Medical students tips
Tax time for doctors: what deductions you need to claim
Finishing med school and starting work is exciting… until tax time rolls around. Suddenly you’re staring at payslips, receipts, and wondering: what can I actually
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Lifestyle
Financial terminology and definitions
Feeling confused with all the acronyms and financial jargon? 🤔 Don’t stress! We’ve put together a list of terms and concepts with their helpful definitions
Private Practice
Employee Gift Tax and Parties Guide
It is that time of year, again! As Christmas approaches, so do the invitations to the many parties; and with the parties come the gifts
Tax & Accounting
Missed the 2024 tax deadline – what now?
Missed the tax deadline? Don’t panic, now is the time to take action. It is common for medical professionals to be extremely busy working and
Legal Services
What’s changing with Vacant Residential Land Tax
Vacant Residential Land Tax What Medical Professionals with Holiday Homes Need to Know Recently the Victorian Government announced the expansion of Vacant Residential Land Tax
Private Practice
Services Trusts for Visiting Medical Officers and Anaesthetists
Services Trusts for Visiting Medical Officers and Anaesthetists In the intricate web of Australia’s healthcare system, doctors stand as pivotal figures, orchestrating critical interventions and
Private Practice
Structuring your private practice for success
The ins and outs of service trusts Choosing an appropriate business structure for your private medical practice is a crucial decision that can have significant
Tax & Accounting
What you need to know about the payroll tax updates
In the healthcare industry, arrangements between healthcare professionals and medical centres have been a source of ongoing uncertainty and debate. Recent court decisions have further
Tax & Accounting
What tax deductions can you claim as a locum doctor?
Working as a locum doctor can be a hugely rewarding and versatile part of your career as a medical professional. However, there are certain financial
Private Practice
Podcast | Service Trusts for Doctors in Private Practice
If you’re running a private practice, you may have heard of Service Trusts and Agreements, but do you know how they work and what benefits
Tax & Accounting
A medical professional’s guide to HELP-HECS indexation 2023
As the end of the financial year quickly approaches, it’s a good time to do a stock take of your financial situation, which should include
Tax & Accounting
How To Calculate Working From Home Tax Deductions
The ATO have recently released PCG 2023/1 which outlines the changes to how individuals can claim a tax deduction while working from home. In previous
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