Doctor Goes To Jail! With No Get Out of Jail Card in Sight
I get it. Doctors are busy people. And that can mean taxes get put on the back burner. After all, when you are saving lives dealing with tax returns is a minor nuisance. Or is it? Because a WA doctor has been sent to the Gulag for 7 months because they thought that tax returns […]
Who’s Gonna Jump in the Hole with You?
I have found that in today’s business world what medical practitioners want more is their time back. I work with medical practitioners that work very long hours and help them reduce their working time. But I have had a frustrating week this week. I love what I do and most weeks I only work 3 […]
Yes You Can. Especially Now
Yeah, I get it. Costs are rising. When I fill fuel for my cars I look in despair and ponder what luxuries I could buy instead. And many who jumped on the housing market because of FOMO are now looking at interest rates and think was it really worth it? And many think because of […]
Payroll Tax – Should You Be Worried?
In a nutshell. Yes. But it is not all doom and gloom. Especially if you do things correctly. Fear sells so it is not surprising when accountants and lawyers tell you if you don’t spend $xx,xxx you could end up paying $xxx,xxx to the taxman you react. I would too. And when you see other […]
Medical Professionals and Retirement!
Should medical professionals be forced to retire at a certain age? It’s an interesting question. Young doctors see and are in awe of their mentors and other experienced doctors who continue to work way past retirement age. In many cases those that continue to work know they should probably down tools, go home, sit on […]
It’s A Financial Disaster!
You would have to be a hermit if you did not know that Australia (and the world) is going through a rocky patch on the financial front. The share market recently tanked freaking out everyone, including those on pensions or about to become pensioners. Homeowners are freaking out because interest rates are up and will […]
Crap…. Interest Rates Are on the Up!
It’s started. We all seem to be concerned about costs going up. And now interest rates are on the up too. You know it’s a serious issue when political parties start talking about the cost of living. Especially when it comes just prior to an election. And as a committee member of the Brisbane Basket […]
Working From Home? Keep Those Records or Lose Out ….
Many are still working from home. For some, it is permanently from home. For others, it’s maybe a few days a week. But the ATO’s special rates as a tax deduction brought about by the pandemic has ended. This was the 80-cent shortcut rate method. Basically, you get 80 cents for every hour you work […]
It’s a Bloodbath!
Anyone looking at the stock market will have tears in their eyes. I look in despair when I see what has happened to my portfolio. And last week I showed my kids what has happened to their values, and neither were too pleased with my performance. According to them, it’s all my fault. It had […]
Interest Rates Are Going Up! Before You Refinance…….
[vc_row][vc_column][vc_column_text]Medical Professionals are not known for keeping an eye on interest rates. Most of my medical professional clients are aware of what they pay (the amount) and if they feel they can afford to pay it they are not too concerned about the rate. But I heard something quite shocking this week. And it could […]