need a tax accountant for your dental practice?
Trust the professionals with your dental practice accounts
Berwick Tax Accountants offer accurate, professional and comprehensive accounting services for members of the dental profession.
The team at Berwick Tax Accountants have years of experience providing dentists and dental practices with specialised accounting, bookkeeping and tax planning services.
When you work with us you will benefit from our accounting and tax expertise as well as specific solutions to grow your practise through business advisory services.
We focus on your business and accounting numbers, so you can support your patients.
From years of working with many dental practices we have found that dentists are paying more tax than they need, simply because they don’t have the most tax effective business structure for their practice or the knowledge.
Your choice of business structure is important to set up correctly from the start. Why? Because it could be expensive to change your business structure in the future as it may trigger a capital gains tax event.
The team at Berwick Tax Accountants are dedicated to providing you with the highest level of care. We look after your tax return like it’s our own because we want to make sure you are not paying too much tax. We saved one of our dental clients $100,000 over a three and a half years period, by renegotiating their contracts.
Whether your practice is just starting out or is well established, is big or small, or is located in the city or the country, Berwick Tax Accountants offer personalised and professional accounting services to suit any dental practice.
Berwick Tax Accountants have a wealth of experience in servicing clients who are members of the dental profession. We have many ongoing clients who value the industry-specific experience, professional knowledge and personalised service that only Berwick Tax Accountants can provide.
Do you require assistance during tax time?
Berwick Tax Accountants offer comprehensive end-to-end services, including:
- Set up of the business
- Tax returns.
Are you setting up a brand new dental practice?
Berwick Tax Accountants offer complete accounting solutions to ensure the streamlined set up of your practice.
Do you have an established dental practice?
Berwick Tax Accountants offers comprehensive bookkeeping and accounts management for dental practices of all sizes.
All the time and energy you devote to caring for your patients often means that thinking about your tax and financial plans takes a backseat.
Berwick Tax Accountants are taxation experts who can maximise your tax returns, and take the stress out of tax time.
By engaging Berwick Tax Accountants, you will
- Minimise stress and hassle
- Maximise the efficiency and operation of your business
- Receive expert, friendly and professional service.
Running a dental practice is very challenging. The public health sector is stressful and you have to contend with stringent industry regulations, impatient patients (who fear the drill and the pain of the bill) plus technological advancements in dentistry. You also face issues like mounting accounts receivable and staff retention not to mention the usual small business headaches of GST, Business Activity Statements, PAYG and superannuation. Excuse the pun but, some days running the practice is a bit like 'pulling teeth'.
Our services include all aspects of tax accounting and planning, pre-30 June reviews, tax cost minimisation strategies, capital gains tax record keeping, BAS and IAS requirements, and cloud bookkeeping services. We will make sure you comply with all statutory requirements at both state and federal levels – it is our job, not yours, to keep up with all the legislation.
Let Berwick Tax Accountants, we take care of your XERO and MYOB bookkeeping needs while you focus on growing your business! We offer bookkeeping services for small businesses in all the major suburbs in Melbourne. We will take care of your books while you focus on making more sales for your small business. Check out our accounting solutions and see which suits your needs.
We ensure that you are structured in the most tax-effective manner so that you can be confident that you are paying the least amount of tax possible. Legally minimising the amount of tax payable is strongly dependent on having the appropriate structure in place so that you can apply the funds towards growing a sustainable business.
Why You Need Specialised Financial Planning for Dentists
Do you know what your current accountant is doing wrong? Chances are, neither does your accountant! The fact is that an industry-specific dental accountant is familiar with how your business operates. He or she understands the opportunities that allow you to pay fewer taxes and keep more of the money that you work so hard for. To a general accountant, every business has the same business plan and strategy, no matter what the industry. With an accountant who specialises in the dental industry, you know you’re getting optimised financial services, tailored to the specific needs of your business.
One of the most important things your accountant does for you is to help you plan ahead for your taxes.
The reality is, once it’s time to file, it’s too late to put a number of your best options in place. The time to start planning next year’s taxes is the day after you file your current tax return. Instead of trying to catch up, you should be planning ahead.
Berwick Tax Accountants makes your financial interests our top priority. We offer unique solutions that are right for your business and your goals for the future. Starting with tax planning and minimisation strategies, we’ll help you achieve your financial objectives.
As a medical professional, you require the expertise of multiple tax and financial specialists; however, contacting each one individually is time-consuming and often results in conflicting advice.
