Introduction to Discretionary Trust
A discretionary trust is also known as a family trust. This is significant because the beneficiaries are all, or predominantly, members of the same family. The name ‘discretionary trust’ is derived from the role performed by the trustee.
Guide to Engaging Doctors
Most GPs, other than hospital GPs, are not employees. The industry standard is for each GP to run their own medical practice, billing their own patients, and paying a management fee to a host practice.
5 Considerations Before Investing in an Index Fund
Index funds are a form of managed fund, but they are very different from the others. For reasons discussed within this article, the name ‘managed’ fund might be a misnomer.
Labor’s proposed changes to negative gearing and CGT discount
Labor has announced that if they are ushered into Government at the next federal election, they will (amongst other things) stop negative gearing
Guide to Medical Practice Co-Ownership
Most practices involve some form of co-ownership, and the frequency of co-owned practices is increasing as practices become larger. The owners may be the GPs themselves, or trusts or companies controlled by the GPs. The practices may be set up as partnerships, associateships, companies or trusts (unit trusts or hybrid trusts). With so many variables in the ownership equation the number of possible outcomes is almost unlimited.
The Essential Numbers For Setting Up A Medical Practice
Setting up a new medical practice requires considerable planning, time, and often financial investment. It is critical to plan ahead, not just on the physical aspects of the medical practice such as the location, [...]
Ten Principles of Investing
We stand by our ten principles of investing, and they have been our investment philosophy for more than a decade.
The Different Structures Available For Your Medical Practice
The structure of practices can vary significantly according to needs. Each structure has different advantages and disadvantages covering the level of autonomy, risk, responsibility and cost.
Single Touch Payroll will change the way you report your tax and super
Single Touch Payroll (STP) is a new way for employers to report tax and super information to the ATO. It starts from 1 July 2019 for employers with 19 or less employees.