In the fast-paced world of healthcare, managing a medical practice efficiently is no small feat. Between patient care, administrative tasks, and regulatory compliance, the financial side of your practice often requires expert attention. This is where outsourcing medical accounting services can make a significant difference, transforming how you run your practice. The Complexities of Medical
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
Salary Packaging provides you with a method of using pre-tax funds to pay for certain items with an eligible employer. If you work for a public benevolent organisation, you may be eligible for this benefit (e.g. Public Health, Research Institutes, etc.) What are the benefits Instead of your income being taxed, coming to you, 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
