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Doctors and Divorce – A medical accountant’s guide to separation and divorce taxation
Going through a divorce or relationship dissolution can be a challenging time irrespective of whether both parties are amicable. Aside from legal implications (read Doctors
Managing financial impact of divorce in the medical profession
The demands of people working in the medical profession are unforgiving. Long hours and rigorous demands of the job can lead to poor work-life balance,
Salary packaging and reportable fringe benefits – How they are calculated
Salary packaging Salary packaging is an arrangement between you and your employer that enables you to reduce your taxable salary, and as a result, pay
Funding your overseas fellowship
There are many hurdles that a doctor in training will navigate throughout their training program, one being whether you should or will apply for an
Checklist for setting up a private practice
Setting up a private practice – a new Australian medical practice, can be a daunting undertaking. Certainly there is a significant amount of responsibility that
EOFY Tax Planning
Once July hits and a new financial year has begun, it is time for tax planning – take stock and get your taxes in order
Medical degree – Life after graduation
You can see some light at the end of the tunnel! The final year of your medical degree- which may involve an elective, some research
How to travel on a budget?
Being a medical student is tough! All you need is a holiday to escape from the stress and rejuvenate. The upside is that as a
ATO audits – what you need to know
Technology is a powerful tool in organising records and assisting with your tax compliance. It has also allowed the Australian Tax Office (ATO) to more
The basics of GST
If you earn or expect to earn over $75,000 ($150,000 for not-for-profit entities) of ABN income in any 12-month period, looking forward or back, you
What you need to consider before you start renting a house
Renting a house for the first time can be exciting but can also be quite stressful. It can be a big step moving out of
What you need to think about before buying a new car
Many young professionals seek to upgrade their wheels when they start earning their first full-time income. Whilst a car is (more often than not) a
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