Skip to main navigation Skip to main content

On demand

Accounting Aspects for New Fellows Members login for free access About RACGP online events

Details

Type: On-demand
Recorded: 2 Apr 2025

Contact

For more information:
Email: Member Engagement
Call: 02 8907 9304

Price

RACGP Members: Free for Members

We appreciate your interest in the RACGP’s activities. This event is for members only.

(RACGP Members login for Member access)

Accounting Aspects for New Fellows

On-demand recorded 2 Apr 2025

Topics covered:

  1. How to complete your Business Activity Statement (BAS)
  • understanding record-keeping
  • what expenses and items can be claimed on the BAS
  • key components included in a BAS
  • important reporting dates and deadlines for BAS submission
  1. How cash flow works in general practice
  • an explanation of cash flow management in relation to service fees in different types of practices
  • managing payroll tax, with examples of what you might encounter in a practice
  • understanding how cash flow impacts day-to-day operations
  1. End of year and ‘catch-up’ payments
  • insights into tax planning for the end of the financial year
  • how to manage and prepare for ‘catch-up’ tax payments and their impact on practice finances
  1. Future superannuation planning
  • understanding the importance of long-term superannuation planning
  • strategies to ensure appropriate superannuation contributions are made and managed over time
  1. Bank borrowing: Loan application requirements for sole traders
  • an overview of the loan application process for sole traders

Learning outcomes

  1. Identify key financial processes essential for running a successful general practice.
  2. Examine cash flow management.
  3. Identify superannuation strategies.
  4. Outline the loan application process for sole traders.
Self Record
Create Quick log

Facilitator

Dr Gemma Urch
Chair - NFs Committee NSW&ACT

Dr Gemma Urch is a specialist General Practitioner. She aims to provide thorough, evidence-based care with a focus on patient health goals, preventing illness and promoting wellbeing. Dr Gemma studied Medicine at Deakin University in Victoria, and had the benefit of working in a wide variety of placements in Rural General Practice, Obstetrics and Gynaecology, Paediatrics and Emergency Medicine in Victoria, NSW and Queensland. Dr Urch completed her General Practice training in Sydney and became part of KFMP family in 2021. Dr Gemma’s interests include Skin Cancer Medicine, Women’s Health, Fertility and Family Planning, Antenatal Shared Care, Child Health, and LGBTIA+ Health. She has experience providing gender affirming care and supporting gender diverse people with all their health care needs. She values being part of a strong group practice and providing high-quality care to patients throughout all stages of their lives. As part of her commitment to this, is involved in training future specialist General Practitioners.

Speakers

Jennifer Rees
Principal, William Buck

Jennifer Rees is a Principal at William Buck with over 20 years of experience. She enjoys helping people and this is the main reason she is drawn to clients in the medical industry, working with general practitioners, specialists, surgeons and allied health practitioners. She looks after both individual practitioners and practices to achieve their business goals. Jennifer is a Chartered Accountant, Chartered Tax Advisor and outside of her William Buck role she holds several board positions and volunteer roles in the community.

Trien Ly
Principal, William Buck

Considering each perspective is crucial to creating positive results in both life and business. From a refugee background, I have a deep respect and appreciation for the people and experiences that come into my life. Raised by my family to have a strong work ethic, I believe you should always treasure your luck, because if you don’t, you may just lose it! With an approachable, considerate and understanding manner, I am passionate about my work and live by the philosophy that ‘you spend two thirds of your life awake and more than half of that time at work, so you should spend it doing what you love and with people you care about’. I am a disciplined and proactive advisor. A qualified Chartered Accountant, my areas of expertise include taxation and business advisory services to health sector professionals, specialists and other practices. Prior to becoming a business advisor, I had a ten-year career as a Biomedical Engineer. I have strong family links in the health sector, including owning a family-run General Practice, ensuring I have a unique understanding of the different stages in a medical practitioner’s career and am kept up to date with news affecting them. I understand that my clients may be time poor, so I am always on the front foot in proactively communicating and keeping in touch with them.

Disclaimer

  1. The RACGP reserves the right and has sole discretion for any reason and at any time to:
  1. Change the date, location, format, timing and/or any other aspect of an event;
  2. Postpone Events in full or any part of those Events; and/or
  3. Cancel an Event in full or any part. Should this occur, RACGP will issue a notification of change via our website, social media and/or electronic communications. Unless specifically permitted by RACGP’s Delegate Terms and Conditions, RACGP will not be liable for any damages, costs, losses or expenses of any kind incurred or suffered in connection with the RACGP modifying, postponing or cancelling an Event or any part. Please refer to our Delegate Terms and Conditions for further information

Advertising

© 2026 The Royal Australian College of General Practitioners (RACGP) ABN 34 000 223 807