Accounting & Tax for GPs
General practitioners face a distinct mix of income types — Medicare billings, private billing, after-hours and bulk-billing incentives, and often a split between practice ownership and contracted clinical work. A One Accountants’ accounting for GPs service is built around these realities.
Common Issues We Help GPs With
- Structuring income where a GP works across multiple clinics or locations
- PSI assessment for GPs operating through a company or trust
- Tracking deductible expenses such as CME, indemnity insurance, and equipment
- BAS and GST treatment of mixed billing and any cosmetic or non-Medicare services
- Superannuation and retirement planning around variable practice income
Whether You’re an Owner or a Contracted GP
GPs who own their practice face different planning needs to GPs contracted to a clinic under a service agreement. We tailor advice to your specific arrangement — including how service fees, room rental, and billing splits are taxed.
Related Resources
- Back to Accounting and Tax Services for Doctors
- PSI Rules for Doctors and Medical Professionals
- Medical Clinic Operations — Accounting Support
- Tax Deductions Every Doctor Should Know
Whether you own your clinic or work under a service agreement, we’ll help you structure your GP income and tax position correctly.