Safeguard and Grow Your Medical Business
Juggling financial management as a medical professional and business owner can be incredibly challenging. Without the right approach, you might overlook essential strategies that safeguard your financial future, potentially leading to late tax returns, missed salary packaging benefits, confusion over financial statements and tax laws, and setbacks in reaching your financial goals.
This is why partnering with a financial advisor who understands the unique challenges of the medical industry can be incredibly valuable. Our specialised medical accountants have in-depth expertise in the financial needs of healthcare professionals. We offer a comprehensive range of accounting services tailored to help medical practitioners achieve their financial goals.
Experienced Medical Accountants for Healthcare Professionals South Yarra
Medical professionals make a significant impact on our community. We are committed to supporting those in the medical industry in achieving their financial goals. As your trusted accountant, we provide expert advice across all aspects of medical accounting.
Our director, Lawrie Carrozza, has a wealth of experience in providing medical accounting support. He assisted in creating a tax and wealth education program for medical professionals. This was first accredited with the Royal Australian College of General Practitioners (RACGP), earning doctors 40 CPD points for a one day course.
In addition, Lawrie contributed to the development of an accredited tax and wealth creation course for the following organisations and has been a speaker and presenter for them for nearly three years:
- RACGP – Royal Australian College of General Practitioners
- ADIA – Australia Dental Institute Association
- AAPM – Australian association of Practice Management
- ACRRM – Australian College of Rural & Remote Medicine
How Can Medical Accounting Services Help?
Whether you are beginning your medical career, have been working in the medical field for over a decade, or have acquired your own medical clinic or medical practice, having access to an experienced and friendly team of medical accountants can do wonders for your personal finances and/or your business growth. Our financial advice is based on relevant, up-to-date knowledge and requirements alongside years of experience to deliver stress free guidance to put you on the right track.
Foresight Accounting deeply understands medical professional accounting and taxation issues. We know the difficulties and the goals medical professionals can have. From tax returns, tax laws and income tax, to cash flow, superannuation obligations and client billing, there are many areas in which our experienced team and financial services can help you.
Areas where we can provide support include:
- Developing the optimal tax structure, like family trusts, to enhance asset protection and financial security.
- Setting up a property trust to enhance asset protection.
- Exploring tax returns, deduction opportunities, and income distribution methods for contracting medical professionals.
- Helping medical professionals capitalise on property and investment opportunities.
- Supporting medical professionals in creating a self-managed superannuation fund and utilising it to grow a robust property investment portfolio.
Financial Services for Medical, Dental and Other Medical Services
The financial management of medical practices demands industry-specific accounting expertise. Foresight is here to support clinics and practices with:
- Expanding your practice’s fee base and leveraging internet marketing.
- Doctor recruitment for your practice.
- Helping you access funding to purchase a practice or ownership shares in one.
- Providing professional valuation advice for the practice or practice units you are looking to acquire.
- Undertaking valuation of the practice or the units you are selling.
- Guiding you on how to maximise the value of your medical practice.
- Supporting you with strategies to maximise the worth of your medical practice.
- Helping you implement and optimise the Xero bookkeeping system for your medical practice.
Why Choose Foresight Accounting as Your Medical Accountant in South Yarra
We are committed medical accountants who go above and beyond to support you, so you can concentrate on delivering the best possible care to your patients. Here’s why Foresight is the right choice as your medical accountant in South Yarra:
If you're looking for expert accounting advice closer to your area, we also provide medical accounting services across a range of suburbs in and around Melbourne.
Personalised Advice
Financial planning and management are areas that require tailored guidance and action. We consider your goals and needs and work alongside you to help you reach your target outcomes.
We Go the Extra Mile
We support you every step of the way in securing your financial future. With our in-depth expertise in business accounting and a strong understanding of the medical industry, we provide high-quality financial advice, ensuring every detail is covered.
Open Communication
Investing in your future should come with certainty, not surprise costs or unclear terms. We offer a free, no-obligation consultation and fixed fees, so you always know exactly what to expect from our advice and financial services.
Plan with Foresight: Your Medical Accountant, South Yarra
Every medical doctor and other medical professionals deserve sound, comprehensive financial advice. Whether you require guidance to prepare tax returns for your medical facility, assistance in developing the most suitable tax structure for your medical business, or advice regarding personal finances and goals, Foresight Accounting is here for you.
FREE NO OBLIGATION CONSULTATION
Phone 1300 120 220 or book online to reserve your space!