Question 1

What is the best business structure for a medical practice in Australia?

Accepted Answer

It depends on your income level, risk profile and long-term goals. Common structures include a Pty Ltd company, discretionary trust, or partnership. DoctorsAccounting.com.au provides personalised advice tailored to your specific circumstances.

Question 2

Can doctors salary package in Australia?

Accepted Answer

Yes — doctors working for public hospitals or NFP organisations can access generous FBT-exempt salary packaging benefits. Private practitioners have different options. We'll map out what's available to you.

Question 3

How is Medicare income taxed for doctors in Australia?

Accepted Answer

Medicare income must be properly declared and can be assigned to a service entity or company depending on your structure. DoctorsAccounting ensures full ATO compliance while optimising your tax position.

Question 4

Do you provide tax advice for locum doctors?

Accepted Answer

Absolutely. Locums have unique tax considerations including ABN invoicing, GST, superannuation and deductible expenses. We specialise in this area.