8 min read
Dental practice owners can earn through salary, profit, or capital growth from selling their business. Many overlook the wealth potential of selling, focusing instead on traditional career paths and underestimating their entrepreneurial skills.…
5 min read
Medical fitouts can be complex, requiring thorough planning and expert execution to meet healthcare standards. SoulMED shares common challenges encountered during fitouts and offers practical tips to help you navigate the process smoothly.…
5 min read
Setting up or renovating a medical practice involves careful planning and budgeting to create a functional and welcoming space. SoulMED shares the key costs and factors to consider when building, renovating, or extending a medical fitout. …
5 min read
As the 2024 tax year winds down, we recommend taking time to consider your affairs for tax planning purposes. …
5 min read
As the 2024 tax year winds down, we recommend taking time to consider your affairs for tax planning purposes. …
5 min read
This year’s Federal Budget focussed on easing cost of living pressures, in the hope of pleasing the majority with next year’s election approaching. Here is a quick summary of the key announcements which could impact medical professionals .…
5 min read
A specialist dental accounting team, such as Amalgam Advisors, is essential when making significant financial decisions, to avoid costly mistakes down the line when you are looking to set-up your own dental practice.…
5 min read
The ATO announced an exemption on FBT on Electric Vehicles - subject (of course) to a few key conditions. Let’s take a look at what these changes are in the most recent article from Amalgam Advisors.…
5 min read
A recent court case has confirmed that payroll tax was correctly imposed on a medical centre. All medical businesses and GPs are now urged to consider the impact of payroll tax on their practice. We have summarised the key takeaways below.…
5 min read
Starting a medical private practice is an exciting time for many medicos and using incorrect business structures could expose medicos in terms of their asset and wealth protection. It is therefore important to ensure that the right steps are in place. …