Medical & Allied Health

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Specialist accounting, tax and advisory for medical professionals looking to grow confidently, minimise stress, and protect their practice.


As a busy professional, the last thing you want to worry about is the complexities in your tax requirements and financial obligations.  That’s why SMART Business Solutions are the accountants who specialise in accounting for doctors and specialists, dentists and medical health professionals, and medical or dental practices.

We believe that your needs are unique because your business cycle is different to other professions. Your wealth grows in different patterns. Your work life is unique and so is your path to retirement.

SMART Business Solutions are skilled in understanding the intricacies in medical and allied health accounting including debt reduction, further investments using trust structures, investment companies and self-managed superannuation funds to protect investment from your industry specific risk.

With a large portion of the Greater Melbourne business community being built up by medical and allied health practitioners, the entire SMART team are regularly trained on legislative updates and changes to support our medical and health care clients.

Meet your medical accounting experts.

We understand that not everyone works 9 to 5. We're flexible in our communication and are happy to arrange early morning or after hours appointments to suit you.

Call us on 03 5911 7000 to arrange a complimentary consultation.

Shannon Smit - Founding Director B.Bus. Chartered Accountant |
Registered Tax Agent | Financial Advisor | Licenced Mortgage Broker


Daniel McCulloch - Partner B.Bus. Chartered Accountant |
Registered Tax Agent
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“As a medical specialist, I spent my 20’s studying and scrimping whilst everyone around me was earning a decent income and building their financial foundations. Fast forward to my 30s where I was finally a qualified medical specialist and began earning and operating a business. I was struggling to make sense of the complexities of my business entities and the confusing advice I had received to date. I ended up in tax debt quite quickly, with no real understanding of the complexities of PSI income or cashflow management.  After engaging Shannon and Daniel, I have been provided with a sense of financial confidence that I have not experienced before. They have helped me transform the way I operate my practice and how I manage my personal finances, resolving the overwhelming anxiety I was constantly living with.”

Medical Specialist / SMART Client

The Medical Accounting Specialists

With deep expertise in the healthcare sector, we partner with doctors, specialists, and practice owners to deliver tailored tax, business, and financial advice. Get in touch today to see how we can support your goals - personally and professionally.


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10 Sep

What Victorian Medical Practitioners Need to Know About Payroll Tax

Over the past 18 months, payroll tax has become one of the most talked-about issues in healthcare accounting. For Victorian general practitioners, specialists, and practice owners, the recent changes introduced by the State Revenue Office (SRO) carry significant implications—both financial and operational.


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4 Aug

Understanding Payroll Tax for Medical Practices: A State-by-State Breakdown

Explore a detailed, state-by-state guide on how payroll tax applies to medical and healthcare practices across Australia. Includes thresholds, exemptions, rates, and recent legislative updates for GPs and contractors in 2025/26.


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17 Apr '24

The assault on professional services

The ATO has signalled that it is willing to pursue professional services firms who divert profits to avoid tax.


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