By Peter Hodgson, Financial Planner with Walshs If you work in Queensland’s hospital system and have changed which hospital you work at in the past year, you may be entitled to significant tax savings through your salary packaging, while Resident Medical Officers (RMOs) may be eligible for a substantial Vocational Training Subsidy. It is important
By Simon Farmer, Partner of Walshs From 31 March 2020, a raft of new changes around the design and pricing of Income Protection insurance (IP) will come into effect and it is essential those working in Queensland’s health sector know exactly what this means for them. The changes focus, in particular, on Agreed Value contracts
When Walshs’ team member Rachael Brooks-Donald was diagnosed with breast cancer late in 2019, it didn’t take long for our team to rally around her. Inspired by Rachael’s positive attitude and fighting spirit, 33 staff members have already signed up to take part in RACQ’s International Women’s Day Fun Run as part of the ‘Walshs
When Walshs’ team member, Trish Cumming, started looking for a charity for our team to support over the Christmas period she wanted to ensure that the charity she chose would support our local Brisbane community, and the people in our city, in a very real and meaningful way. When she first saw the Brisbane Basket
Establishing your own medical practice can be an exciting and daunting opportunity. Our professional, reliable and client focused specialist medical accounting team can help. We work with you alongside our network of experts in legal, technology and practice management that have assisted many clients in starting both general and specialist medical practices. As one of
[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]With the federal election now well behind us, Simon Farmer from Walshs takes time to reflect on what a re-elected coalition government will mean for Qld surgeons. Taxation changes under the current government will be minimal in the immediate future, their focus
[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”2/3″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]With less than a week to go until Australians hit the polling booths, Simon Farmer and Michael Walsh have summarised the key policies announced by the Labor and Coalition parties, including how these might impact specifically on our clients. Watch the video,
As the end of the financial year approaches, now is an ideal time to think about ways that you could grow your superannuation. Here are some strategies you can consider that will enable you to streamline your finances while also seeking some generous tax breaks. Concessional contributions: Also known as before-tax contributions, these are the
Maximise your tax deductions for the 2018-19 financial year by planning and reviewing your records. Here are top tips for businesses and individuals when it comes to year-end tax planning: Small business CGT concessions Individuals operating a small business may be eligible for capital gains tax (CGT) concessions on the sale of business assets. The
Owning an investment property can provide great benefits, including additional income and entitlement to tax deductions. The ATO has an increased audit focus on investment properties for the 2018-19 financial year and is expected to audit 4,500 rental property owners. Now is the time for property investors to take advantage of tax strategies available to
