Medical
Medical
We provide expert accounting and advisory solutions to help medical practices and practitioners achieve financial success.
At Nexia, our specialists understand the unique challenges and opportunities of the medical sector.
We partner with practices and specialists to overcome these challenges, identify opportunities, and make informed decisions to achieve business and personal financial goals.
Solutions for medical practices
We provide practical, proactive and cost-effective solutions through our full suite of tax, advisory and business services.
Our partner-led approach means you benefit from a dedicated team to provide you with a holistic and personalised service.
We can support your practice manage its finances, optimise operations, ensure compliance with regulations, and provide strategic advice to support ongoing growth and profitability through:
- Annual accounting and tax compliance
- Tax planning and strategies
- Succession planning
- Budget and forecasting
- Fringe benefits tax (FBT)
- Understanding ATO obligations regarding partnership and service trust income
- Virtual CFO solutions
- Navigating service trust distributions
- Entity structure advice
- Profitability analysis
Create, manage and grow your personal wealth
We partner with medical professionals to create effective wealth creation and tax compliance strategies to optimise your financial position, expand career opportunities, and plan for your ideal retirement lifestyle.
Our team of wealth management specialists understand the medical sector, and provide a holistic approach through financial planning, superannuation advice, personal insurance protection advice, and mortgage and estate planning advice.
Our services for medical professionals and practices include:
- Annual tax compliance for family groups
- Structuring and entity establishment
- Self-managed super fund (SMSF) establishment and annual compliance
- Superannuation contribution advice
- Wealth building advice
- Cashflow forecasting and projection
- Debt management
- Income protection insurance
- Investment and portfolio construction advice
- Tax advice, planning and strategies
- Competitive finance and lending solutions