We are proud to announce that Walshs has recently gained another incredible accolade having been named the winner in the category of ‘Self-Licenced Firm of the Year’ at the recent IFA Excellence Awards held on the 16th November in Sydney. These awards celebrate the best and brightest in the financial services industry nationally and we are thrilled to be
Being a Junior doctor can mean you’re income is spread thin across training fees, relocation costs and exams fees making it hard to save for a home. And with most banks requiring a 20% deposit to avoid the pricey Lender’s Mortgage Insurance (LMI), the hope of homeownership for many aspiring doctors is often a distant
On the evening of Tuesday 25 October 2022, Australia’s Treasurer, Jim Chalmers, delivered the nation’s 2022-23 Budget, Labor’s first since taking office earlier this year. While the Budget features a couple of key proposals aimed at providing cost-of-living relief for young families, it had a fairly light touch in the areas of taxation, superannuation and
Are you considering establishing your own private practice? There are a number of general and professional factors to cover to ensure you get it right. Julian Muldoon, Director and Founding Partner of 1Group Property Advisory provides us with some key considerations to think about when it comes to this big decision. There’s an incredibly important
It is becoming increasingly popular for clients to buy property, subdivide and/or rebuild and then on-sell the property. The tax implications that result from these transactions can vary depending on the type of project undertaken, so careful consideration needs to be given to the factors that indicate the intention of the transaction/s. There are three
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
As we move towards the end of financial year, it becomes important to look at your tax planning and ways that you can maximise your tax savings. These tax planning tips for individuals and businesses will help you cover off some important considerations before the end of the 2021-2022 financial year. RECORD KEEPING Taxpayers are required
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
