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TAX, FINANCE AND BUSINESS INFORMATION SPECIFICALLY FOR PSYCHOLOGISTS
Accountant for Psychologists Blog Posts


What exactly is a BAS statement?
A Business Activity Statement (BAS) is a form that businesses in Australia are required to submit to the Australian Taxation Office (ATO)...


How to keep personal tax records
Maintaining adequate and well-organized records is essential for taxpayers, as the burden of proof rests upon them in the event of any...


What you need to know about Trauma Insurance
Trauma insurance is a type of personal insurance that pays a lump sum benefit if you experience a major illness or injury. Unlike TPD...


TPD Insurance - What you need to know
Total Permanent Disability insurance, or TPD, pays a lump sum if you become totally and permanently disabled because of illness or...


Revisiting your Mortgage in times of Inflation
With interest rates rising it’s a good time to take a close look at your mortgage to make sure you’re getting the best deal possible....


4 types of Personal Insurance a Psychologist needs
Your greatest financial assets as a psychologist are your health and your capacity to generate income. We understand that no one likes to...


Life insurance - 6 things to consider for psychologists
What exactly is Life Insurance? Life insurance, also commonly known as Death Cover, pays a lump sum of money when you die. The money goes...


Vehicle Tax Deductions for Psychologists made easy
The Golden Rules of claiming a tax deduction for any work‑related expenses are: • you must have spent the money yourself and not...


Professional Indemnity Insurance for Psychologists
Professional Indemnity Insurance (PII) protects you and your business against claims for alleged negligence or breach of duty arising...


How to change your accountant in 4 simple steps
Making the decision to change accountants can be a significant step for a business. But rest assured, it's a common practice and a...


6 ways Psychologists can Manage Risk
When running a service-based business like a psychology practice, managing risk is crucial to protect yourself and your clients. Here are...


Key Considerations for Psychologists Choosing Accounting Software
As a business owner, you already have a lot on your plate, juggling different roles within your company. One important role that cannot...


What to do if a psychology client doesn't pay their fees?
The most satisfactory way to deal with this is by putting preventative measures in place to prevent it from happening! Prevention From...
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