Medical & Healthcare
Accounting Built for Medical Professionals
GST-free income, practice structure, contractor doctors and superannuation — we understand the financial complexity of running a medical practice.
Medical professionals and healthcare practice owners face a unique set of accounting challenges that general accountants frequently mishandle. From GST-exempt income to contractor versus employee doctor structures, ANH Accounting provides specialist accounting for medical practices across Sydney.
The accounting challenges medical & healthcare face
We have seen these issues repeatedly — and know exactly how to resolve them.
GST-free medical income
Basic medical services are input taxed or GST-free. Practice management fees, ancillary services and consumables may attract GST. Incorrect classification affects every BAS you lodge.
Contractor vs employee doctors
Whether a doctor is a contractor or employee determines PAYG withholding, super obligations, and liability exposure. Getting this wrong creates significant back-liability with the ATO.
High-income superannuation planning
Medical professionals are often high earners. Concessional and non-concessional contribution limits, Division 293 tax, and SMSF strategies all need careful planning each financial year.
Practice expenses and equipment
Medical equipment, practice fit-outs, and professional expenses involve complex depreciation and instant asset write-off rules. We ensure every legitimate deduction is captured.
What we do for medical & healthcare
- Practice bookkeeping (Xero)
- Payroll for doctors, nurses and admin staff
- BAS / IAS lodgment
- Business structure advice (company, trust, partnership)
- Superannuation & SMSF advice
- Annual tax returns
- Tax planning for high-income earners
- ATO correspondence
What you can expect
Correct GST treatment on every BAS
Contractor/employee structure documented and compliant
Maximum legitimate deductions captured annually
Super strategy aligned with high-income tax position
Why medical & healthcare choose ANH Accounting
Start with a free 30-minute session
We review your situation, identify savings opportunities, and outline exactly what we can do for your medical & healthcare business — no charge, no obligation.
After hours & weekend appointments available
Common questions from medical & healthcare
Are medical services exempt from GST?
Most basic medical services provided by registered health practitioners are GST-free under the GST Act. However, cosmetic procedures, some specialist consultations billed privately, and practice management fees may attract GST. We review your billing structure and ensure every BAS is correctly classified.
Can a GP or specialist use a company or trust structure?
Yes, subject to the personal services income (PSI) rules. If income is genuinely from business activities rather than personal services, a company or trust structure can provide significant tax benefits. We assess your specific situation and advise on the most appropriate and defensible structure.
What can medical professionals claim as tax deductions?
Common deductions include medical registration and membership fees (AHPRA, AMA, specialist colleges), professional indemnity insurance, medical equipment and depreciation, CPD and conference expenses, medical journals and reference materials, and a portion of home office expenses where applicable. We ensure every legitimate deduction is captured.
Do you work with allied health providers?
Yes. We work with physiotherapists, psychologists, dentists, optometrists, and other allied health professionals. Each has specific GST and billing considerations we understand well.
Ready to get your accounting handled properly?
Book a free 30-minute session with ANH Accounting. We'll review your current situation, find opportunities, and tell you exactly what we can do for your medical & healthcare business.
Registered Tax Agent RN 26258346 · IPA · IFA · CPA · CA · Xero Certified · Est. 2018