Tax & Accounting for Medical Professionals in BC

Guidance for physicians, doctors, and medical practices—tax and accounting in British Columbia.

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What this guide covers

Medical professionals and their practices face specific tax and accounting issues: practice structure, double taxation, negotiated benefits (e.g. Doctors of BC), and claiming medical and practice-related expenses. This hub connects you to RHN’s content for physicians and healthcare practices in BC and the Okanagan.

In this guide:

• Physician and medical practice tax
• Medical expenses and claims

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Physician and medical practice tax

How you structure your practice—incorporated vs. unincorporated—and how you take income—salary vs. dividends—affects your tax position and benefits. Physicians who are incorporated need to be aware of double taxation on certain items: some benefits negotiated through Doctors of BC (or similar) may be taxable to the corporation and again when received personally if not structured correctly. We cover double-taxation issues and tax-efficient structures so you can focus on your practice.

Articles in this topic

• Physicians: Avoid Double Taxation – Doctors of BC Negotiated Benefits
• Tax and Accounting for Medical Practices in BC: What Physicians Need to Know

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Medical expenses and claims

Medical expenses can be claimed on your personal return under certain conditions. What qualifies—premiums, prescriptions, devices, travel for medical care—and the 12-month period you use can make a real difference. Keeping proper records and understanding the rules helps you claim what you’re entitled to.

Articles in this topic

• Personal Tax Tip: Medical Expenses You May Be Able to Claim

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Below is a full list of everything in this topic, grouped by category.

Part of our Medical Professionals hub

Tax and accounting guidance for physicians

Find practical resources on physician tax planning, practice structure, and medical expense topics in BC.

View Medical Professionals hub →