The Money Doctors

With the end of the financial year just around the corner, now’s the time to turn to all things tax. To help get your own house in order, in this episode we hear from Ricky Caldow and Mitch McKeown, both associate directors at leading financial services organisation the Bongiorno Group. They explain some of the important issues when lodging a tax return, including what you can and can’t claim.

The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals.  

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

It’s almost overwhelming the number of things you must keep in mind when it comes to tax. In this episode, Nick Fennessy, Director at the Bongiorno Group, goes through just some of the “blue moon” issues that crop up from time to time for practitioners. They include, crypto investments, overseas income, rental properties, and claiming the home office as a tax deduction.

The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals.

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

As we approach the end of the 2022-23 financial year, it’s important for established consultants to plan for their tax return, if they haven’t done so already.

The Bongiorno Group’s Associate Director, Ricky Caldow, and Director, Nick Fennessy, discuss some of the options available to help reduce your tax bill. They examine tax reporting issues include asset write-offs, superannuation, pay-as-you go contributions, and continuing medical education (CME) allowance.

The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals.  

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

At tax time, there are various rules around what you can and can’t claim as tax deductions. One area that’s particularly important for medical and dental professionals to understand is what’s called “a point too soon”. The Bongiorno Group’s Ricky Caldow and Mitch McKeown, explain the term: claiming a tax deduction that’s just too early to do so.

The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals.

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

From the 1 July 2023, important changes will take effect to the paid parental leave scheme, designed to give mums and dads increased support. Discussing the details, including the increase in income threshold for families, is the Bongiorno Group’s associate directors Vanessa Smith and  Ricky Caldow.

The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals.

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

For buyers of property, it’s been a relatively tough six months. There’s been a lot of ups and downs, as perceptions are clouded by what’s available on the market. How is Victorian property looking right now, and what do investors need to keep in mind for the near future? For insights, we hear from 1Group Property Advisory Director Julian Muldoon and Bongiorno Group Director Nick Fennessy.

The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals.  

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

With interest rates soaring, it’s becoming increasingly difficult for first home buyers to borrow money. What then are the options for those looking to get their toe in the door of home ownership? The Bongiorno Group’s associate directors Ricky Caldow and Mitch McKeown discuss the issue.

The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals.

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

In a climate of high inflation and cost-of-living pressures, this year’s federal budget announced by Treasurer Jim Chalmers was more anticipated than most. Nick Fennessy, Director of The Bongiorno Group, discusses the key take-outs for medical professionals.

The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals.

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.