Tag: finances

Practice Management: The fog of raw vet financials

For those of you unfamiliar with vet practice financials, you may be forgiven for thinking that if you’ve seen one, you’ve seen them all. That they all follow a similar structure or template, and that the practice’s income and expenses will always be labelled somewhat consistently from practice to practice. […]

ATO announces $2k cap on self-education expenses

An Australian Government announcement that tax-deductions for work related self-education expenses will be limited to $2000 per person per year penalises well intentioned vets, according to the Australian Veterinary Association. The cap, which comes into effect on 1 July 2014, is designed to yield savings to help fund the Government’s […]