We are specialist accountants for doctors, dentists and allied health professionals. With years of experience in medical accounting, we can identify opportunities to legally minimise your tax, provide structuring advice, assist with practice set-up, purchase or sale.
PRACTICE START UP
We want you to succeed, so we will help you do it right from the start. We assist with business structure, formation and registration, accounting software solution and practice finance.
CAPITAL GAINS TAX SPECIALIST
If you are a medical business owner selling or restructuring your practice or a property investor, we can help you get the most out of available CGT concessions and rollovers. We also assist other accountants with specialist tax advice and research.
TAX TIPS AND NEWS FROM OUR BLOG
From 1 November 2021, Directors of Australian companies will need to apply for a Director Identification Number (Director ID). Applying for a Director ID is compulsory.
Medical Practices are in the spotlight again over Payroll Tax obligations following the decision in Thomas and Naaz case.
Common types of income misreported or overlooked include Cryptocurrency Gains, Scholarships, Personal Service Income, Assessable Industry and Government Payments, Capital Gains.
Doctors incur a substantial amount of tax deductible expenses, some of which often get overlooked. We have summarised the top 10 most commonly forgotten tax deductions for doctors.
As the major tax deadline is approaching, there are a few important things that some taxpayers need to do before their tax return is due.
The ATO released Draft PCG 2021/D2 Allocation of Professional Firm Profits, which explains how the ATO intends to apply compliance resources when considering the profit allocation of professional firms.