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 income and expenses that are more complex than a standard payroll position, and the admin can quickly build up alongside clinical commitments. The areas below are common points where Medical Accountants in Penarth can help bring clarity.
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 Penarth handle the accounts, tax returns and bookkeeping that sit behind your clinical work, including Self Assessment, annual accounts, Corporation Tax and payroll where these apply. The work is tailored to medical income, so NHS earnings, private fees, locum income and practice profits are recorded and reported correctly. You also receive guidance on tax planning and business structure as your circumstances change.
We work with doctors, GPs, medical consultants, locum doctors, private practitioners, medical practice owners and medical businesses of varying sizes. Some clients are sole traders with a single income source, while others run practices with several streams of income and employed staff. The support is adjusted to suit the structure you work within.
Yes. Many medical professionals receive income from NHS work alongside private fees, locum shifts or consultancy, and each source needs to be recorded accurately for tax purposes. We help you keep those records organised so your Self Assessment or company accounts reflect the full picture. How each source is taxed depends on your individual circumstances and the structure you use.
Expenses such as medical indemnity cover, professional body fees, training related to your current role and equipment used for work are commonly considered, but what is allowable depends on your individual circumstances and how the expense relates to your work. We review your outgoings and explain what can reasonably be included before your return is submitted. Records should be kept for anything you intend to claim.
VAT treatment varies considerably between medical services, so registration is not automatic and much depends on the type of work you carry out and your turnover. Some medical services are exempt while others are standard-rated, and mixed income can make the position less straightforward. We review your situation and explain whether registration or a particular VAT scheme is likely to be appropriate.
There is no single structure that suits every medical professional, and the right choice depends on your income level, how many people you work with and your longer-term plans. A locum doctor with one income stream may have very different requirements from a practice owner employing staff. We explain the practical and tax implications of each option so you can make an informed decision.
Yes, switching accountants is usually a straightforward process. We can contact your existing accountant to request the information we need and arrange the handover of your records, so there is minimal disruption to your bookkeeping or filing deadlines. It helps to time the change so that outstanding returns and accounts are up to date.
Getting started simply requires an initial conversation about your role, income sources and the support you need. From there, we outline the services that fit your circumstances and confirm what information is required to begin. Ongoing support then continues throughout the year as your medical work and finances evolve.
