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Medical and Allied Health Accountant

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Your go-to accountant for health professionals

Your go-to accountant for health professionals

Medical professionals have financial concerns that are different from other professions.

That’s why we have a team of seasoned medical accountants who are experts in customising accounting services specially designed for doctors, dentists, and allied health professionals.

Setting you up for success

Setting you up for success

Let’s get your medical practice set up for success. Whether you’re a sole trader, trust, or company, our accounting services ensure the right structure is in place.

We handle bookkeeping, payroll, and provide expert tax advice and compliance. Let us take care of the numbers so you can focus on what really matters: providing excellent care to your patients.

Personal service income issues

Personal service income issues

PSI rules can be pretty confusing and complex – especially for medical practitioners, consultants, and service providers. However, our experienced accountants can help you make sense of it all.

Providing guidance on setting up your business structure, we help minimise potential tax liabilities, and our knowledge and expertise is invaluable when it comes to navigating any audits or investigations related to your PSI.

We know all about the complex tax laws and can make sure our clients are following the rules and getting the most financial benefit possible.

Plus, as doctors and healthcare workers, we understand how important it is to protect your assets. Trust us to help safeguard your hard-earned money.

Protecting your assets

Protecting your assets

As a medical professional, protecting your assets is crucial in your line of work.
Our team knows just how to set up asset-protected structures that keep your hard-earned assets safe from potential liabilities.

We’ll also work on optimising your cash flow and reducing your tax burden so you can keep delivering top quality care to your patients worry-free.

Your expert medical accountant

Your expert medical accountant

Want to keep accurate records and claim all allowable deductions? We can help with that too, along with preparing financial statements and tax returns.

With our taxation and accounting experience, we can provide expert advice on how to structure your business operations to minimise PSI risks.

Our accounting help can make your life easier by keeping you compliant with tax laws, reducing taxes, and taking care of all your obligations as a business owner.

Looking for top-notch medical accounting services?

Looking for top-notch medical accounting services?

Look no further than our team of experts. We know all the ins and outs of the industry and stay up-to-date on the latest tax laws affecting medical professionals.

Plus, we pride ourselves on taking a personalised approach with each and every one of our clients, tailoring our solutions to fit your specific needs.

Going above and beyond for our clients

Going above and beyond for our clients

Look no further than our team of experts. We know all the ins and outs of the industry and stay up-to-date on the latest tax laws affecting medical professionals.

Plus, we pride ourselves on taking a personalised approach with each and every one of our clients, tailoring our solutions to fit your specific needs.

Feeling overwhelmed and confused?

Feeling overwhelmed and confused?

Are you a healthcare professional feeling overwhelmed by the confusing world of finance? Don’t worry, we’ve got you covered.
Our team specialises in medical accounting services and can guide you through the complexities of your industry.

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Ask us how we can help you manage your finances and lighten your workload.

Medical & Allied Health FAQs

Altias has over 20 years experience in helping doctors, surgeons, dentists, specialists, physiotherapists, psychologists and other allied health professionals meet their compliance, asset protection and wealth creation needs.

As a medical professional, the income you earn is deemed as PSI and is classed as income derived by an individual as the result of his or her personal work or exertion. These services may be carried out by the individual as a sole trader or sometimes through a trust, partnership or company structure.

In most circumstances No. The ATO will look through any structure (sole trader, company or trust) that is in place to see how the income is derived. This is the key focus of the PSI legislation. If income is derived by the medical practitioner as a result of his or her personal work or exertion, this income is PSI and must be attributed to the individual performing the work. Altias Advisory can consider your circumstances and provide through advice on your situation if you feel as a medical professional you may be impacted by this.

Absolutely! Just as your patients come to you to help them know if they are healthy, Altias can assist your practice to help you answer these questions also. We can run tests and assess the health of your practice and share our findings with you to evaluate and improve the financial health of your practice.

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