions against the rental income you receive to ensure a tax-effective investment.