Accountants for Medical & Health Professionals

Doctors and healthcare professionals play an invaluable role in society, dedicated to improving the lives of their patients. At Zimsen Partners, we understand the demanding responsibilities medical practitioners face, and we’re here to help you manage the financial side of your practice. Our medical accountants in Melbourne specialise in providing comprehensive financial services designed specifically for the healthcare sector, allowing you to focus on patient care without the added stress of financial complexities.

Our tax accountants for doctors offer a full range of services tailored to meet the unique needs of medical professionals, from cash flow management to optimising tax structures. We ensure that everything from compliance with BAS, GST, and superannuation to strategic financial planning is handled seamlessly. By partnering with Zimsen Partners, you gain the support of an expert healthcare tax accountants team committed to safeguarding your finances and helping you achieve sustainable growth.

Zimsen Partners takes a proactive approach to medical accounting, ensuring your practice’s finances are managed efficiently and effectively. Here’s how we support healthcare professionals:

Business Services

• Comprehensive Tax Planning and Compliance:
  Our medical tax accountants in Melbourne provide specialised advice on tax-efficient structures and strategies that protect and grow your wealth, all while ensuring full compliance with ATO regulations.
• User-Friendly Bookkeeping Solutions: Our accountants for medical services recommend software that is easy for your team to use and tailored to your operational needs.
• BAS & IAS Lodgement: Timely preparation and lodgement of Business Activity Statements (BAS) and Income Activity Statements (IAS) to stay compliant with ATO regulations.
• Cash Flow Management: Effective cash flow strategies to ensure your practice operates smoothly with a steady financial base.
• Preparation of Financial Statements and Income Tax Returns: For various business structures, including trusts, companies, partnerships, and joint ventures.
• Preparation of Indirect Tax Returns: Assistance with payroll tax, fringe benefits tax, and other indirect tax requirements.
• Liaising with Statutory Bodies: We handle communication with the ATO and other statutory bodies on your behalf.
• Statutory Registrations: Assistance with registrations, such as Work Cover, ATO, and State Revenue Office registrations for payroll tax.
• Setting Up and Changing Business Structures: Guidance on establishing or restructuring your business to optimise tax benefits and protect your assets.
• Managing Related Company Loans and Director Loans: Assistance with structuring and managing company and director loans within compliance guidelines.
• Practice Acquisition and Sale: Support with the financial and tax implications of buying or selling a healthcare practice.
• Benchmarking and Market Evaluation: With in-depth market research and benchmarking, we help you understand how your practice is performing relative to industry standards, identifying strengths and areas for improvement. Our advisors assist with obtaining funding for equipment or property, creating financial projections, and developing cash flow strategies that set your practice up for success.

Individual Services

• Wealth Creation through Property Investments: We offer strategic guidance on property investments to help grow your wealth over time.
• Taxation and Capital Gains Tax for Investments: Expertise in managing capital gains tax for property, shares, managed funds, and other investments.
• Tax Planning: Personalised tax planning strategies that maximise your savings and minimise liabilities.
• Self-Managed Super Funds (SMSFs): Assistance with setting up and managing SMSFs for retirement planning.
• Consulting Services: Advisory services on financial planning, risk management, and investment strategies.

Choosing Zimsen Partners means partnering with a team of experienced medical tax accountants who prioritise your financial well-being and practice success. Here’s why healthcare professionals choose us:

• Specialised Expertise
  As healthcare accountants in Melbourne, we bring industry-specific knowledge and a tailored approach to managing medical finances. Our team understands the unique challenges faced by doctors and healthcare professionals, ensuring you get the right advice every step of the way.
• Comprehensive Service
  Our tax accountants for medical services provide full support, from tax planning and compliance to cash flow management and wealth creation, helping you make informed financial decisions.
• Proactive Financial Management
  We focus on maximising tax savings, protecting assets, and ensuring your practice’s financial stability and growth. Our strategic approach helps you stay ahead in a competitive healthcare landscape.

Partner with us to ensure your practice’s financial success. Our medical tax accountants in Melbourne are dedicated to providing exceptional service, empowering you to focus on delivering quality healthcare without financial worries.

Contact us today to learn how we can support your practice and personal financial goals.