Australia
2021 year-end tax planning tips for medical specialists

By Angela Jeffrey on 31/05/21 - Mins to read: 4 minutes

It is hard to believe that we are in June already, and with only four weeks until 30 June, we have collated some important tax planning opportunities in the lead-up to the end of the financial year. Uncapped immediate write-off of assets Per the budget announcements, this scheme has been...
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Federal Budget explained for medical specialists

By Angela Jeffrey on 31/05/21 - Mins to read: 4 minutes

This article was first published on the LinkedIn Business Page of The Professional Medical Practice on the 14th May 2021. On 11th May 2021, Treasurer Josh Frydenberg announced the Federal Budget for 2021-22 and we have summarised the key points related to medicos. This budget includes a raft of measures...
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The Corporate ‘Sell Out’?

By Trent Antonio on 31/05/21 - Mins to read: 4 minutes

A number of our larger medical client groups have recently been approached by “large corporates” and/or Private Equity (PE) firms scoping interest in the potential sale of their practices. This is consistent with a broader trend we are seeing in the market with a strong focus on consolidations and mergers...
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Telehealth and the new normal

By Allana Gregson on 31/05/21 - Mins to read: 4 minutes

In response to the coronavirus pandemic, the Australian Government made temporary telehealth items available through Medicare to help reduce the risk of transmission and provide a safer way for patients to receive medical assistance. This applies to patients of GPs, specialists, dentists, maxillofacial surgeons and mental health professionals, among others....
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The financial mistakes health professionals make early in their career

By Alessandra Forero on 31/05/21 - Mins to read: 4 minutes

As advisors to a significant number of medical professionals, we often see these professionals make less than optimal financial decisions throughout their working career and at retirement. Given the level of commitment and discipline medical professionals need for their careers, finances can often “take the back seat” and decisions can...
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