Financial check-up
We provide advice in all areas of tax and financial planning, including:
- Efficient practice business structure
- Practice purchase and sale
- Personal services income versus business income
- Tax deductions for multiple cars, including cars with zero business use
- Correct way to engage non-owner practitioners
- Minimising or eliminating Payroll Tax
- Optimal use of trusts for asset protection and tax efficiency
- How to ensure government grants are received without tax beng levied
- Using superannuation to reduce tax and build wealth
- Self-managed superannuation funds including buying or transferring practice premises with or without borrowing arrangements
- Simple, effective, low cost investment portfolio construction
- Life insurance, income protection and critical illness insurance with no commissions
We offer a financial check-up to medical and dental practitioners. Firm principal, Matthew Perry, will visit you at a time of your choosing to discuss your financial situation. It can be after hours or on a weekend if more convenient.
Matthew is an accountant and financial adviser with over nine years' experience specialising in servicing the financial needs of medical and dental practitioners. He has over 30 years' total experience in accounting, tax and financial planning having commenced work as a 19 year old in the ATO in 1980.
Matthew commenced as a solo practitioner after ceasing to be a director of a large medical/dental specialist firm at the end of 2013. The move was prompted by a desire to work more closely with clients one on one. Too often he has heard the complaint: "The person I first met was great, but then I got passed from accountant to accountant and kept having to explain my situation over and over again. I lost the personal touch and felt like I was just a number".
Matthew offers an integrated tax, accounting and financial planning service. He is an Authorised Representative of Wealth Today Pty Ltd ABN 62 133 393 263, AFSL 340289. All financial planning recommendations will not involve the payment of commissions. In cases where commissions are received, such as for pre-existing financial products or insurance policies, they are rebated to clients in full monthly without any 'handling fees'. Matthew does not accept up front or ongoing/trail commissions as he believes that being remunerated by commissions or any other third party payments or inducements corrupts the relationship between an adviser and the client. The client should be the only person who pays the adviser a fee and the fee should not be dependent on the amount or type of investments or insurances.