McMasters’ acts for more than 1,000 doctors and dentists around Australia. We pride ourselves on the quality of our accounting and taxation services – they are at the heart of our entire process.
You and your business need quality financial records. Quality records allow you to easily meet all of your compliance obligations, such as taxation, professional obligations and the like. They also allow you to plan for and manage your entire financial portfolio as effectively as possible.
The best decisions require the best information, and your economic information is the most important of all. Our accounting service provides the quality financial information you need in order to succeed.
These services are complemented by our comprehensive tax planning. These services are another source of enormous pride for us. Over several decades we have proven our ability to legally minimize our clients’ tax liabilities through the intelligent use of ‘before the event’ tax planning. Not only does this mean our clients minimise tax – it also means that they can sleep comfortably at night knowing that they have met all of their tax obligations and not done anything silly.
What’s more, our tax planning is complemented by all other aspects of our service, such as financial planning. We don’t just show you how to save money – we show you how to get the most out of that saving by using it to enhance your wealth and well-being, in ways that keep you in control of your money at all times.
As of 2017, almost all working Australians can make a personal superannuation contribution for which they claim a tax deduction. For most people, this provides an immediate positive return on their investment. This article explains how to make the most of personal superannuation contributions.
Investment returns come in one of two forms. Different forms of investment return suit different investors. This article will help you decide which form of investment return you should be targeting.
When most people think of negative gearing, they think of property. But negative gearing can occur with any asset for which some or all of the purchase price is borrowed. This article provides a worked example of negative gearing using an Exchange Traded Fund (ETF) to buy a diversified portfolio of shares.