Tag self-employed
Self-Employed Support – JobKeeper Payment Over the weekend the has Government provided clarification on the eligibility of the JobKeeper payment for business owners themselves. A significant number of business owners aren’t paid a salary or wage. They receive income as a partner or by way of a trust distribution or dividends.
Income Protection (IP) is a policy most medical professionals are aware of but if you are self-employed, do you have the right policy to cover ongoing fixed expenses of the practice? IP covers up to 75% of your gross income but it doesn’t provide additional cover for things like rent, administration wages, equipment leases, net
The majority of medical professionals are aware of the importance of Income Protection (IP) and have the relevant policy in force, however; there is only a small portion that have their fixed business costs covered. Business Expense Insurance (BEX) is a policy designed to replace up to 100% of eligible fixed business expenses such as