If you are a medical client of ours, you may have noticed that we sent out an email recently on FBT and the changes we are making to how we calculate and deal with your FBT. And now you have a second FBT email from me. As you all know, this is not exactly a..
This is a question I get asked a lot. And I mean a lot. In fact, recently I was asked the same question by one of my own team members. They are in flux. Use cash and borrow to buy an investment property or just pay off the home loan and not have to worry..
I am going to apologise in advance. None of us want to talk about death. But you must. As a nation, we are not good at talking about death, and as a result, we are under-prepared. It is estimated that 60% of adult Australians do not have a will. And I have heard all the..
We are programmed from a young age. Actually, it is probably from the moment we learn to smile or roll over as a baby. And that is to work hard. Rolling over as a baby once is not good enough. Parents want their baby to roll continuously once they know the roll is possible. Parents,..
Can you imagine losing $20,000 in seconds? This happens a lot. We have clients who have lost thousands. Some are in the tens of thousands. And because many medical professionals are busy it happens to them a lot more than they admit. And before you snigger and think they were stupid or silly, let me..
If you would like to listen to this blog post in audio format, please click here. I am all for employee rights as long as they make sense. But there is a fine balance between what is right and what oversteps the mark. I have never understood the pay awards system in Australia. But I..
If you would like to listen to this blog post in audio format, please click here. As you know, I speak about having more time. I like the fact that I can work 3 to 4 days a week and still manage to do all the things that I do. But I do know this. Time..
If you would like to listen to this blog post in audio format, please click here. When it comes to the ATO, people think they can get away with it. Over the years, I think I have pretty much heard almost every conceivable trick to try to get a tax deduction from medical professionals. I..
If you would like to listen to this blog post in audio format, please click here. I hate it when my medical clients take loans from their medical company to be given to a director. They are, in technical terms, called Div 7A loans. It is likely you have been told to use a bucket..
If you would like to listen to this blog post in audio format, please click here. Have you heard of loud budgeting? It’s something that the TikTok generation has picked up. And like every young generation, they think they are geniuses without realising that what they think is mind-blowingly brilliant has been going on for..
