Australia

Working with over 1,600 medical clients across Australia and New Zealand, our advisors help GPs, dentists, specialists in all areas of practice to achieve their business and personal goals.

Below are some of the questions we’re most frequently asked.  To ask our team a question email health@williambuck.com

Do I need a company?

Does my medical practice have value?

How is a medical practice valued?

Should I engage GPs as contractors or associates?

Should I amalgamate my practice?

Can I pay my spouse a wage?

Can I claim travel for conferences?

Can I claim my car as a tax deduction?

When should I be thinking about succession planning?

From hospital to private employment the tax implications

Series 2

How should I structure my medical practice

Which financial aspects of a property lease do I need to consider?

What types of tax are there for equipment finance?

When establishing a practice, why is alignment so important?

What’s the valuation process when buying a practice?

Why is due diligence important when buying a practice?

Should I join a group practice or start my own?

What service fee models are fair and sustainable?

What should I consider when purchasing my first home?

How do I prevent fraud in my practice?

Why do I need to budget for my practice?

Part 1 – How to structure a share purchase?

Part 2 – How to structure a share purchase?

How does negative gearing work?

What home office expenses am I entitled to claim?

Latest insights from our Health team

12 July 2021 | Minutes to read: 2

Home office expenses | Junior Doctors

It’s time to take an in-depth look at tax deduction opportunities you may be missing – home...
12 July 2021 | Minutes to read: 2

Tax Basics for Junior Doctors

Have you been confused by how the taxation system works in Australia? In this article, we are...
17 June 2021 | Minutes to read: 2

Indonesia’s digital health boom and the opportunities for Australian healthcare providers

This article is part of an ongoing ‘Asia Pacific Insights Series’, co-authored by Elvina Tio, Sandy Lam...
31 May 2021 | Minutes to read: 2

2021 year-end tax planning tips for medical specialists

It is hard to believe that we are in June already, and with only four weeks until...
28 May 2021 | Minutes to read: 2

Federal Budget explained for medical specialists

This article was first published on the LinkedIn Business Page of The Professional Medical Practice on the...
26 March 2021 | Minutes to read: 2

Practical Compliance Guideline 2021/D2 – the allocation of professional firm profits

The long-awaited update from the ATO on the allocation of profits for professionals has now been released...

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