Accounting Services for Healthcare in Bangor
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 and practices often face a distinct set of financial and tax challenges. Understanding these can help you plan ahead and avoid unexpected issues.
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.
Healthcare professionals often require a mix of Self Assessment, bookkeeping, payroll, VAT, and tax planning. If you work as a GP, dentist, consultant, or pharmacist, you may have NHS and private income to report. For incorporated practices, annual accounts and Corporation Tax returns are also necessary. The right services depend on your structure and income sources, and a specialist accountant can tailor support to your circumstances.
Yes. We can help you report NHS earnings and private practice income correctly. This includes understanding how pension contributions, expenses, and different payment streams should be treated. Accurate reporting helps you meet your Self Assessment obligations and avoid unnecessary queries from HMRC.
Not all healthcare services are VATable, but some treatments and products are. If your turnover exceeds the VAT threshold, or you provide mixed supplies, you may need to register. We can review your services and turnover to determine whether VAT registration is required and help you comply with Making Tax Digital.
Allowable expenses typically include professional indemnity insurance, medical equipment, subscriptions to professional bodies, and travel between different work sites. However, rules are specific, and personal expenses cannot be claimed. We can help you identify legitimate deductions and keep the right records.
Payroll for healthcare practices can involve employees, locum doctors, and associates. Each may have different tax and pension implications, including auto-enrolment and IR35 rules. We can manage payroll processing, payslips, and RTI submissions, helping you stay compliant and pay people correctly.
Yes. Locum work and multiple roles often mean irregular income and complex tax calculations. We can help you track income, claim allowable expenses, and complete your Self Assessment accurately. We also provide advice on whether operating through a limited company might be suitable.
You should keep records of all income, including NHS payments, private fees, and locum invoices, as well as receipts for expenses. Records should be kept for at least five years after the 31 January submission deadline. Good record-keeping makes tax returns easier and supports any claims you make.
Simply get in touch to arrange an initial conversation. We will ask about your practice, your income sources, and your current accounting arrangements. From there, we can outline how we can help and put a plan in place. There is no obligation, and we aim to make the transition as smooth as possible.
