Medical Finance Service Assists Medical Professionals Manage and Invest Their Finances
Online, September 11, 2011 (Newswire.com) - Health professionals and doctors have busy schedules and demanding workloads. When it comes to medical finance, many of them may do not have the time or inclination to effectively manage their finances or assets. Understanding the need to assist and address the specific requirements of health professionals, a new financial firm called MEDIQ is helping bridge the gap for Australian doctors.
Taxes in Australia are constantly changing, and it requires nearly full-time study to keep up to date with current legislation relating to the medical profession. Some accountants and financial planners might not have the specialization needed to address specific needs for doctors and health professionals. MEDIQ aims to be a one-stop shop for medical professionals in Australia providing a range of services covering all area of finance to assist doctors with managing their entire operation.
With MEDIQ's core service being accounting and tax strategy, their medical accounting expertise are able to help doctors create tax effective structures for medical practices in addition to minimizing their taxation burden. MEDIQ can also help with asset protection as well as income protection and life insurance for doctors.
Being affordable and comprehensive, the income protection from MEDIQ allows doctors to have the security of having a monthly benefit paid should the practitioner not be able to work. Also, life insurance will be able to provide financial security to protect an individual's family in case of an unfortunate death or illness.
The financial planning side of MEDIQ can assist individuals increase their income and grow their wealth. Whilst many doctors do not have enough time to manage investments, MEDIQ can help create a plan that involves creative ways to cut spending, increase savings and establish a secure portfolio in the current tax environment. Doctors in need of additional cash flow can take advantage of the loans available from MEDIQ. Loans can help aid a practice with its expansion or major purchases. With the ability to source the better rates than conventional financial institutions, MEDIQ has become a viable option for those looking to way to increase their cash flow.
With all the services available, MEDIQ is making waves in the financial sector in Australia. Its primary objective is to help medical professionals in Australia leverage their expertise in managing and structuring all financial aspects of their profession. MEDIQ offers assistance in Tax Compliance, Cashflow Management, Investment Management, Debt Management, Risk Management, and Estate Planning.
Doctors looking for an affordable and effective solution to help manage their finances can visit http://www.mediqfinancial.com.au/ for more information on how MEDIQ can help.
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Tags: medical accountant, medical finance, medical financial services