EOFY 2026-27 Checklist for Doctors: Maximise Deductions Before June 30
For most doctors, tax planning happens in one of two ways: proactively, before 30 June, or reactively, in a slightly stressed phone call to their accountant in July. This checklist is for the first group. The 2026-27 financial year (1 July 2026 to 30 June 2027) brings a few genuine changes worth knowing about now, […]
How to Value a Medical Practice Before You Buy or Sell in Australia
Whether you’re a GP thinking about buying into an established practice, a practice owner considering succession or sale, or a specialist weighing up a partnership deal, the same question sits underneath all of it: what is this practice actually worth? Unlike a house or a car, a medical practice’s value isn’t something you can look […]
Trust vs Company: Which Structure Is Right for Your Medical Practice?
“Should my practice be in a trust or a company?” is one of the most common questions doctors bring to our tax and accounting team – usually right before buying into a practice, taking on a partner, or simply because they heard another doctor mention it at a conference. It’s a genuinely important question. It’s […]
ABN vs PAYG for Local Doctors: Which Structure Saves You More Tax
Almost every doctor who picks up locum shifts eventually asks the same question: should I invoice through an ABN, or just take the PAYG rate an agency or hospital offers? It sounds like a simple admin choice. It isn’t – it changes how much tax you pay, when you pay it, what you can claim, […]
QLD Payroll Tax for Medical Centres: What Brisbane GPs Need to Know in 2026
If you own or manage a medical centre in Brisbane, you’ve probably had at least one conversation in the last two years that started with “wait, we might owe payroll tax on contractor GPs?” You’re not imagining it – this has genuinely been one of the biggest compliance shake-ups for general practice in Queensland’s recent […]
Bookkeeping Services for Doctors: How It Saves Time and Reduces Errors
Ask most practice owners what they enjoy least about running a clinic, and bookkeeping is rarely far from the top of the list. It’s not clinical work, it doesn’t generate revenue directly, and it’s easy to deprioritise — right up until a payroll error, a missed BAS deadline, or a reconciliation gap turns into a […]
Medical Practice Tax Planning: What Australian Doctors Must Know
There’s a meaningful difference between tax compliance and tax planning, and most doctors only ever experience the first. Compliance is what happens once a year, after the fact – the return is prepared, lodged, and filed away. Planning is what happens throughout the year, before decisions are locked in, when there’s still room to actually […]
SMSF Services Australia: How Doctors Use Super to Build Wealth
By the time most doctors reach specialist level, they’ve spent well over a decade in training and often carry an income profile that puts them firmly in the top tax bracket. Superannuation, quietly, becomes one of the most tax-effective wealth-building tools available to them — and a growing number choose to take direct control of […]
Medical Business Advisor: How the Right Advice Grows Your Practice
Most doctors didn’t train for years in medicine so they could spend their evenings staring at spreadsheets, wondering why the practice feels busier than ever but the profit hasn’t moved. Yet that’s exactly where many practice owners end up – clinically excellent, commercially unsupported. Running a medical practice is a business, whether or not it […]
Medical Accountant Australia: Why Doctors Need a Specialist, Not a Generalist
A cardiologist wouldn’t refer a complex arrhythmia case to a GP simply because both are doctors. Yet many medical professionals do the financial equivalent every year – they hand a genuinely complex financial life to a general practice accountant who also does tax returns for cafés, tradies, and retail shops. It’s not that generalist accountants […]