Dino Miliotis

When it comes to starting your own private practice, there are many financial and legal considerations you need to think about. Join expert DPM lending accountant Eyal Judah and DPM tax principal Dino Miliotis as they answer your burning questions. With their specialised medical industry knowledge and decades of experience, they’re well-positioned to discuss the […]

Dr Jane is a cardiologist in private practice working as a sole-trader under her professional ABN. She is registered for GST and completes her quarterly Business Activity Statements (BAS).  A separate service entity runs the clinic rooms including employing staff, paying rent for the premises and providing the clinic fit out and equipment, with the […]

Going from Senior Registrar to Surgeon isn’t only about your surgical skills   Being a senior registrar brings additional responsibilities when it comes to your role and the work environment you’re in.  Suddenly, you find that you are the “go-to” person on the ward for increasingly more of your junior colleagues and it often also […]

Understanding debt recycling for your private practice Proactively structuring and managing your borrowings can significantly reduce your overall cost of debt. When running a medical private practice (including operating as a sole-trader), like any business, you will be responsible for all business decisions including; how to fund acquiring capital items (e.g. equipment, furniture and premises […]

Table of Contents What is a medical fellowship? Planning a medical fellowship Mentoring Applying for a medical fellowship What to expect from a medical fellowship Undertaking an overseas fellowship What is a medical fellowship? Following years of study, internship, residency and training as a registrar you are finally in a position to begin your professional […]

Investing in anything presents risk and in the hope of accumulating some wealth, one may overlook the impact of that investment decision on their financial future. Being in a ‘high-risk’ profession, many doctors will consider tax structuring for different reasons. Asset protection is a common one where many doctors will discover – often too late- […]

The journey of entering private practice is filled with exciting new prospects as well as important considerations, tax and legal obligations, added pressures of becoming a business owner and more. We talk about the important things doctors need to consider when setting up or joining a medical practice, specifically surrounding becoming an employer and the […]

Going through a divorce or relationship dissolution can be a challenging time irrespective of whether both parties are amicable. Aside from legal implications (read Doctors and Divorce – Understand the legal journey ahead) and financial planning/insurance considerations (read Doctors and Divorce – Think current AND future financial position), there are a few divorce taxation issues […]

Technology is a powerful tool in organising records and assisting with your tax compliance. It has also allowed the Australian Tax Office (ATO) to more effectively target its audit activity and improve efficiency in data matching projects. As a result, we have noticed increased activity by the ATO in flagging income tax returns for further […]

The rising cost of private health insurance has prompted many people to reconsider whether taking up or maintaining health insurance cover is financially beneficial. There are several government incentives encouraging individuals and families to take up cover while penalising those who do not, in particular ‘higher income earners’. The incentives and penalties affect your hip-pocket, […]

Do I really need an accountant to prepare and lodge my tax return? The short answer is – it really depends on your circumstances. Taxation can be a complex area of knowledge relying on a mixture of legislation and case law where “the devil is in the detail”. Changes can occur from year to year […]

Australia is a popular destination with expat medical practitioners chasing the sun, sea and a lifestyle change. Getting their head around the Australian tax system can be a daunting task for new migrants, especially those who are only here for a short period. Here are some of the things to be aware of when you’re […]