Tailored Accounting and Tax Solutions for Medical Professionals
Simplify your financial management and focus on what matters most: your patients.
Financial Complexity for Medical Professionals
Whether you’re employed as a doctor or locum or managing your private practice, navigating your financial responsibilities can be overwhelming. Tax returns, BAS compliance, payroll management – these essential tasks can quickly become a burden, stealing valuable time from patient care and life outside work.
The Risks of Doing It Alone
Without specialised financial support, it’s easy to fall behind on deadlines, miss critical deductions, or pay more tax than needed. Many accountants don’t understand the complexities of the medical profession. This can lead to missed opportunities to optimise your income, errors in reporting, and unnecessary stress when things go wrong.
Imagine scrambling at the last minute to organise your financials, only to discover you’ve been overpaying or under-reporting your obligations. It can be time-consuming and frustrating and impact your ability to build long-term wealth.
Wealthmed’s Tailored Accounting and Tax Services
Wealthmed eliminates stress by offering specialised accounting and tax solutions designed specifically for medical professionals. Whether you’re working in a hospital, doing locum work, or running your own private practice, we provide a proactive, expert approach that aligns with your career and financial goals.
Our team understands your profession’s nuances and offers services beyond standard tax returns. From salary packaging and BAS compliance to practice management and business advisory services, Wealthmed simplifies the complexities of your financial life, ensuring everything is taken care of accurately and on time. Our philosophy is no surprises, and our goal is to be the reason you can sleep at night without worrying about tax bills and obligations.
Explore Your Options Below
For Employed Doctors
Make the most of your income with salary packaging, targeted tax returns, and future financial planning tailored to your career goals that can markedly change your tax bills. We ensure you’re always on the right track.
Key Steps
- Provide key information and authorise us as your tax agent.
- Upload your previous tax return or let us know if it's your first.
- Complete a simple checklist to finalise your tax return
For Sole Traders and Locum Doctors
Our structured packages make it easy to manage your income, cope with irregular income, effectively manage tax liabilities, and comply with quarterly BAS reporting requirements.
Key Steps
- Set up quarterly reporting with us to stay on track.
- Upload past tax records securely via secure client portal.
- Complete a tax checklist and book a final meeting to wrap up your return.
For Private Practice Owners
Running a practice comes with unique challenges. We provide expert business management services, from acquisition advice to payroll setup, with a fixed-fee model that offers transparency and no surprises.
Key Steps
- Authorise us as your tax and business advisors.
- Upload your financial documents via a secure portal.
- Schedule a meeting with our team to align your goals.
Trusted by Doctors Across Australia
Our clients consistently achieve better financial outcomes while experiencing fewer financial headaches thanks to our expert support.
Take the First Step Towards Financial Confidence
Managing your finances on top of demanding career needs and juggling your personal life can feel overwhelming, but with Wealthmed, it doesn’t have to be. Let us simplify your tax and accounting so you can focus on what you do best: caring for your patients while building your career and having a great life along the way.
Select Your Path and Get Started Today
Click the button that matches your situation to explore how our tailored services can support you.
