Two Melbourne professionals reviewing financial plans at a desk, symbolising 42 Advisory’s strategic business advisory and accounting services for professional firms.

Accounting & Business Advisory for Melbourne Medical Professionals

Specialist Medical Accountants for Doctors, Dentists & Health Practices

Clarity among the numbers — so you can focus on care, not compliance.

 

From single-chair dental clinics to multi-doctor medical centres, 42 Advisory delivers specialised tax, structure, and business advisory services for health professionals across Melbourne’s east.
Our Chadstone-based team helps doctors, GPs, and dentists streamline their finances, strengthen practice structures, and stay compliant — so you can focus on what truly matters: your patients.

Book a Consultation Talk to a Medical Accounting Specialist

Our Approach

Intelligent Accounting. Transparent Advisory. Real Results.

 

At 42 Advisory, we believe your accountant should do more than balance the books — they should help you move your business forward.


Our team blends precise accounting, proactive tax planning, and smart technology to simplify complexity and give you confidence in every decision.

Our Services

Business Accounting & Tax for Medical Professionals

Business Accounting & Tax Compliance

From company setup to annual tax returns, we specialise in the unique structure of medical practices, locums, and incorporated professionals.
You’ll get proactive tax planning that protects income, maximises deductions, and keeps compliance effortless.

 

→ Learn More About Tax Compliance

Bookkeeping for Medical Practices

Stay focused on patient care while we handle your books.
We use cloud accounting platforms like Xero to automate your medical practice bookkeeping, ensuring accuracy, ATO compliance, and real-time cash flow visibility.

 

→ Learn More About Bookkeeping & Payroll

Business Activity Statements (BAS)

We prepare and lodge BAS for medical professionals, ensuring compliance with GST exemptions for medical services and accurate reporting for mixed billing practices.
Avoid errors that trigger audits and keep your lodgements on schedule — every quarter, stress-free.

→ See BAS & IAS Support

 

Budgeting & Forecasting

Plan with precision. We develop rolling forecasts and cash flow models that help doctors and practice managers see financial trends early — from patient volume to equipment investment.
Our proactive reporting helps you make confident, data-backed decisions.

→ Discover 3-Way Forecasting

Accredited. Connected. Right Here in Chadstone.

Certified Melbourne Accountants Backed by Australia’s Leading Platforms

 

Trusted by Melbourne’s medical professionals, eCommerce operators, and local businesses across Chadstone and the eastern suburbs.
At 42 Advisory, we combine professional accreditation with intelligent systems to simplify your tax, accounting, and growth strategy — delivering clarity worthy of the ultimate answer.

  • TPB
  • Xero_Logo - Blue
  • ATO_logo
  • myob-logo
  • Logo_of_CPA_Australia

For Medical, Dental & Allied Health Professionals

Healthy Finances. Smart Growth. Clear Answers.

Running a medical or dental practice means juggling patient care, compliance, and complex income streams — all while keeping your team and cash flow healthy.

 

At 42 Advisory, your Melbourne-based accounting experts in Chadstone, we bring clarity to the numbers that drive your practice. Whether you’re a GP, dentist, physiotherapist, or specialist, our team designs automated financial systems that simplify everything — from bookkeeping and BAS to forecasting and tax planning.

With our fixed-fee accounting model, you’ll always know what you’re paying and what you’re getting: proactive advice, transparent reporting, and sustainable growth. Because when it comes to the financial universe of your practice — clarity is the ultimate answer.

Illustration of accountant analysing financial data and charts for healthcare professionals

Complete Accounting & Advisory for Health Professionals

Focus on Patients. Leave the Numbers to Melbourne’s Medical Accounting Experts.

Focus on Patients. Leave the Numbers to Melbourne’s Medical Accounting Experts.

Our Chadstone-based team at 42 Advisory specialises in accounting and advisory for medical, dental, and allied health professionals across Melbourne. We help you stay compliant, efficient, and financially healthy — so you can focus on patient care, not paperwork.

Core Services Include:


✅ Practice Accounting & Tax Returns – Melbourne-based specialists in tax and compliance for GPs, dentists, and allied health practices.
✅ Structure & Asset Protection – Strategic advice on company, trust, and partnership structures to safeguard your assets and reduce risk.
✅ Payroll & Superannuation – Automated systems for staff, associates, and contractors with accurate, compliant calculations.
✅ Cash Flow Forecasting – lan confidently for growth using 3-way forecasting, KPI dashboards, and scenario planning.
✅ Practice Growth & KPI Reporting – Track billing, appointment volumes, and profitability for data-driven decisions.
✅ Compliance & BAS Lodgements – On-time, transparent reporting to keep your practice ATO-compliant — always.

 

Talk to a Medical Accounting Specialist

Illustration of a business team climbing to the top of a mountain, representing 42 Advisory’s leadership and commitment to helping Melbourne businesses grow.

Why Health Professionals Trust 42 Advisory

Precision, Confidentiality & Care — in Every Number

As Melbourne-based accountants for the health industry, headquartered in Chadstone, we understand the complex balancing act of running a medical or dental practice. From managing multiple income streams and payroll to meeting healthcare-specific tax obligations, we deliver accuracy, confidentiality, and intelligent systems that make your finances work seamlessly in the background.

Our team partners with both independent practitioners and group clinics across Melbourne, helping you plan ahead, optimise cash flow, and grow sustainably — without ever losing sight of compliance or patient care.

“We speak your language — patients, performance, and practice growth.”

At 42 Advisory, clarity isn’t just our brand — it’s our promise. We simplify your financial universe so you can focus on what matters most: delivering exceptional care with confidence.

Speak with a Chadstone Accounting Expert

Let’s Simplify Your Numbers — Together

Leave your email and our Chadstone-based accounting team will be in touch to help you bring clarity to your finances.