Are you a General Practice owner wrestling with the complexities of running a busy General Practice?
As if the pressure put on general practice by Covid-19 was not enough, there are also other looming issues for the industry which need navigation, including:
- Increased payroll tax audit activity and the need to adjust your contractual and billing arrangements
- Changes to the “income-splitting” rules with consequential impacts on overall tax payable
- The impact of technology on practice processing and automation
- Managing your practice to ensure you make an economic return for all your hard work.
You don’t have to take this journey on your own!
If you would like to book a complimentary meeting, please click here
About Prosperity Health
Prosperity Health tailors advise to your practice life cycle, whether starting a new practice, building and growing an established practice, maximising the value of your practice, or helping you to plan for succession and transition out of your practice. Drawing on more than 30 years of industry practise, we combine the skills, knowledge and know-how of chartered accountants, tax specialists, financial planners, business managers and cloud system experts to help practice owners manage for prosperity.
The entry point to engaging your Practice with Prosperity Health is a complimentary meeting with one of our dedicated health specialists to explore the needs of your start up practice. Some clients engage us to prepare a detailed statement of recommendations, where we take into consideration the financial plan, structure, business strategy, owner return, growth aspirations, financial position and put in place a strategy that covers these key areas.
We work with our Practice clients closely and cost effectively to ensure they have the right information at the right time to make informed financial choices as they start and grow their business.
If you would like to book a complimentary meeting, please click here
General Practitioner Industry Benchmark Report 2020
Now in its sixth year, the study assists many practices to understand their key performance metrics to keep ahead of the competition. The report provides insights from the study and recent broader industry research in what has been a year heavily influenced by the impact of COVID-19