Medical Services

🩺Accounting for Medical Professionals – Strategic Support for a Healthy Practice

The medical profession operates under unique tax and business regulations. Whether you’re subcontracting to a dental clinic or managing your own general practice, MDC provides expert financial guidance tailored to the healthcare sector. Our team has extensive experience supporting medical professionals with compliance, structuring, and growth strategies — so you can focus on delivering exceptional care.

⚖️ Understanding GST in Medical Services

Medical services are generally GST-free when they qualify for a Medicare benefit or are considered necessary treatments by the medical profession. Services that fall outside this scope — such as cosmetic procedures — may attract GST and require different reporting.
We help you navigate these distinctions to ensure accurate GST treatment and compliance across all service types.

🛡️Structuring for Protection and Scalability

Establishing the right business structure is critical for protecting both personal and business assets. MDC works with medical professionals to design scalable, risk-minimising structures that support long-term growth and succession planning.
Whether you’re starting out or expanding your practice, we ensure your financial foundation is built for resilience.

💰 Division 293 Tax Considerations

High-income earners in the medical field may be subject to Division 293 tax — an additional 15% tax on concessional super contributions for individuals earning above $250,000. MDC proactively identifies and manages these obligations to help you optimise your tax position and avoid unexpected liabilities.

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