Sikatrix Business Accountants
Industry

Financial Management for Healthcare Professionals

We understand the unique billing environment, professional body requirements, and compliance obligations of private healthcare in South Africa.

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How we support Medical & Healthcare

You'll have monthly reconciled revenue accounts, compliant payroll for clinical and administrative staff, and zero outstanding SARS obligations. Your practice runs. We handle the numbers.

Black South African medical professional discussing patient care and practice finances

"We understand the unique billing and compliance environment of private healthcare."

  • Practice revenue reconciliation (medical aid, cash, GAP)
  • Clinical and administrative staff payroll
  • Monthly VAT submissions where applicable
  • Annual Financial Statements
  • Personal and corporate income tax returns
  • HPCSA practice number compliance support

Get Specialist Accounting for Medical & Healthcare

Book a free 30-minute consultation and we'll show you exactly how we support your sector.

Common questions from Medical & Healthcare

Is medical practice income subject to VAT?

Most medical services rendered by registered medical practitioners are exempt from VAT in South Africa under Section 12(b) of the VAT Act. However, certain ancillary services (medical supplies, cosmetic procedures, and non-core services) may be taxable. We assess your practice's full VAT exposure.

Can a doctor operate through a company (Pty Ltd)?

Yes. Many healthcare professionals practice through a personal service company or trust for tax and succession planning purposes. There are important SARS rules around personal service companies — we advise correctly and within the law.

How do we account for unpaid or rejected medical aid claims?

Unpaid or rejected medical aid claims are a significant receivables challenge in healthcare. We set up correct income recognition policies and track outstanding claims against monthly submission reports so nothing falls through the cracks.

Talk to a SAIPA-registered accountant today

Book a free 30-minute consultation. No obligation — just straight answers about your compliance and tax position.