Medical

For high-income professionals like neurosurgeons, superannuation is more than a retirement fund, it’s a powerful vehicle for tax planning and wealth building. With the right strategy, you can reduce your taxable income, grow long-term savings in a low-tax environment, and ensure your financial health long after your last procedure. Here’s how neurosurgeons can use superannuation to their full advantage in 2024–25. Why Superannuation Matters for Neurosurgeons Neurosurgeons are

Running a paediatric practice in Australia involves more than just caring for young patients; it also entails significant financial and tax responsibilities. For paediatricians in private practice or working as contractors, having a strategic tax structure can make a significant difference to your long-term financial outcomes. One of the most powerful tools at your disposal? A well-structured family trust. Let's explore how paediatricians can leverage family trusts and other

Choosing the right business structure is one of the most important financial decisions a doctor can make. It’s not just about tax, it determines your liability, asset protection, succession planning, and long-term wealth outcomes.

Being a doctor in Australia means long hours, ongoing education, and the responsibility of patient care. But one thing often overlooked is tax planning. With high incomes and complex work arrangements, many doctors miss out on deductions that could save thousands every year.

Doctors across Australia face an ever-changing landscape when it comes to billing. Whether you bulk bill, privately bill, or use a mixed billing model, the way you record and report income can make the difference between smooth sailing and an ATO audit.

Doctors and medical practice owners are often taxed at the highest rates in Australia, which is why strategies to legitimately reduce tax are always in demand. One of the most common questions we hear is whether negative gearing can help. The short answer: yes, it can. But as with all tax strategies, the detail matters. What is Negative Gearing? Negative gearing happens when the cost of owning an income-producing asset is greater than the income it generates. The resulting lo

Running a dermatology clinic in Australia isn’t just about skin health; it’s also about financial health. With rising operational costs, strict regulations, and a combination of Medicare and private income streams, effective tax planning is crucial for safeguarding your clinic’s profitability and long-term viability.

Learn more about key tax strategies for Australian radiologists, covering deductions, income structuring, superannuation benefits.

Tax planning for doctors is crucial to maximising savings and minimising liabilities. Learn more with Dolman Bateman about tax for doctors.

Drilling into Dental Finances - Learn how to file your tax as a dentist with Dolman Bateman professionals

Structuring a medical practice for optimal tax outcomes requires careful consideration of options like employing practitioners or contracting with them. Learn about service entities, superannuation concerns, payroll tax issues, and profit allocation in this informative blog post.

Learn how Medical Service Trusts (MSTs) can benefit medical practitioners in Australia and how to choose the right trust structure. Discover the key role an accountant can play in setting up and managing your MST, including tax compliance, financial management, and asset protection.