Back in November, I presented a workshop to the Professional Association of Residents of British Columbia (PAR-BC) on transitioning from residency to practice. With the final year of residency coming to a close in June for many, how to prepare for practice is a trending topic.
I have attached a pdf copy of the detailed workshop notes here:
Transition to Medical Practice
The workshop covered a diverse range of topics including registration issues, remuneration options, income tax and accounting issues, incorporation, and basic financial planning. I will be covering incorporation for doctors in another presentation in June, and will be doing a series of posts on The Professional Edge on incorporation for doctors, dentists and other health professionals.
If you have any questions, please contact me. You may also want to consider joining the Tax and Financial Planning for Medical Residents and New Doctors (Canada) discussion group on LinkedIn. The group is open to all medical residents and physicians and provides the opportunity to ask financial questions and share your experiences with others.
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