We take as much care of your finances as you take of your patients. At Accountants Plus, we know the special financial challenges that health professionals face: As a self-employed professional, you need a business structure that protects your assets and income, and minimises taxation. You have to be able to realise tax benefits by purchasing your consulting rooms. Your career has a number of distinct phases, between which your earnings vary significantly. Insurance is a major expense for you, and the threat of losing your income is very real.
At Accountants Plus, many of our clients are doctors, dentists and allied health professionals. We understand your special financial needs, but more importantly, we understand what makes you tick. We know how important it is that your financial and taxation records are accurate, thorough and up to date.
We treat your money with the same rigorous attention to detail with which you treat your patients.
Whether you're a sole practitioner or a multi-physician practice, we offer strategic and technical advice on how to establish, grow and manage a successful practice. We also offer advice on:
-whether to structure as a trust or proprietary limited company;
-mechanisms to share profits;
-channel capital expenditure;
-business succession planning.
Because we're partnered with a financial advice firm, we take your whole financial picture into account, with advice on investments, superannuation and insurance.
Many of our clients in the health industry choose to create self-managed superannuation funds (SMSF). This gives them greater control over their retirement savings, and the opportunity to undertake unique tax-effective strategies such as purchasing their consulting rooms through their SMSF, then effectively paying rent to themselves. To create and administer a SMSF effectively, you need a specialist. Accountants Plus have specialist qualifications in self-managed super, we have a dedicated SMSF accountant on staff, and because our client base consists of doctors and other successful professionals, we have deep experience in successfully setting up and administering high-performing self-managed funds