Find the constraint and grow past it
Home, investment and commercial loans
Each page shows how our accounting, bookkeeping, loans and advice fit together for that industry.
Lender policies and LMI waivers for your profession.
Xero Platinum Partner
1,000+ clients helpedShehan’s story →
Accounting, books and home loans for medical professionals.
Who we work with: GPs, specialists, dentists, physios, nurses and allied health practices.
Book a free chatElephant Advisory supports Melbourne doctors, GPs, dentists, nurses and allied health practices with accounting and tax, practice bookkeeping and payroll, and home loans that use lender policies for medical professionals. One team means your practice numbers, personal tax and borrowing are planned together.
What gets hard for medical and health professionals
GST-free and taxable income mixed
Most health services are GST-free, but not everything you bill is. Getting it wrong shows up in your BAS.
Payment timing
Medicare, private insurers and patients all pay on different cycles, which makes cash flow hard to read.
Practice or personal?
Service entities, trusts and contractor arrangements need care so the tax result is right and defensible.
One team, every part of the business
Each of these has its own page with the detail. Use as many or as few as you need.
Accounting and tax
Practice structures, tax planning and GST on mixed services, led by Chartered Accountant Sam Draper.
Led by Sam Draper and Oz KarabadjakBookkeeping and payroll
Reconciling Medicare and insurer payments, practice payroll across staff types, and BAS-ready books.
Led by Marissa MoroHome and business loans
Many lenders have special policies for medical professionals, including LMI waivers. Our brokers know which ones.
Led by Gavin HepponstallMarketing and content
Content that explains what your practice does, so patients find you before they find the clinic down the road.
Led by Mia BurgessOffshore staff
Offshore admin support for billing follow-ups, recalls and data entry.
Led by our offshoring teamWhere most medical and health professionals start
Free calculators
Questions medical and health professionals ask us
Do doctors get special home loan deals?
Many lenders offer medical professionals higher borrowing limits or waive lenders mortgage insurance at higher loan-to-value ratios. Eligibility depends on your profession, income and the lender's policy, so our brokers compare options for you.
Is a medical practice GST-free?
Most medical services are GST-free, but some items, like cosmetic procedures or products, can be taxable. Your accountant and bookkeeper should agree on how each item is coded.
Can you work with my practice software?
Our bookkeepers connect Xero to the systems your practice already uses where an integration exists, and set up a process where it doesn't.
Do I need a separate accountant for the practice and for me?
No. We look after both, which makes it easier to plan income, super and borrowing together.
Want it all handled by one team?
Tell us where things are at. We'll tell you what to fix first.
General information only. It doesn't consider your objectives, financial situation or needs.
