Accounting for Health Professionals

Expert tax, accounting and business support for allied health and medical professionals across Australia – from the leading Australian Accounting Firm & Women’s Regional Professional in 2023 & Australian Regional/Suburban Accounting Firm in 2024

As a health professional, your priority is improving the wellbeing of others – but managing your own financial health is just as important. Whether you are running a clinic, operating as a sole trader, or juggling contract work across different locations, we provide business and taxation solutions designed specifically for the health sector. 

From managing complex income streams to ensuring you are structured for long-term success, we can help you feel confident and in control of your finances – so you can focus on your clients, not your cashflow. 

As the 2024 Australian Accounting Awards “Regional/Suburban Firm of the Year”, the 2023 Australian Small Business Champions “Accounting Firm of the Year” and the 2023 Women in Finance Awards “Regional Professional of the Year”, you can be reassured we understand businesses – working with small businesses is our heart and soul. 

Who We Work With:

We partner with a wide range of health professionals across rural and regional NSW, including:

  • Allied Health Practitioners (including physiotherapists, chiropractors and osteopaths)
  • Medical and Dental Professionals
  • Psychologists and Counsellors
  • Occupational and Speech Therapists
  • Naturopaths, Nutritionists and Wellness Practitioners
  • Massage Therapists and Bodyworkers
  • Health Coaches and Wellness Providers
  • Practice Owners and Clinic Managers
  • GPs
  • Health Contractors and Locums

How We Help:

Accounting & Bookkeeping
Staying on top of your financials is a year round effort. Let us managing your reporting requirements, BAS lodgments, payroll services and business forecasting throughout the year.
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Tax Planning & Advice
Throughout the year we provide you with estimates of your tax liability, and work with you to implement tax minimisation strategies in line with ATO regulations. From sole trader income tax returns to business and trust structures, we have you covered.
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Business Start-Ups & Re-Structures
Starting, growing or refining your health practice? We offer practical guidance on set up, systems, staffing and sustainability.
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Business Coaching & Mentoring
Predict, plan, and manage your business' finances with confidence. We help you create simple and sustainable financial systems that support your business and lifestyle.
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Compliance Management
We help you stay compliant with ATO obligations, superannuation and other industry-specific requirements.
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Support for Contractors & Locums
Working under an ABN or moving between clinics? We make sure your income, deductions and record keeping is correctly managed for your tax planning and obligation purposes
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We Understand Health

You don't need to explain what you do or how you earn - we are already familiar with the nuances of health sector businesses, income and expenses.

Flexible, Friendly Support

Whether you want us to take care of everything or guide you step-by-step, we work around your needs. We foster an education approach to our clients, and want you to feel in control.

Tailored, Proactive Advice

We don't just lodge returns. We help you build a sustainable, profitable business through consistent tax planning, management strategies and forecasting.

Trusted by Health Professionals Australia-Wide

From solo practitioners to thriving clinics offering a multitude of services, health professionals across Australia rely on our expertise to manage their business obligations and tax requirements. They trust we are there at every step to ensure careful strategic planning, to ensure the best outcomes and growth for their businesses. Here’s what some of our clients have to say:

"Simone and the team at Palfreyman Chartered Accountants are a fantastic addition to any small business. When we were first starting up our businesses in the health and wellness industry, I went searching for a local accountant with whom I could build a good rapport and could rely on to guide us through the processes of starting up a business. I came across Palfreyman and was very impressed with their list of accolades and I wanted to support women in business. Choosing to go with Palfreyman Accountants is a choice I have no regrets with and only happiness and peace of mind that I chose well. Simone has a wealth of knowledge, she intently listened to our plans and guided us through the process, provided information and pros and cons about each different way to set up a business. We settled on a trust structure and Simone took care of setting everything up. In the past 2 years or so, Simone and team have looked after all of our accounting needs from BAS reporting, annual tax returns for the trusts and individuals, company requirements, JobKeeper applications and everything in-between. Nothing is ever a hassle, communication is prompt and easy and Simone definitely knows how to get the best outcome for small businesses. Start-ups are never easy, but Simone and the team have made it as easy as possible for our family. I wouldn’t hesitate in recommending Palfreyman Chartered Accountants to anyone." Simone has a wealth of knowledge, she intently listened to our plans and guided us through the process, provided information and pros and cons about each different way to set up a business. We settled on a trust structure and Simone took care of setting everything up. In the past 2 years or so, Simone and Kayla have looked after all of our accounting needs from BAS reporting, annual tax returns for the trusts and individuals, company requirements, JobKeeper applications and everything in-between. Nothing is ever a hassle, communication is prompt and easy and Simone definitely knows how to get the best outcome for small businesses. Start-ups are never easy, but Simone and the Team have made it as easy as possible for our family. I wouldn’t hesitate in recommending Palfreyman Chartered Accountants to anyone."
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Selena WhittonInsync Physio & Insideout Wellness Centre
"Health Practitioners are super busy with the admin associated with their health requirements. It is such a blessing to have all other accounting requirements managed effectively, efficiently and so exceptionally. My sincere thanks to Palfreyman Chartered Accountants and team for keeping the business on track always."​
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Dr Amanda JefferysPractical Health Consulting
"When I first started in private practice, I didn’t even know what information I needed to include in an invoice! Over the last 7 years Simone has provided me with support and information from basic bookkeeping, car finance options and superannuation. She has always been available to answer all my questions no matter how simple or complex. Simone and her team have helped take the stress out of running my own business."
Sharon CreeveyReach Forward Trust (Occupational Therapist)
"They are award winners for a reason, and we would invite any health care provider or business to use Palfreyman to take their business to the next level."
Matthew Garrett
Matthew GarrettGlow Group Health Pty Ltd
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Request an appointment.

Fill out the form below to request an appointment with one of our accountants or advisors.