Business Details
Specialist Medical Accounting & Financial Services
MEDIQ Financial has been serving medical professionals for over a decade, providing specialized accounting, financial planning, and advisory services tailored to the unique needs of the medical industry. Our team of chartered accountants and financial strategists combines deep expertise in tax compliance, investment management, and business structuring with an intimate understanding of the challenges faced by healthcare practitioners. We maintain active memberships with leading professional associations including The Tax Institute and SMSF Association, ensuring our advice remains at the forefront of regulatory developments.Our collaborative approach prioritizes personalized service delivery while maintaining strict compliance with professional standards legislation. Through our integrated service model connecting accounting, legal, and financial planning divisions, we deliver comprehensive solutions that address both immediate compliance requirements and long-term wealth creation objectives for medical professionals.
Services
Medical Accounting
Tax Planning
Financial Strategy
SMSF Management
Practice Structuring
Income Protection
Property Advisory
Legal Services
Highlights and features
- We specialize exclusively in serving medical professionals with tailored financial solutions
- Our team maintains active memberships with leading professional accounting associations
- We offer integrated services combining accounting, legal, and financial planning expertise
- Our advisors have over 20 years of combined experience in medical practice structuring
- We provide ongoing compliance support aligned with evolving tax legislation requirements
Associations and certifications
- The Tax Institute
- SMSF Association
- CPA Australia
- Mortgage & Finance Association of Australia (MFAA)
Services
Medical Accounting
Specialized accounting services tailored for medical professionals address complex tax requirements and practice management needs. Our chartered accountants provide expert guidance on Medicare billing, practice structures, and service trusts while optimizing tax outcomes. With over a decade of industry-specific experience, we ensure compliance with evolving legislation while maximizing financial efficiency for individual practitioners and medical practices.
Financial Strategy
Comprehensive financial strategies combine cash flow management, investment planning, and asset protection tailored to medical professionals' unique circumstances. Our approach focuses on tax-effective structures, debt optimization, and long-term wealth creation while maintaining compliance with regulatory requirements. The team delivers personalized advice aligned with both personal and professional financial objectives.
SMSF Management
Specialist SMSF services provide strategic guidance for self-managed super funds, including property investment through SMSF and diversified portfolio management. Our advisors ensure compliance with regulatory requirements while optimizing tax benefits and investment returns for medical professionals' retirement planning needs.
Legal Services
Integrated legal services address business structuring, commercial leasing, and estate planning requirements for medical professionals. Our legal team specializes in practice premises agreements, shareholder arrangements, and succession planning while maintaining alignment with overall financial strategies.
Income Protection
Tailored income protection solutions address the unique risks faced by medical professionals, including coverage for specialized occupational hazards. Our advisors provide comprehensive risk management strategies that integrate with overall financial planning while ensuring support during claim periods through coordinated accounting and financial services.
People
Max Moodley
Principal NSW
Founder of MEDIQ's Sydney practice with over 20 years' experience in financial and tax advice for medical professionals. Holds Master of Laws and multiple specialist accreditations including SMSF Specialist Advisor.
Herbert Mai
Partner - Lending & Finance
Experienced finance adviser with 12 years in property finance, holding diplomas in financial planning and mortgage broking. Specializes in residential and commercial property financing solutions for medical professionals.
Ankur Dogra
Partner - Accounting & Taxation
CPA with 15+ years in business advisory services for medical professionals, focusing on superannuation, business structuring, and wealth creation strategies while maintaining professional accounting standards.
Margaret Patrick
Director - Legal
Qualified corporate lawyer specializing in medical practice structuring and commercial law, admitted to the Supreme Court of Victoria with experience in mid-tier and boutique legal firms.
Joy Xu
Client Director - Accounting
CPA with 20+ years' experience advising medical professionals on complex tax arrangements involving trusts, partnerships, and superannuation funds while maintaining compliance with regulatory requirements.
Questions
What tax deductions can I claim as a doctor?
Medical professionals can claim deductions for car/travel expenses, clothing, equipment, self-education, computer/office expenses, professional memberships, and financial management costs when properly documented and work-related.
How can medical accountants help with tax planning?
Specialist medical accountants help reduce tax burdens through trust structures, super contributions, and tax-deductible investments while ensuring compliance and avoiding common deduction errors.
What business structure should I choose for my medical practice?
We recommend trust or company structures for medical practices to optimize tax efficiency and wealth creation, with personalized advice based on individual practice requirements.
Is debt recycling a smart strategy for doctors?
Debt recycling can be effective for high-income earners when properly managed, converting non-deductible debt into tax-deductible investments under professional guidance.
How can doctors maximize their superannuation?
Doctors should focus on growth assets, diversified investments, and SMSF strategies while considering professional advice for optimal retirement planning.
Videos
