Accounting for Medical Professionals

Why Choose Mizael Partners for Medical Professionals' Accounting Services?

Mizael Partners was founded in 2013. Since then, we have helped more than 2,000 clients become self-sustaining, compliant, and ready for growth. We are specialists providing innovative solutions in accounting, auditing, financial advice, tax, bookkeeping, and forensic accounting. Contact us today to find out what we can do for your business.

At Mizael Partners, we care for the carers. Gain control and clarity about your financial future, with expert guidance.

Are you a medical professional facing these challenges?

  • Struggling to develop a clear vision for your financial future?
  • Finding it difficult to set and achieve measurable goals?
  • Don’t have enough time to devote to financial planning?

 

We understand that as a busy professional in the medical industry, you don’t necessarily have the time or energy to properly manage your finances and plan for your financial future. 

That’s where Mizael Partners can help.

At Mizael Partners, we have the experience and expertise to help manage the financial side of your busy life. We understand the unique challenges faced by medical professionals, and we are proactive and forward thinking in supporting our clients at any stage of their journey.

We offer the following accounting services for medical professionals:

Tax planning and compliance

We can maximise deductions specific to medical professionals, structure your income to minimise tax liability, and manage payroll tax and superannuation for staff. We also have specialist knowledge of Medicare rebates and GST implications, and can provide advice on Fringe Benefits Tax (FBT) for medical practice owners. 

Business structure and asset protection

It is important to be set up within the correct structure (sole trader, company, trust, etc). Our specialist team can work with you on this structure, as well as protecting your personal assets from litigation risks, and structuring your income to optimise tax efficiency.

BAS and GST management

We have a deep understanding of how GST applies to medical services, and ensure compliance with the complex GST-free and taxable service rules. We provide efficient BAS preparation and lodgement.

Cash flow and profitability for clinics

Mizael provides budgeting and forecasting services for private practices, financial performance analysis for growth, and manages cash flow for clinics with Medicare and private billing models.

Payroll and staff management

We can help with setting up payroll for medical staff, nurses, and admin teams, managing superannuation obligations, and contractor compliance.

Accounting software and automation

Our team can implement cloud-based accounting systems such as Xero, MYOB, and QuickBooks, and integrate practice management software such as Cliniko, Best Practice, and Genie. We reduce your admin workload with automated invoicing and reconciliation.

Financial growth and wealth creation

At Mizael Partners, we provide specialist advice on business loans and financing, investment strategies for high-income professionals, as well as planning for retirement and practice exit strategies.

Audit and compliance for medical clinics

We can ensure your practice complies with ATO and Medicare audits, and assist with preparing for RACGP accreditation and other regulatory requirements.

Contact us today to find out how our dedicated team can help you attain financial freedom.

You’ve made the right choice with Mizael Partners.

The team at Mizael Partners is passionate about helping medical professionals create a positive and prosperous financial future.

We truly listen, to ensure that we meet your unique and specific needs. And we provide tailored, personalised service to help guide your decisions and create a positive and prosperous future for you and your family.

Contact us

To speak to one of our accredited accountants, please call us on 1300 444 004. 

Take advantage of this exclusive offer, available for new business clients until the end of April

FREE 30 MINUTE INITIAL CONSULTATION*

* Available for new business clients only until the end of April.

Industry Experience

Are you a business located in Ringwood, Bayswater, or Croydon? Looking for business accounting and tax accounting solutions? We would love to help you grow.

Our friendly staff are ready to help you. Enquire below for a response within 1 business day.

Please note, we cater to business, corporate and organisational based clients, and unfortunately cannot assist with individual tax returns at this time.

Typical response time: two business hours.

some of our happy clients

Don’t just take our word for it. Hear from some of the clients we have had the pleasure of working with.