Are you already operating or considering starting a business as a sole trader? Berwick Tax Accountants can help as we are a 'one-stop-shop' for accounting services and tax advice for sole traders and small businesses.
Providing accounting, tax and business advisory to professional services industries comes naturally to Berwick Tax Accountants. We have a large clientele of professional services clients who seek advice and knowledge specific to their industry.
Year Round Tax Planning for Dentists
Regardless of how solid your business plan is, changes happen. When they do, you don’t need to put off discussing what those changes mean to your business with your dentist accountant. We provide you with year round contact to make sure we’re aware of any changes. We always take a proactive approach to your financial planning needs. This approach to financial planning for dentists has made us leaders in industry-specific tax services for a number of businesses throughout Melbourne.
Tax planning is one area of financial planning that your accountant focuses on to improve your outcome. Our services extend to optimising your deductions, protecting your profits, and keeping you in control of your money. If you end up getting audited, we’ll be there beside you to ensure you don’t end up paying more because you simply don’t know the basis for your deductions.
You want your dental business to be a success now to support your family and to help you prepare for a comfortable retirement. You want to protect your success for the future of your loved ones. A dental accountant from Berwick Tax Accountants has the skills to help you accomplish all of your short- and long- term goals.
Building and maintaining a successful business in today’s rapidly changing environment is a balancing act. Sustaining year on year growth, while keeping up to date with commercial and legislative compliance and managing the challenges of daily business operations, places huge demands on business owners and directors.
Our specialist advisors work with you in a role to help you plan and implement contemporary business practices that will allow you to keep a close eye on the detail while not losing sight of the big picture.
Our Self Managed Super administration service can help you achieve the benefits of an SMSF by taking care of the administration and compliance of your SMSF, creating free time for you to focus on the critical job of managing the investments of your fund.
With a self-managed super fund, you are in charge of your super and where it is invested, plus you manage those investments yourself.
At Berwick Tax Accountants we provides comprehensive financial advice to our clients with an enthusiastic and proactive approach. Our strong team of experienced professionals will work with you towards identifying valuable solutions on how best to achieve your goals. Berwick Tax Accountants is a Melbourne based Chartered Accounting firm offering timely and cost-effective services to both individuals and businesses. We consist of a team of accountants and business consultants dedicated to providing the highest quality accounting, taxation, bookkeeping, and business advisory services.
With Berwick Tax Accountants, you will receive personalised attention from a trusted accountant who will act as a single point of contact for you.
Your accountant will look at your big picture and liaise with other specialists in order to offer the best solutions to help you reach your business, lifestyle and personal financial goals.
- With Berwick Tax Accountants, you will receive personalised attention from a trusted accountant who will act as a single point of contact for you. Your accountant will look at your big picture and liaise with other specialists in order to offer the best solutions to help you reach your business, lifestyle and personal financial goals.
- Effectively structure your practice, home and investment loans and save thousands in interest repayments each year
- Establish companies, trusts and self managed super funds to protect your personal and business assets from potential lawsuits
- Make smarter personal investment decisions and tax-effectively grow your family wealth
- Purchase your business premise through your self managed super fund
- Implement permanent tax reduction strategies and structures to increase your personal and business cash flow
- Customise estate planning strategies and structures that will allow your wealth to be transferred to family members and beneficiaries tax-effectively, whilst providing asset protection
Since its inception, Berwick Tax Accountants has been at the forefront of tax and accounting, providing a broad range of services to local businesses in Melbourne. We offer Individual Tax Returns, Business Taxation and Accounting, Financial Planning, Self Managed Superannuation Funds, and Bookkeeping services.
We have extensive experience in servicing the manufacturing industry, including the provision of accounting, information technology, and audit services, and regular periodic management reporting. Supplemented with more detailed financial analysis, this lies at the heart of astute commercial decision making.
We understand what farmers require to effectively manage the finances of their farming operations. We have been a leading provider of business and financial advice, taxation, and accounting services to Primary Producers and the rural sector for more than 30 years. Enquire today to find out how we can help you with your farm.
Our experience and relationship with franchise groups give us real-time insight into franchise systems and their performance. We provide franchises with business, taxation and accounting services. We can also act as consultants to the head franchisors in setting up cloud accounting & business and structures.
At Berwick Tax Accountants, our specialist property tax accountants in Melbourne are renowned for their property tax accounting services for property investors. Our property tax accounting and tax advice extend to the various estate planning factors including ownership and control of assets.