Buying into a Medical Practice partly or wholly can be a very daunting task which is generally capital intensive, but when performed correctly it can create a great investment vehicle which will continue to provide community health for future generations. The purpose of completing a due diligence is to confirm the facts provided by the
July 2022 saw a number of changes to the superannuation rules and many will have a positive outcome for members of superannuation funds. The changes were announced and legislated by the Morrison government so it’s important to note that the new government will be delivering its first Budget in October 2022. The superannuation tax concessions could be
If you are considering taking the plunge into the world of medical practice ownership, knowing where to start can be the biggest challenge. Whether you are looking to buy in, take over or start a medical practice from scratch, Walshs specialises in the medical accounting and financial planning space and can help you make sense
With fuel prices on the rise, along with a global environmental awareness, the electric vehicle market in Australia has seen an exponential growth. For small business owners where business vehicles are a common asset with sizable deductions, it is important to know the differences between what can be claimed for a motor vehicle (MV) and
With the end of the financial year upon us, it’s a good time for rental property owners to look at different types of rental expenses and deductions. This can help to avoid common tax mistakes and save you time and money. In 2019–20, over 1.8 million Australians owned rental properties and claimed $38 billion in
Your team are the lifeblood of your medical practice and a key element to the success of your business. When commencing the process of employing staff, there are many factors that must be considered to prepare your business for the recruitment process and to manage the ongoing payroll and employment demands with ease, whilst still
In the world of investing, you may hear various levels of investors referred to as wholesale, sophisticated investors or retail investors in relation to a particular financial product or service. But what does that mean, how can you determine which you are and what are the benefits of each? In this article, Carolyn Duffy, Investment
This month, Walshs celebrates its 30th anniversary. It’s a significant milestone for the company which has grown to become one of Brisbane’s leading fully integrated financial services firms. “Our firm has come a long way since it was founded back in 1991,” Founder and CEO Michael Walsh said. “Watching the firm grow from three staff members