Medical & Dental Accounting Pty Ltd
Who Are We?
We are a well established Melbourne based accounting practice specialising in a range of accounting, taxation and other business services to doctors, dentists and other health professionals.
Tax advice is our forte. It is not uncommon to save clients thousands of dollars in tax by implementing effective structures and strategies and ensuring they are used correctly.
Does your current structure or financial position need a health check?
We recognize that every practice and situation is unique and each of you has your own individual set of financial circumstances. Accordingly we provide a review of your current position and offer tailor made advice applicable to your current situation…
A detailed letter of advice summarising the suggestions made during the meeting is provided. In addition to accounting and taxation matters, MADA offers the following services:
- Implementing Business Structures
- Restructuring Practices
- Tax Planning
- Superannuation strategies and advice
- Retirement Planning
- Asset Protection Strategies
- Practice Development
- Book keeping services
- Finance (through our established links with banks and brokers)
It should be noted that we do not flog products to our clients.
inancial Planning and Advice
We have arranged for quality financial planning services to be provided to our MADA clients. Such services include implementing and reviewing insurances and preparing financial plans to ensure financial goals are met.
Achieving financial security is a greater challenge than ever. Success depends on making careful choices while building solid strategies to support your long term goals.
To determine your need for a financial adviser answer these 10 simple questions.
- Do you have the time and interest required to look after your own financial affairs?
- Do you have the liquid funds as and when you need them?
- Do you know how will you meet your lifestyle goals – eg beach house, private school education, sports car?
- Does your money work as hard as it could?
- Do you know where you will invest your surplus cash?
- Will you have sufficient assets to live on in retirement?
- Do you know where the money will come from to fund your retirement?
- Do you invest enough in superannuation?
- Can you pay the bills if you or your partner can’t work, and may never work again?
- Is your life and income earning ability appropriately protected?
We have arranged for quality legal services to be provided to our MADA clients by various solicitors who are expert in their chosen fields.
The areas of law we can assist clients with and which are applicable to our client base are:
- Preparing various practice service agreements including independent doctor agreements.
- Preparing unit holder and shareholder agreements.
- Sales and purchases of existing businesses.
- Wills (including testamentary trusts) and estate planning.
- Property law including sale and purchase of residential and commercial property, transfer of property between spouses and to superannuation funds.
- Preparing retail and commercial leasing documentation.
Through our contacts with banks and brokers we can offer MADA clients competitive rates and terms in relation to finance, whether residential, commercial or business i.e. goodwill.
For example we can organize 95% finance without mortgage insurance in some instances.
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