Specialist Medical & Dental Accountants

Why Choose Forrest Accountants

Personal service, specialist expertise and genuine uncompromised advice. We also make the switch easy...

• We manage the transfer of your data

  Once you make the decision to transfer your work to us, we liaise with your previous accountants to arrange for the transfer of your historical data.

• Available, enthusiastic and professional

  We want to hear from you and your convenience is important to us. We meet when and where you choose, and respond promptly to all forms of contact.

• We pass on the savings of specialisation to you

  There are efficiencies derived from providing specialised advice. Ask for a no obligation fixed price quote, and prepare to be pleasantly surprised.

• No product selling, just specialised taxation advice

  We do not sell financial products nor do we receive commissions. This means we are focused only on providing quality advice. Business on your terms.

• Specialist medical and dental accountants

  Not all businesses are the same. We understand your business, and have proven strategies that have been specifically designed for you.

About Us

Forrest Accountants are specialist accountants and taxation advisors for medical and dental practitioners.

Our goal is to have 100% client satisfaction with all aspects of our service. We will achieve our goal by:

• Showing we care and putting our clients’ needs first
• Demonstrating our expertise at all times
• Delivering an excellent personal service
• Providing value in everything we do
• Being professional, yet caring and friendly

The measure of our success will be clients willing to refer colleagues to receive the same experience they have enjoyed.

Graham Forrest, Principal

Providing specialist taxation services to the medical and dental industry for more than 15 years.

Prior to commencing Forrest Accountants, Graham was a partner in a boutique firm specialising in medical and dental professionals, a principal in a Mid-tier national chartered accounting firm as well as experience working in one of the Big 4 international accounting firms.

With an emphasis on friendly, professional service, Graham’s focus is to ensure his clients taxation and accounting affairs are optimised. From bookkeeping to practice structuring, his attention to detail and tailored solutions are designed to provide peace of mind and client value.

Graham has had extensive experience in areas such as business structuring, asset protection, capital gains tax and estate planning.

Qualifications

• Bachelor of Commerce
• Chartered Tax Advisor
• Fellow of the Taxation Institute of Australia
• Fellow of the Institute of Public Accountants
• Graduate Diploma of Financial Planning
• Certified Financial Planner

Our Clients

As medical practitioners, you understand the importance of getting it right, first time. So do we.

At Forrest Accountants you are not passed down to junior staff, we make sure you speak directly to specialists so you get the right answer, first time. While all clients need to be treated individually, there are specific issues common to medical and dental practitioners that make specialising beneficial. Here’s just a few of those issues:

• Use of Service/Administration Trusts

  Many practitioners use service trusts to supply staff, equipment, premises and administration services to their main business entity. The Australian Taxation Office have previously expressed concerns regarding the use of these entities, in particular regarding the commerciality of the fee paid to the service entity. We are able to structure your management fee within ATO guidelines specific to medical and dental practitioners.

• Independent Contractor Agreements

  It is common when engaging other practitioners to work in your practice that they be engaged as independent contractors eg for professional negligence purposes. This generally involves the independent contractor deriving a percentage of fees that they generate. We can help ensure that agreements are properly drafted to include tax considerations such as GST, PAYG withholding, State payroll tax etc.

• Structuring for tax efficiencies and asset protection

  Whether you are establishing a new practice, conducting an existing practice or making investment or business decisions for the future, it is critical that you consider the taxation consequences of the structure, ownership and financing of business assets and investments such as property and shares. Our considerable experience ensures our advice is practical, relevant, and designed to optimise your tax position.

Services

Specialising in medical and dental practitioners, our comprehensive suite of tailored solutions includes:

• taxation advice and planning
• business advisory
• implementing and maintaining bookkeeping solutions including cloud accounting
• establishment of and tax effective structuring of private practices
• arranging independent contractor agreements
• self-managed superannuation establishment and advice
• asset protection strategies
• advice on the ‘other’ taxes eg payroll tax, transfer (stamp) duty, GST, capital gains tax etc
• business succession and estate planning advice
• small business capital gains tax concessions
• tax based financial and finance structuring advice

Our core business is the preparation of financial statements and income tax returns for the following structures:

• Individuals
• Companies
• Trusts
• Partnerships
• Self-managed superannuation funds (SMSF)

Don’t you think it’s time for a second opinion?

Contact Us

Located just north of the Perth CBD, we are happy to meet at a place convenient to you.

To arrange a no obligation free initial consultation, please contact us by telephone, email, or using our enquiry form below.

© 2021 Forrest Accountants Pty Ltd. All rights reserved.

Liability limited by a scheme approved under Professional Standards Legislation