Three steps to follow to help maximise tax benefits when buying property
Friday, 28 July 2023
Structuring your home loan to get the best possible tax outcomes as a doctor is vital, considering the huge amounts you send to the tax man every year. At Walshs, we are specialists in not only securing market-leading home loans for doctors but in supporting your future wealth health. As such, we’ve created this handy
- Published in Uncategorized, Walshs Blog
Thinking of buying your rooms? What you need to know about purchasing medical rooms via SMSF
Friday, 14 July 2023
Self-Managed Superannuation Funds (SMSFs) have become a popular investment vehicle in Australia, offering individuals greater control over their retirement savings. One intriguing avenue for SMSF investment is purchasing medical rooms. Not only does this provide a stable income stream, but it also allows healthcare professionals to secure their own practice premises. In this blog, we
- Published in Uncategorized, Walshs Blog
Melanoma – Rob’s story. Can you afford not to be insured?
Tuesday, 04 July 2023
When Rob, an anaesthetics registrar, was diagnosed with Melanoma, many things were going through his mind – his long-term health, his family, the exams he had coming up, but one thing he didn’t have to worry about was his income. “I’m a doctor so I see people every day who are sick or injured. While
- Published in Walshs Blog
The benefits of outsourcing bookkeeping for medical practices
Wednesday, 28 June 2023
Efficient bookkeeping and payroll management are essential for the smooth operation of any business, and medical practices are no exception. However, juggling the demands of patient care, administrative tasks, and financial responsibilities can be overwhelming for healthcare professionals. This is where we come in, offering comprehensive bookkeeping services tailored specifically for medical practices. In this
- Published in Walshs Blog
Growing pains… should we renovate or move?
Tuesday, 20 June 2023
A few years and a couple of kids later, the sprawling expanse that was once your luxurious abode might now be cramping your style. Tired of living on top of one another, is it time to up sticks or cash out your Bunnings shares in favour of a complete home makeover? Walshs mortgage broker Darole
- Published in Walshs Blog
The capital gains tax 6 year rule – and how it works
Tuesday, 13 June 2023
Selling your rental property is a great opportunity to unlock some personal equity. But don’t forget the taxman wants a slice of the cake. Capital gains tax (CGT) is liable for the profits on the sale of property, however the capital gains tax 6 year rule provides some exemptions which can be utilised to optimise
- Published in Walshs Blog
The vital role of a tax planning meeting with your accountant and some tips for 2023!
Tuesday, 23 May 2023
Tax planning is an essential aspect of financial management that requires careful consideration and strategic decision-making. One effective way to ensure optimal tax management is by engaging in regular tax planning meetings with your accountant at Walshs. These meetings provide a valuable opportunity to collaborate, analyse, and develop personalised strategies to navigate the complexities of
- Published in Walshs Blog
Dr Luke Nottingham wins the inaugural $10,000 Walshs Medical Bursary!
Monday, 22 May 2023
Walshs are thrilled to announce the winner of the 2023 $10,000 Walshs Medical Bursary, Dr Luke Nottingham. The $10,000 in bursary funds will allow Dr Nottingham to take a small team of anaesthetists and anaesthetic trainees to The Colonial War Memorial Hospital in Suva, Fiji to facilitate a teaching workshop. Here they will provide additional
- Published in Walshs Blog
The Lowdown on interest-only loans
Tuesday, 02 May 2023
If you’re the indecisive type, chances are you’ll run into a more than a few confusing crossroads when buying a new home. One of the choices that may leave you scratching your head is whether to take out an interest-only loan. A what loan? According to Walshs specialist mortgage broker Donna Sutherland, an interest-only loan
- Published in Walshs Blog
Building wealth, one dollar at a time: The power of ‘dollar cost averaging’
Friday, 28 April 2023
Dollar cost averaging (DCA) is a popular investment strategy amongst financial planners and investors alike that involves buying a fixed dollar amount of a particular investment at regular intervals over a period of time. The goal of this approach is to reduce the impact of short-term market fluctuations on your investment portfolio. DCA is a
- Published in Walshs Blog
How can you ensure success in your business journey?
Thursday, 13 April 2023
Ensuring business success requires careful planning, strategic thinking, and effective execution. Here are some key tips that can help you increase your chances of success: Top tips: Develop a clear business plan: A comprehensive business plan outlines your goals, target market, marketing strategy, financial projections, and other key aspects of your business. Understand your market:
- Published in Walshs Blog
Doctors investing in real estate – what you should consider
Friday, 24 March 2023
As a doctor, you have invested a lot of time and money in your education and training, and you want to make sure that your hard-earned income is well-managed. Real estate investing is one avenue that many doctors are increasingly turning to in order to grow their wealth and create passive income. But why should
- Published in Walshs Blog
