abacus lab

Tax. Advisory. Growth

Specialising in Healthcare, Consulting, and Service-Based Industries

Tailored Financial Solutions for Professionals and Practices

We provide expert accounting and advisory services for dental, medical, allied health, and consulting professionals—including GPs, specialists, dentists, physiotherapists, psychologists, and vets—as well as other service-based businesses with unique needs.

Business Tax Advisory

Stay ahead with strategic tax advice designed to keep your business compliant and tax-efficient. We offer proactive, personalised support with a deep understanding of the healthcare and professional services landscape.

Key Benefits

Industry-specific tax strategies, including healthcare and consulting
Confidence in meeting compliance requirements
Minimised tax liabilities through smart structuring
Ongoing, personalised advice aligned with your business goals

Income Tax Returns

We prepare accurate, compliant tax returns for individuals, companies, trusts, SMSFs, and partnerships—ensuring all eligible deductions and credits are claimed to maximise your tax outcome.

Key Benefits

Maximise deductions for equipment and business assets
Claim professional development and travel expenses with confidence
Optimise business-related expenses
Achieve tax savings while staying compliant
Reduce audit risks through accurate, thorough reporting

New Business Setup

Launch your business with confidence. We guide you through the financial and compliance landscape to ensure your business starts with the proper structure and systems in place.

Key Benefits

Review of your personal and business circumstances
Tailored advice on structure optimisation
Clear guidance on the pros and cons of different structures and what suits your needs
Setup of accounting software, payroll, super payments, and chart of accounts
Best-practice workflows to help you maintain accurate financial records

Tax Planning Strategy

Leverage proactive tax planning to reduce your tax liabilities and stay compliant, while aligning your financial decisions with your broader goals.

Key Benefits

Holistic review of your financial and business circumstances
Assessment of your year-to-date (YTD) tax position
Guidance on trust distribution planning before financial year-end
Strategic review of ways to minimise tax across different structures
Clear, compliant strategies to help you avoid unnecessary stress or surprises from the ATO

Business Activity Statement (BAS)

Accurate and timely BAS preparation and lodgement to keep your business compliant and cashflow on track.

Key Benefits

Efficient, automated BAS preparation
Guaranteed on-time lodgement
Strategic GST review and optimisation to avoid overpayment

Bookkeeping

Keep your financial records in top shape with professional bookkeeping support—so you can focus on what you do best.

Key Benefits

Accurate transaction recording and bank reconciliations
Quarterly financial reporting for visibility and planning
Thoughtful expense categorisation
Timely insights into expense deductibility
Practical performance insights to support informed business decisions

FBT Returns

We prepare your Fringe Benefits Tax (FBT) returns strategically to minimise liabilities while ensuring full compliance. If you've never lodged an FBT return, the ATO can audit retrospectively without time limits. Lodging even a nil return can reduce your audit risk significantly—we’ll help you do it right.

Key Benefits

Strategic preparation to minimise FBT liabilities
Ensure full compliance with FBT regulations
Reduce the risk and audit window from the ATO
Peace of mind through accurate and timely lodgement

Tax Advisory – Property, Vehicles & More

We offer strategic tax advice on personal and business decisions that may impact your tax position—helping you structure major purchases like property or vehicles in a tax-efficient and compliant way.

Key Benefits

Guidance on structuring property purchases for tax effectiveness
Advice on selecting your main residence to optimise tax outcomes
Support in deciding how to buy a car (personally or through your business)
Clear explanations of tax compliance obligations for different ownership structures

Audit Insurance (via Audit Shield)

We partner with Audit Shield to offer audit insurance that covers the professional fees involved if your business is audited or reviewed by the ATO. If you're covered and an audit occurs, our services are provided directly under that cover—no out-of-pocket cost for our time.

Key Benefits

Covers our professional fees if you're audited or reviewed
Protection for ATO audits
Peace of mind with no surprise costs for our audit-related services
Simple opt-in process through our trusted partner, Audit Shield

ASIC Agent Services

As your registered ASIC agent, we manage your company’s compliance obligations with the Australian Securities and Investments Commission—ensuring your records stay up-to-date and you meet key deadlines.

Key Benefits

Hassle-free management of ASIC lodgements and annual statements
Timely reminders and compliance tracking
Changes to company details handled promptly and correctly
Avoid late fees and penalties through proactive oversight

Ready to Optimise Your Practice with Expert Accounting?

Whether you're a medical or allied health professional, consultant, or service-based business owner, we provide tailored accounting solutions to streamline your operations, stay compliant, and support long-term growth.

Why Choose Us

Why Healthcare Professionals Choose Us

We understand the unique financial challenges and opportunities in healthcare practices.

15+

Years of Experience

Specialised expertise in healthcare accounting and tax strategies.

100+

Satisfied Clients

Trusted by doctors and dentists across Australia.

Responsive Support.

Always here when you need financial guidance and support.