What does ‘a point too soon’ mean?

from The Money Doctors Hosted by Bongiorno Group

At tax time, there are various rules around what you can and can’t claim as tax deductions. One area that’s particularly important for medical and dental professionals to understand is what’s called “a point too soon”. The Bongiorno Group’s Ricky Caldow and Mitch McKeown, explain the term: claiming a tax deduction that’s just too early to do so. The Money Doctors Is proudly brought to you by leading financial services organisation the Bongiorno Group – the preferred choice for medical and dental professionals. For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/ This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.