Accounting for Dentists

Whether you are just starting work in dentistry, considering the establishment of your own practice, or already operating one, having the right structures and systems in place will ensure you are in the strongest financial position possible.

Walshs Dentists

As a trusted firm specialising in accounting for dentists, Walshs has taken care of the finances of thousands of medical professionals over the past three decades to help set them up for financial success.

We understand the opportunities and challenges dentists face and can provide you with the best advice and management, as we have done for your peers so many times before. Our professional, client focused and reliable team can help you maximise your tax outcomes to make the most of your money now and throughout your career.

Dental practice establishment and management

Our team can work with you to ensure you have the correct business structure and processes for your circumstances in compliance with the ATO.

We can provide advice on:

  • Business structures
  • Personal Services Income (PSI)
  • ABN and GST registration
  • Business Activity Statements (BAS) reporting requirements
  • Business income, expenses and service fees
  • Bookkeeping and accounting software
  • Business bank accounts and credit cards
  • PAYG Instalments
  • Superannuation obligations
  • Service agreements

More than just accounting for dentists

No matter what stage you are at in your dentistry career, as financial advisers and accountants who specialise in working with dentists, Walshs can help you structure your finances to minimise your tax liabilities, create wealth, protect your assets and plan for retirement.

As a fully integrated financial services firm, we draw on the expertise of all our divisions to create a long-term wealth-building strategy tailored to your needs.
We can help you with:

  • Budgeting and cash flow review
  • Establishing and reviewing tax structures in adherence to current tax law
  • Applying the latest superannuation rules so you know exactly what your deductible and non-deductible super contributions can be
  • Evaluating managed and geared investments to achieve optimal long-term outcomes
  • Accessing specialist and personal insurance cover
  • Reviewing and structuring loans, mortgages and debt amortisation
  • Managing your superannuation

Specialist financial advice for dentists

When you work with us, you benefit from our experience of working with thousands of dentists and other medical practitioners. We can give you the best advice on finances and accounting for dentists as we thoroughly understand your profession and your career lifecycle.

We have drawn on this experience to develop a tried and tested roadmap that helps medical professionals achieve their financial goals throughout their career. Our experience means that we know what financial opportunities and challenges you may face at various stages of your career. Our team can give you reliable advice you can trust, as we have done so many times before.

Our professional advisers will work with your personal circumstances in mind to construct optimal strategies for you. We tailor our advice around your needs at each particular stage of your life and career, including advising on salary packaging, tax, budgeting, investments and insurance.

We are proud of the vast number of medical practitioners that have trusted Walshs to manage their financial affairs.

We know how busy you are

Walshs exists to make your life easier by providing the right advice and expert services.

We know how time-consuming it is to organise your tax returns, manage your financial affairs, organise home loans, or research where to allocate your capital. We make your life easier by seamlessly taking care of your finances across all of our divisions.

Our stress-free approach to financial management extends to your meetings with us. Our advisers regularly travel to regional centres throughout Queensland to make it easy to do business with us. We can accommodate your demanding schedule by coming to you or meeting virtually. Plus we regularly meet outside normal business hours to work around your practice hours or shift work.

If you have any questions about how we can get the financial side of your life organised, book a complimentary meeting at a time that suits you.