We understand the differences between public and private practices and mixes of both, and the relativity of income between surgical and physician classifications.

Medical Clinics

Medical Professionals are well catered for at Synstrat with our full array of services.

It is normal for medical specialists to have spent many years in undergraduate and postgraduate education and training programs before being fully accredited as specialists and to have earned low levels of income until aged in their early to mid 30’s.

It is then critical that your accounting and financial advisers understand your particular needs and guide you along safe paths because, in the case of many specialists, the working years in a specialty may be limited.

Synstrat can help your practice with...

  • Analyse tax planning options for your given situation
  • Help you meet all compliance obligations for income tax and activity statement requirements
  • Preparation of periodic annual financial statements
  • Incorporation of companies, settlement of trusts and set up of SMSFs
  • Advice regarding ownership structures on purchase or formation of a business
  • Advice on indirect taxes such as payroll tax and GST
  • Assistance with the installation and setup of accounting software and ongoing support
  • Liaising with your financier to assist with initial loan structuring and subsequent refinancing
  • Liaising with your financier to assist with initial loan structuring and subsequent refinancing
  • Estate planning considerations

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