Specialist Accounting for Obstetricians & Gynaecologists

Helping Obstetricians & Gynaecologists manage private billings, practice structures, asset protection, and strategic tax planning.

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How we can help you

Private Practice & Hospital Income

The Challenge: Obstetricians & Gynaecologists often receive income from multiple sources, including private patient billings, hospital appointments, consulting rooms, procedural work, and practice distributions. Managing these income streams while maintaining accurate records and tax compliance can be complex.

The Santoro Grieco Solution: We implement streamlined accounting systems, reconcile income from multiple sources, manage your BAS and tax obligations, and provide clear financial reporting so you always know where your practice stands.

Asset Protection & Practice Structures

The Challenge: High-income medical specialists can be exposed to unnecessary tax and personal risk when operating under outdated structures. Without proper planning, valuable wealth and assets may remain vulnerable.

The Santoro Grieco Solution: We design and review service entity arrangements, discretionary trusts, and company structures to help protect your assets, improve tax efficiency, and support long-term wealth creation.

Practice Growth & Succession Planning

The Challenge: As practices grow, Obstetricians & Gynaecologists often face challenges around staffing, payroll compliance, associate arrangements, expansion opportunities, and eventual succession planning.

The Santoro Grieco Solution: We provide proactive business advisory services, payroll tax reviews, financial benchmarking, and strategic planning to help you grow your practice confidently while maintaining compliance.

Specialist Tax Deductions for Obstetricians & Gynaecologists

Unlike general tax agents, we understand the profession-specific deductions and expenses unique to Obstetricians & Gynaecologists.

  • College & Registration Fees: Claims for RANZCOG membership, AHPRA registration, specialist college subscriptions, and mandatory professional memberships.

  • Professional Indemnity Insurance: Full deductions for medical indemnity insurance premiums and medico-legal protection cover.

  • Medical Equipment & Consulting Rooms: Depreciation and immediate write-offs for colposcopes, ultrasound equipment, examination instruments, laptops, and practice technology.

  • Multiple Worksite Travel: We maximise legitimate motor vehicle claims for travel between hospitals, private consulting rooms, day surgeries, and outreach clinics.

  • Professional Development & Conferences: Deductions for RANZCOG conferences, specialist training programs, CPD courses, workshops, accommodation, and qualifying travel expenses.

  • Practice & Consulting Expenses: Claims for medical software subscriptions, telehealth platforms, professional journals, office equipment, uniforms, scrubs, and mobile phone usage related to patient care.

Testimonials

  • The team are always helpful and happy to answer any questions or issues we have. I wouldn't go anywhere else for our accounting needs as these guys do it all and do it well.

    Vince S.

  • My name is Tony I am a director of two companies . I engaged Santoro & Co 15 years ago to manage my financial affairs , superannuation and tax reporting. I have been in business for more than 40 years and have experience with other accounting firms. Santoro & Co have been exceptional in their accounting practices . They are client focused , competent , efficient and very nice to to work with. I am very confident and more than happy to recommend Santoro & Co as an accounting practice .

    Tony S.

  • I have been with Santoro & Co for 20 years since then I was very happy with the services, tax returns and the professional advice when I need it. Thank to Mario ,the management and Simon for the assistance and for everything and I strongly recommend them for tax management .

    Mohsen G.

  • We moved to Santoro & Co some years ago to have them manage our personal tax and our SMSF. It turns out to have been a very wise decision. Santoro & Co have always managed our financial affairs in a timely and professional manner and we would have no hesitation in recommending them to others.

    David C.

  • Reliable, timely and professional service.

    Adriana G.

  • I have been a client of Santoro and Co for decades and have always found them to be consistently attentive to my questions and information that I require. In recent years when I have a private financial advisor, the transfer if information between them has been seamless. The accountant who looks after me, Simon Grieco, is a great example of the provider of the kind of service that I have come to rely on.

    Carmella L.

  • I would like to express my appreciation to Santoro & co for their team in providing us with an excellent level of service in the past eleven years. The staff at Santoro are always helpful to us especially, Mario & Simon Grieco. I would like to compliment all their staff for their professionalism and assisting us in a timely manner . I would not hesitate to recommend Santoro & Co to anyone who wants their accounts done professionally.

    Arsenios L.

  • My wife and I have been dealing with Simon and Santoro & Co for over 7 Years. We have always been impressed by the level of expertise,professionalism and efficiency in their response time. We have in the past and will always refer family and friends to Simon and Santoro & Co for their accounting needs.

    Stefano & Carla M.

  • Fast, reliable and honest service from the team at Santoro & Co

    Victoria S.

  • Very much valued Simon’s assistance and insight for personal tax matters. No question was too simple or difficult for him and he balances professionalism with having your best interests at heart. Would recommend Simon and the team at Santoro & Co.

    Luca C.

  • Santoro & Co have been fantastic with helping us set up our business structure and helping us with our yearly taxes. Simon has explained our tax obligations as we have started our own small business and transitioning from sole trader to a company. Communication was great, Simon responded very quickly and was available and happy to answer any of our questions. Highly recommend!

    Daniel & Linda L.

  • Simon is fantastic, always available to help us and answer any questions when needed! Extremely helpful and nothing is a problem. Highly recommend.

    Karly & Brad S.

  • I have been dealing with Simon from Santoro & Co for the past 5 years. Simon is very thorough, pro-active and all in all, great to deal with.

    Vince I.

  • Santoro & Co have been looking after my business and private accounting affairs for a number of years now. The staff in general are most polite and caring. Mario and Simon in particular have always been responsive to my requests and available to assist with all my accounting needs whether it be matters concerning my accounts, staff, tax and even assisting me with my lending needs. They care about their clients and provide guidance and advice when required. I would have no hesitation in recommending them.

    Rosa P.

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  • Simon Greico has been looking after our personal finances for many years now. He is efficient, reliable, and is always there to answer any questions we have with the utmost professionalism. We will continue to recommend Simon and Santoro & Co.

    Adriana & Frank P.

  • Simon and the Santoro & Co team have been invaluable in helping to set up and run our business’ accounting needs. We have absolute peace of mind knowing that our bookkeeping, payroll and taxation is taken care of by Simon and the team, which allows us to spend more time working on the business. We highly recommend the Santoro & Co team and their services.

    Domenic & Sara R

  • Simon has been looking after my personal and business taxes for the past 4 years. In this time, he has been extremely responsive, honest and thorough with every question I have asked and any document I’ve given him to review. I highly recommend Simon and his services.

    Sebastian P.

Frequently Asked Questions

Still have questions? Take a look at the FAQ or reach out anytime. If you’re feeling ready, go ahead and apply.

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  • Yes, travel between separate workplaces may be deductible where you are travelling directly between hospitals, consulting rooms, day surgeries, and outreach clinics. Maintaining accurate records is essential to substantiate any claims.

  • In many cases, professional memberships, AHPRA registration fees, continuing professional development courses, conferences, workshops, and related expenses may be deductible when directly connected to your current employment or private practice activities.

  • The most appropriate structure depends on your circumstances, including income sources, practice ownership arrangements, family situation, asset protection requirements, and long-term wealth goals. A structure review can help ensure tax efficiency while remaining compliant with current legislation.

  • Equipment used in your profession may be immediately deductible or depreciated over time depending on its cost and business use. This can include medical instruments, laptops, software subscriptions, telehealth systems, and other practice technology.

  • Recent payroll tax developments have increased compliance risks for many medical centres and specialist practices. Reviewing contractor and service fee arrangements can help identify potential exposures and reduce the risk of future assessments.