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Bookkeeping tips for medical businesses

Tue Apr 20 2021

Medical business owners are constantly juggling tasks from accounting and finance, to marketing and sales, to staffing and everyday tasks, and if you’re a doctor running a clinic you also have patients to see. To help you reclaim your time, we have identified our top tips on how the latest accounting software can help increase efficiency in your bookkeeping process.

ATO increases scrutiny on medical professionals

Tue Apr 20 2021

The Australian Taxation Office (“ATO”) has released long awaited draft guidance for professionals, including those in the medical field. Unfortunately, the revised draft guidance is likely to increase scrutiny on medical professionals compared to previously published guidance from the ATO.

Client Case Study: Strata Amalgamation and Sale

Wed Mar 31 2021

There are many factors to consider when selling a property. Particularly where multiple parties are involved who might not be able to reach an agreement.

Are you fulfilling your Director duties?

Tue Mar 30 2021

Taking on the role of director of a company is not a decision to be taken lightly as the position holds a great deal of responsibility, and potentially personal liability, although the latter is not always evident initially.

Easy bill and receipt capture with Hubdoc

Thu Mar 25 2021

Pilot advisors will help you streamline and automate tasks while giving you access to business insights and real-time data to make better business decisions.

Rental Property Checklist

Wed Feb 24 2021

If you own a rental property, below is a checklist to assist you when gathering the information you need to prepare your tax return.

Changes to Single Touch Payroll (STP) reporting

Wed Feb 24 2021

As of 1 July 2021, businesses are required to report payments to closely held employees through the Single Touch Payroll (STP) system.

Checklist for self-employed doctors

Wed Feb 24 2021

Below is a helpful checklist of areas to consider for self-employed doctors when moving into private practice.

Statutory Demands

Thu Feb 18 2021

A statutory demand is a formal written demand for payment of a debt owed by a company to a creditor. A creditor can issue a statutory demand to a company for a debt that is $2,000 or more.

Advisors beware: Delay could reduce restructuring options for distressed SMEs

Thu Jan 28 2021

Advisors are being warned to seek advice early or risk reducing the number of options available to their clients looking to use the simplified insolvency process.

Simplified small business restructuring process

Wed Dec 16 2020

A simplified restructuring process is available to eligible small businesses. Businesses and their advisors are being encouraged to prepare now and contact our qualified Small Business Restructuring Practitioners (“SBRPs”).

New small businesses restructuring process for your clients from 1 January 2021

Wed Dec 16 2020

From 1 January 2021 a simplified restructuring process is available to eligible small businesses. Businesses and their advisors are being encouraged to prepare now and contact our qualified Small Business Restructuring Practitioners (“SBRPs”).

Stay Informed

Stay updated with our tailored newsletters and alerts. Explore insights on accounting issues affecting your business and industries, along with firm updates.