Phil Griffiths 
If you are a medical practitioner, you are more likely to spend more time working. However, your unique skills will not protect you from losing money. You are more likely to lose more money paying unwanted taxes. It is better to hire a specialised tax accountant to prevent you from paying unwanted tax and save … Read more
At Griffiths Advisory, we understand the complex financial needs of medical professionals and doctors. If you are one of the medical professionals who have the stress of complex financial needs, the best solution is to hire a specialised tax accountant to help achieve your personal and business goals. We help medical professionals secure their financial … Read more
Specialised tax accountants help doctors and medical practitioners perform tax accounting duties and prepare quarterly and annual tax provisions. They help doctors and medical practitioners minimise their tax and position them to grow real wealth.However, many doctors and medical practitioners do not know about the services of specialised tax accountants since they spend more time … Read more
The world of finance has many roles and terms that all entrepreneurs need to understand. This is because even small businesses need financial and tax services at one point or another. Terms such as bookkeeper and tax accountant, for example, are often used interchangeably, even though they are not the same. How so? This article … Read more
Small business owners dread the end of each financial year because of the tax bill stress they undergo. This is because many small businesses struggle financially and some even end up closing down because of financial distress. That said, it is fundamental to save every coin by reducing expenses such as tax bills. A Perth … Read more
Small business owners need all the help they can get. Hiring a tax accountant in Perth for a business is probably one of the best business decisions an entrepreneur can make. It is important to delegate some tasks so that they can focus on the overall growth of your business. That said, below is a … Read more
Managing one’s Super account is possible through a Self-Managed Super Fund or SMSF. Since managing SMSF is not taught in schools, there is a lot of confusion about what one can do or cannot do with their Super account. To save time and get expert advice, an SMSF accountant in Perth should be on your … Read more
SMSF Lump Sum Withdrawals If you meet the conditions, then you certainly can. However, if you are thinking of withdrawing money from your self-managed super fund, it is vital to know some key points. One of them is Lump Sum Withdrawals. It refers to the amount found from your SMSF that does not fall under … Read more
How much is needed? The minimum viable SMSF balance is more about sustaining the costs required rather than the balance itself. For a small family, it could be around $300,000, while for bigger families, it could reach more than $500,000. SMSF’s annual costs range approximately $1,650 upwards. when referenced with 1% fees as a precaution, … Read more