Medical Accounting – your FAQs answered
Tuesday, 18 June 2024
Whether you’re running a medical practice or working as a healthcare professional, the unique financial challenges you face can be significantly eased with the help of a specialised medical accounting firm. In this blog, we address some frequently asked questions about medical accounting, and how specialised support can help you better manage your finances and
- Published in Articles, Business, Walshs Blog
Key Budget takeaways for individuals, business and superannuation
Tuesday, 21 May 2024
The 2024-25 Federal Budget, unveiled on Tuesday, May 14, 2024, brings notable changes impacting individuals, businesses, and superannuation. Among the highlights are the eagerly anticipated Stage 3 Tax Cuts, reducing tax rates and raising income thresholds for higher tax brackets starting July 1, 2024. For businesses, the Instant Asset Write-Off is extended, providing small businesses
- Published in Walshs Blog
A quick guide to depreciating assets
Monday, 20 May 2024
Accountants play an important role in assisting business owners with navigating complex processes. One such aspect demanding careful attention pertains to claiming deductions for depreciating assets. Let’s delve into the strategic timing for claiming deductions, the various types of depreciating assets, and the significance of maintaining precise records to optimise tax benefits. Strategic timing
- Published in Walshs Blog
Home Loans for Doctors – your FAQs answered
Saturday, 04 May 2024
As a doctor or other medical professional looking to purchase a home, you may qualify for specialised home loans designed specifically for doctors. These unique financial products cater to the distinct needs and circumstances of healthcare professionals like yourself. We specialise in assisting doctors to secure these loans, which can offer a range of enticing
- Published in Articles, Business, Walshs Blog
A tax planning meeting is important and here’s why…
Wednesday, 24 April 2024
The days of deciding on a tax strategy at the start of the financial year and then forgetting about it are gone, tax planning is an important part of managing your finances and requires careful consideration and strategic decision-making. As a tax payer you must be flexible, aware and ready to pivot at the right
- Published in Walshs Blog
Are you a junior doctor thinking about buying your first home?
Friday, 05 April 2024
Navigating the path to homeownership can be particularly challenging for junior doctors, whose income is often spread thin across training fees, relocation costs, and exam fees, leaving little room for saving cash for your first home or an investment property. But with property still being one of the biggest growth asset classes in Australia Walshs
- Published in Walshs Blog
The scoop on Queensland property & economic outlook for 2024
Tuesday, 12 March 2024
Economic Outlook The economic outlook was once again presented by the Chief Economist for KPMG Australia – Dr Brendan Rynne. In 2023, he was one of the 20% of Australian economists that believed there would be no recession in the technical terms (two consecutive quarters of negative growth in real GDP), but he advised that
- Published in Uncategorized
Why you should use specialist medical accountants in your medical practice (updated for 2024)
Tuesday, 27 February 2024
Working with an experienced team of specialist medical accountants can make all the difference when trying to deal with the complicated financial landscape of your medical practice. Utilising the skills of a team of specialist medical accountants to manage financial tasks such as tax returns, regulatory compliance and cash flow monitoring, enables you to concentrate
- Published in Business, Walshs Blog
The path to homeownership: Your first home buyer FAQ’s answered
Friday, 23 February 2024
Becoming a homeowner is a significant milestone that often begins with a myriad of questions, uncertainties, and excitement. For first home buyers, understanding the intricacies of the property market and navigating the mortgage landscape can be a daunting task. That’s where a mortgage broker becomes an invaluable ally, guiding prospective buyers through the complex process
- Published in Uncategorized, Walshs Blog
Preparing for a move into private practice
Friday, 02 February 2024
If you’re considering a move into private practice, the process can certainly be a daunting prospect. There are many decisions to make, including the navigation of any financial pitfalls and long term planning to ensure financial success. Whether it’s starting with the right business structure, finding funding to establish your rooms, or protecting your growing
- Published in Walshs Blog
Offsetting your Offset: The power of compounding interest
Tuesday, 23 January 2024
In the ever-evolving world of personal finance, making informed decisions about where to invest your hard-earned money is crucial. While traditional wisdom often advocates for paying down mortgages, there are times when embracing the potential of the stock market might be a more advantageous strategy. This blog post aims to explore why, especially in the
- Published in Walshs Blog
Navigating the best home loans for doctors – updated for 2024
Thursday, 18 January 2024
There are so many specialist doctor home loans on the market that deciding which is best for you can be a minefield. The specialist home loans for doctors available can offer a lower interest rate and require less deposit than most other home loans. In most cases the banks will also forgo LMI (Lenders Mortgage
- Published in Walshs Blog
