When Insurance is not Insurance

by Dr Jonathan Brown | Aug 2, 2017 | Advice, Financial advice for Doctors, Insurance

Paul Fitzgerald writes for us this week on Cybersecurity and the possible effects of the new legislation that comes into effect in February 2018 Recently, I had a discussion with a medical doctor about privacy, security, insurance and other things. For this blog,...

Understanding Tax deductions for Rental Properties

by Dr April Armstrong | Dec 21, 2016 | Advice, Financial advice for Doctors, Property, Property investment, Taxation

Understanding tax deductions against rental income can provide insight into the value of a potential investment. It can also avoid expenditure on upgrades and renovations that may not be tax deductible in the year they are incurred. Most investment properties are...

To fix or not to fix, that is the question! Mortgages rates explained

by Dr April Armstrong | Dec 14, 2016 | Advice, Banking, Borrowing money, Financial advice for Doctors, Investments, Property, Property investment

by Dr April Armstrong Having purchased a number of residential and commercial properties I have always sought to understand the benefits and risks of fixing interest rates. Interest rates have been low and affordable over the past 10 years. My increasing income as a...

Common Tax Deductions for Doctors

by Dr Jonathan Brown | Nov 30, 2016 | Advice, Business, Taxation

[apss_share] This article has been written by Brentnalls SA, Chartered Accountants and Advisors.   How Doctors can reduce their tax bill One of the simplest and most effective ways a Doctor can minimise their tax bill is by being aware of the available tax...

What is capital gains tax?

by Dr Jonathan Brown | Nov 15, 2016 | Advice, Capital gains tax

When an asset is sold for a profit, capital gains tax (CGT) is applied. This asset can be in the form of property, shares or vacant land purchased after 21 September 1999, and CGT is calculated on the difference between the purchase and sale price.   Capital...

Buying Your First Property – Investment or Owner-Occupied

by Dr Jonathan Brown | Nov 15, 2016 | Advice, Landlords insurance, Property, Property investment, Retirement planning, Taxation

Full-time university is over and you have avoided the temptation. There are frequent offers of student advancement based on your future financial viability There are potentially a few bills due that has crept its way into your final few years that need to be cleared....