Chartered Medical Accountants for the Whole Healthcare Sector
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We help online coaches and advisors with accurate cloud-based accounting support.
Tax planning for doctors and medical professionals with different sources of income and professional expenses.
Pension input calculations, tapered Annual Allowance checks and Scheme Pays advice, based on NHS Pension Scheme guidance.
Accurate bookkeeping for medical professionals, practices and businesses.
Payroll for clinical and admin staff, locum payments, statutory pay and pension auto-enrolment filed on time each month.
Most medical care is VAT exempt but cosmetic treatment, dispensing and product sales are not. We handle partial exemption calculations properly.
Medical professionals often deal with a more complex financial picture than a standard tax return suggests. Multiple income streams, practice overheads and changing working patterns all need to be recorded and reported correctly.
We act for medical clients across London and understand London weighting and high-cost area supplements.
Professional fees, indemnity, courses, equipment and mileage — we make sure nothing allowable is missed.
Annual Allowance calculations are complex. We guide NHS clinicians through pension input, tapering and Scheme Pays.
Accounts, returns and payroll filed on time with early reminders, so penalties simply do not happen.
Status reviews on sessional and locum engagements, plus a clear answer on limited company versus sole trader.
Clear pricing agreed up front, so you get full expert service with no hidden extras.
We begin by getting to know your practice and understanding your unique needs. This step ensures we have a clear picture of your operations and your goals.
Based on our initial discussion, we create a personalised plan designed specifically for you. The aim is to keep everything organised and easy to follow. You can rest assured that your numbers are being handled with expert precision.
From there, we take care of the ongoing work and keep you updated with reports. You’ll always know what’s happening, and we’re always here to answer your questions, ensuring you have a clear picture of your financial health at all times.
Using the latest technology to offer customised financial strategies that help healthcare practices grow and thrive.
A dedicated accountant who knows your practice, your income mix and your pension position.
Our team is here whenever you need guidance. We offer unlimited support to ensure your financial management is always on point.
Our team has over 100 years of combined accountancy experience.
Never Miss any deadline with our automated email reminders.
We’re an ICAEW, ACCA & AAT accredited Firm.
Take a back seat and let our expert accountants handle everything. Here’s how easy it is to get started with us:
Reach out to us, and we’ll discuss your needs and how we can help your healthcare practice thrive.
We’ll send over a simple letter to formalise our partnership and get everything in motion.
If you're switching, we’ll take care of contacting your previous accountants to make the transition smooth.
From there, sit back and relax. We’ll manage your accounts, taxes, and everything in between, keeping your practice running smoothly.
Medical Accountants in Faringdon look after the day-to-day accounting and tax requirements of doctors, GPs, consultants and medical practices. That typically includes annual accounts, Self Assessment tax returns, bookkeeping, payroll and tax planning, along with guidance on how different income sources are treated.
Our services are designed for medical professionals and medical businesses, including locum doctors, salaried GPs, private practitioners, consultants and practice owners. Whether you work alone or run a practice with employees, the support can be adapted to your circumstances.
Salaried NHS income is usually taxed through PAYE, but private fees, locum work, consultancy income and some additional NHS payments often need to be reported through Self Assessment. The exact position depends on your individual circumstances, so it is worth reviewing your income sources carefully.
We can review the expenses you incur in the course of your medical work, which may include medical indemnity cover, professional subscriptions, training and equipment. Whether a particular cost is allowable depends on your individual circumstances and how it relates to your work, so each claim should be considered on its own merits.
Even occasional locum or consultancy work creates income and expenses that need to be recorded, and accurate records make your tax return far easier to complete. We can set up a straightforward bookkeeping process that suits the volume of work you do, whether that is a handful of shifts or a full schedule.
We can talk through the options, such as working as a sole trader, through a partnership or via a limited company, and explain the practical and tax implications of each. The right choice depends on your income, plans and personal circumstances, so this is usually best reviewed together.
VAT treatment depends on the type and level of your income, and some medical services are exempt while others are not. We can review your turnover and the nature of your work to help you understand whether registration is required and how it would affect your practice.
Switching is usually straightforward: once you get in touch, we can contact your existing accountant for the information needed and take over the ongoing work. We will confirm what records are required and agree the next steps with you.
