We offer a wide range of specialised accounting & advisory services for the medical & dental industries

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Dental

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Veterinary

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Medical

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Other industries

TAKING CARE OF DENTISTS

Accountants Working With Dentists

We provide dentists and dental industry professionals specialist business advisory and accounting services, with particular focus on dental practice startups, buying or selling your dental practice which includes advisory, strategic planning, business valuations, corporate entity establishment, bookkeeping and compliance services. We have all the knowledge, experience and resources to assist Dentists during their transition into business ownership.

Contracting Dentists can rely on our expertise with reviewing of SFA's, GST compliance, income tax preparation, company establishment and open communication.  We provide the answers to questions that have Dentists left in the dark by the tax complexities imposed on their industry, creating a clear and informed understanding of their financial position.  An informed Dentist is better equipped to deal with their future financial decisions.

If you are a dentist, speak to us for the best service and advice.

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ARE YOU READY FOR BUSINESS OWNERSHIP?

Thinking About Practice Ownership?

If you are a dental practitioner and are considering becoming a Dental Practice Owner, we offer the guidance, advice and services to facilitate your transition into business ownership.  We understand the challenges and issues you will face, giving you a peace of mind at a time that you need guidance and support the most.

We have worked with thousands of dentists over many years and continue to guide new practice owners throughout their financial journey and at the different milestones in their lives.

From graduation to retirement, we have your financial health covered.

 

  • Start-Up business advice
  • Advice and establishment of appropriate business structure
  • Advice & assistance with purchase or sale of dental practice
  • Dental practice business valuations
  • Tax & Business Registrations including your ABN, TFN, GST, Workcover etc.
  • Cloud Software set up, training, bookkeeping & payroll processing.
  • Assistance with banking institution requirements
  • Preparation of financial statements, tax returns and BAS
  • Tax compliance, tax planning and tax minimization strategies
  • Equipment Finance (Medical Equipment and Clinic Fit Out)
  • Advice regarding claiming motor vehicle expenses
  • Business & risk insurances
  • Business succession planning
  • SFA reviews
  • Superannuation tax advice
START YOUR BUSINESS WITH CONFIDENCE

Bookkeeping Set Up For New Practice Owners

New dental practice owners can choose to take our Business Start Up BAS & Bookkeeping Package which offers a piece of mind knowing they are compliant for payroll, GST, Workcover, Superannuation & Payroll Tax from the day they start trading.  We give dentists an opportunity to concentrate on what they do best, and not worry about the tasks they do not receive an income from.

Choosing accounting software is an important decision that we understand, and most dentists don't. The responsibility and stress is removed as we recommend and implement the most appropriate accounting software tailored to your business needs.

We are Xero & MYOB Professional Partners and are able to offer discounted monthly software subscription costs to our clients.  We are flexible and can accommodate your preferences as needed, whether you have your own subscription or prefer us to subscribe, the choice is yours.

When it comes to choose, you are in control.  We believe that good business relationships start with communication and transparency, that is why we quote our fees upfront, giving you the opportunity to consider your options and agreement, prior to work being commenced.

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New Dental Graduates

At Amalgam Advisors, we have over 25 years’ experience looking after the accounting needs of dentists, from graduates & junior doctors to consultant grade professionals, throughout all stages of their careers.

We have worked with thousands of dentists and have an exceptional ability to understand the particular issues and needs facing the dental industry.

New Dental Graduates starting their careers are generally unaware of the complexities they will face as a dentist.

The most common issues and queries are:

  1.   Review of their Services and Facilities Agreement (SFA)
  2.   Trading under a sole contractor ABN and GST registration
  3.   Recording income and expenses for dental services.
  4.   PAYG Instalment payments as issued by the ATO
  5.   Incorporating a PSI Company as their trading entity.
  6.   Working for multiple dental practices and issues regarding the         difference in income methods used.
  7.   HELP debt repayment.
  8.   Income Protection Insurance
  9.    Medicare Levy & Private Health Insurance
  10.    Annual Income Tax Returns
  11.    Motor Vehicle Purchase
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Dental Tax Services
Dental Tax Services
MORE THAN JUST TAX RETURNS

Tax Compliance & Advisory Services for dentists

Amalgam Advisors specialize in providing tax compliance and advice to dentists and dental practice owners.

We know your industry and understand your issues, we explain the why and why not's, ensuring that you also have an understanding of your own accounting and compliance responsibilities. 

Being ATO compliant is essential and necessary for reasons that have nothing to do with paying tax, keeping up to date with your tax is ensuring that you are always ready to deal with personal matters such as financing a car, buying a home or applying for a rental property.  

As your tax agent, we represent you on behalf of the ATO, meaning that we deal with the ATO on your behalf, providing you with a peace of mind knowing that you have a helping hand discussing matters best suited to an accountant.

We are always pleased to receive referrals and also welcome new enquiries from dentists who are seeking clarity and service they can rely on. 

If you are ready to deal with accountants who are dependable, knowledgeable, accessible and provide the answers you are seeking, we are also ready to hear your story.

This is our bread and butter just as toothpaste and mouthwash are yours. We are confident that you will find the advice you are seeking, just ask us how we can help.

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Other Industries

We provide services to a wide range of industries and diverse individuals. Contact us to discuss your needs.

Our Fee Guide

We offer quality services at affordable prices. Check our full fee schedule.

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