Australia

We’re more than just accountants, we’re specialist advisors to the medical industry.

Each office across William Buck has a dedicated team that specialises in the health industry. Working with over 1,800 clients across Australia, our advisors help practitioners and health care corporates achieve their business and personal goals.

While we can assist in many ways, we recognise that to really help our health clients we need to understand more than just the tax laws and regulations.  We need to immerse ourselves in the industry.  As active industry participants, we provide seminars and educational courses for practitioners, host round table lunches connecting industry leaders with regulators and innovators in the market, and work with our clients to ensure their needs are represented.

 


360 Degree Support

Bringing together advisors from Business Advisory, Wealth Advisory, Tax and Superannuation; our team works seamlessly behind the scenes to ensure that careful consideration is given to all areas of your business or practice and personal financial affairs.

Accessibility to our advisors and the timely response to your questions are what we are known for. And, as your circumstances change, our advice will continuously adapt to your evolving needs.

The hands-on approach and accessibility of our advisors ensures that you receive 360 degree support at all times.

How we can help

With deep industry knowledge and expertise, we’re recognised as the go-to accountants and advisors for the medical industry and can help you to achieve your business and personal goals. We can assist with:

  • General tax compliance (tax returns, financials, BAS), bookkeeping including payroll and State and Federal tax reviews and audits
  • Strategic planning; practice establishment, benchmarking and structuring
  • Wealth management, and much more.

Who we serve

We work with over 1800 medical industry clients in Australia, with our core health client base including General Practitioners, Specialists and Dentists.

We are strong advocates for the industry and host educational workshops in partnership with the RACGP and other partners, and webinars with CommBank, exploring its GP and Dental Insights reports.

Recognised as some of the leading spokespeople on industry matters, our health services team often presents at conferences and provide media commentary on issues impacting the industry.

FAQs for medical professionals

Our advisors have compiled a series of short videos to answer frequent questions regarding:

  • Structuring your medical practice
  • What you’re entitled to claim at tax time
  • Taxing equipment finance
  • Practice valuations
  • Purchasing your first home
  • Preventing employee fraud, and more.

View more >

Resources

GP Insights Report 2023
The CommBank 2023 GP Insights Report examines how practices are responding to the operational, financial, and patient-led forces that are reshaping primary care.

Dental Insights Report
CommBank Health and the Australian Dental Association’s report examines how practices are responding to the industry’s top challenges in pursuit of a competitive edge.

Latest insights from our Health team

Navigating succession planning: key considerations for taking on a partner in your medical practice
12 December 2023 | Minutes to read: 2

Navigating succession planning: key considerations for taking on a partner in your medical practice

It’s a common scenario, you've been running a successful practice for many years and are starting to...
Elevating dental practices: the essential role of Virtual CFOs
21 November 2023 | Minutes to read: 2

Elevating dental practices: the essential role of Virtual CFOs

Running a successful dental practice requires careful planning, excellent patient care and effective management. While the quality...
Personal Services Income: the fact from the fiction
18 November 2023 | Minutes to read: 2

Personal Services Income: the fact from the fiction

As business advisors who work closely with medical professionals, we wish to highlight some common misconceptions about...
What is a Motor Vehicle Logbook and why is it important?
10 October 2023 | Minutes to read: 2

What is a Motor Vehicle Logbook and why is it important?

Do you use your car for job-related duties or to run your business? If you do, you...
Payroll tax for medical practices: a state-by-state analysis
19 September 2023 | Minutes to read: 2

Payroll tax for medical practices: a state-by-state analysis

Several Australian state revenue offices have provided payroll tax rulings that aim to clarify the respective state’s...
How practices and providers can benefit from Australia’s new MyMedicare model
12 September 2023 | Minutes to read: 2

How practices and providers can benefit from Australia’s new MyMedicare model

Australia’s new MyMedicare voluntary registration model aims to strengthen the relationship between patients and their providers, with...

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