Financial tips and updates for medical professionals
In this issue we focus on getting the purchase of your medical practice right by looking into the pros and cons of using different entities to make the purchase.
In this edition we give further information and advice about Single Touch Payroll. We also offer some tips to make sure your finances are in order and we have included a pre-30 June checklist.
In this edition, we focus on improving your practice efficiency through a range of angles: your nurses and how to most effectively utilise them, your practice structure and finally, a review of your practice finance.
Lately state revenue authorities have increased their focus on medical and allied health practices. Is your Practice at risk of additional payroll tax?
The First Home Super Saver Scheme was introduced in the 2017 Federal Budget. We explore why you should take advantage, how the benefit is worked out and how much you can save.
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.
One of the biggest changes proposed by the Government to be carried out from 1 July 2017 is to implement a measure limiting the amount members can ‘transfer’ from their balance into pension phase.