Accounting Services for Healthcare in Abertillery
4.9/5.0
Google Reviews
See what doctors, dentists, and care providers say about working with us.
Supporting medical practices and private clinics with accounts, tax, bookkeeping, payroll and financial management.
Professional preparation of your annual financial statements.
Accurate and timely filing of all required tax submissions.
Accurate and up-to-date records for your practice.
Efficient payroll management for your staff.
Planning your tax position efficiently while staying compliant.
Healthcare professionals tend to have financial affairs that are more layered than most. A handful of recurring issues come up time and again in Abertillery and beyond.
Specialised knowledge of NHS funding and healthcare business accounting.
Our team focuses on your financial needs and provides solutions tailored to your business.
We provide bespoke services to ensure your financial processes are accurate.
We deliver precise financial reports on time, giving you full compliance with HMRC.
Our services offer transparent, upfront pricing with no hidden costs.
We handle all your accounting and financial tasks efficiently.
We begin by getting to know your practice and your specific needs. This step ensures we have a clear picture of your challenges, goals, and the opportunities available to you.
Based on our initial discussion, we create a personalised plan designed specifically for you. Our aim is to keep your healthcare finances straightforward, with your numbers handled accurately and professionally by dedicated healthcare accountants.
From there, we take care of the ongoing work and keep you updated with clear, regular reports. We're always here to answer your questions, ensuring you have a clear picture of your financial health at all times.
We use the latest technology to offer customised financial strategies. Thus, helping healthcare practices grow and thrive.
Our team offers dedicated accounting services tailored to your specific healthcare business. This ensures financial stability and growth for you.
Our team is here whenever you need guidance. We offer unlimited support to ensure your financial management is always on point.
Our team have over 100 years of combined experienced.
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.
They handle the accounting, tax and compliance work that sits around your clinical role. That typically includes preparing and filing Self Assessment returns where you have private income, locum earnings or medico-legal fees, preparing annual accounts and Corporation Tax returns for limited companies and incorporated practices, partnership returns for practices run by more than one practitioner, bookkeeping, payroll for practice staff, VAT advice where services fall outside the medical exemption, and tax planning around business structure and pension contributions. The practical aim is accurate filing, correct tax treatment and financial information you can act on.
It suits anyone earning from healthcare work. That includes salaried and sessional GPs, hospital consultants, locum doctors, dentists and dental associates, pharmacists and pharmacy owners, nurses and nurse practitioners, physiotherapists, podiatrists, osteopaths, chiropractors, psychologists and therapists, care providers, and private clinics or multi-practitioner medical practices. Sole traders, partnerships, limited companies and practice managers overseeing the books can all benefit, particularly where income comes from more than one source.
Not everyone does. If your only income is taxed through PAYE and there is nothing else to report, you may not need a return. However, a return is usually required if you receive private practice fees, locum or agency income, medico-legal fees, rental income, or untaxed savings and investment income, or if you need to claim reliefs such as professional subscriptions that were not handled through your tax code. High earners affected by the tapered personal allowance may also need to file. The right answer depends on your specific circumstances, so it is worth checking before assuming you are outside the system.
Common claims include professional body and regulatory registration fees, professional indemnity and medical defence cover, continuing professional development courses and conferences, specialist equipment and instruments, clinical clothing and laundry where appropriate, professional journals and reference materials, and a reasonable proportion of home office, phone and travel costs where they relate to work. Mileage between sites or to locum assignments may also be claimable using approved rates. The key is that expenditure must be wholly and exclusively for your work, and mixed personal and professional costs need fair apportionment with supporting records.
Most medical and dental care is exempt from VAT, which means it does not count towards the registration threshold. However, not everything a practice does is exempt. Cosmetic treatments that are not aimed at protecting, restoring or maintaining health, together with retail sales such as products, supplements or non-medical services, are generally standard-rated. If your taxable turnover from those activities exceeds the registration threshold, you may need to register, and mixed exempt and taxable activity can bring partial exemption rules into play. This is an area where the detail of what you actually provide matters.
They are treated differently and need to be recorded separately. NHS salary and superannuable earnings usually come through payroll with tax deducted, while private fees, non-NHS work and locum income are typically reported through Self Assessment. Where both exist, practice accounts need to distinguish between them clearly, track superannuation deductions and pension contributions correctly, and ensure the Self Assessment return reflects the untaxed elements without double counting what has already been taxed at source. Good bookkeeping from the outset makes this far simpler at year end.
Yes. Much of the work involved in healthcare accounting is document-based and can be handled remotely, using secure digital sharing for records, invoices and bank information, and video or telephone calls for discussions. For clinicians with demanding rotas or practices spread across sites, remote working often makes it easier to keep things moving. What matters more than location is that records are passed over promptly and questions are raised early, so nothing is left until the filing deadline.
Keep invoices and receipts for all income and expenditure, bank and credit card statements, mileage logs, payslips, superannuation statements, pension contribution records, professional registration and indemnity renewals, and any contracts or associate agreements. HMRC generally expects records to be kept for at least six years from the end of the relevant accounting period, and longer in some situations. Digital record keeping is usually easiest to maintain and simplest to hand over, and it reduces the risk of missing claimable expenses or having to estimate figures at year end.
