Accounting Services for Healthcare in Daybrook
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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 often face a more complicated financial picture than most other self-employed or business owners. These are the issues we see most often.
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.
It covers the accounting and tax work that arises from how healthcare income is earned. In practice that usually means Self Assessment returns that combine NHS salary, locum or private fees and partnership profits; accounts and Corporation Tax computations for practices and clinics trading through a limited company; bookkeeping and record keeping that suit clinic diaries and rota patterns; payroll for salaried and part-time staff, locums and support workers; VAT where private or retail elements of the business require it; and tax planning around expenses, structure and future investment in the practice.
Both sources normally need to be reported together on your Self Assessment return, but they are treated differently in some respects. NHS salary is usually taxed through PAYE, while private fees, locum payments and medico-legal income are generally untaxed until you report them, which is why the tax due at the end of the year can feel substantial if nothing has been set aside. Pension contributions, professional indemnity and allowable expenses can reduce the overall bill. Getting the split right — and knowing which costs relate to which income stream — is where most of the value of proper advice sits.
Commonly claimable costs include professional indemnity and regulatory body fees, specialist equipment and instruments, clinical uniforms and laundry where relevant, medical and professional publications, certain training that maintains existing skills, and travel between separate work sites such as clinics, hospitals and surgeries. Ordinary commuting between home and a single regular workplace is not normally allowable, and personal costs cannot be mixed in. Because the rules depend on your specific circumstances, we look at what you actually spend and identify what can properly be claimed rather than applying a blanket list.
You may, particularly once private fees, locum shifts or medico-legal work begin alongside your salary. Those extra income streams generally need to be reported through Self Assessment, and the expenses attached to them are not always obvious. An accountant can confirm whether you need to file, ensure the correct expenses are claimed, and help you plan for the tax that will fall due rather than receiving an unexpected bill. For straightforward cases the cost of that support is often modest relative to the risk of filing incorrectly.
We run payroll for the whole team, whether that includes salaried clinicians, part-time reception and administrative staff, locums engaged on different terms or care and support workers. That means calculating pay correctly, applying the right tax codes and National Insurance treatment, handling statutory payments, meeting pension auto-enrolment duties and submitting the necessary reporting to HMRC on time. Where a practice pays locums, we also look at the status of those arrangements, since how a locum is engaged can affect both the practice's obligations and the individual's tax position.
It depends on what you provide. Many medical and healthcare services are exempt from VAT, which means they do not count towards the registration threshold and VAT is not charged on them. However, some services and products — certain cosmetic or non-medical treatments, retail sales from a pharmacy or clinic, and some consultancy work — are standard-rated and do count. Many healthcare businesses therefore end up with a mix of exempt and taxable supplies, which needs careful monitoring. We look at which parts of your income are exempt and which are not, and advise on registration and reporting accordingly.
Yes. Most of the work involved in accounting, tax returns, bookkeeping and payroll can be handled remotely, with documents and information shared securely and meetings held by phone or video at times that fit around clinics and rotas. If you prefer to bring paperwork in person, that can be arranged too. The important thing is that records reach us accurately and deadlines are met, so we agree a way of working that suits your schedule rather than expecting you to fit around ours.
It begins with a conversation about your situation — your role, how you are structured, the income streams you have and what you currently do about bookkeeping, payroll and tax returns. From there we review your position, highlight anything urgent such as an approaching deadline or unfiled return, and set out how we would support you going forward. There is no obligation at that stage; it is simply a chance to establish whether we are the right fit and to understand what your accounting needs actually are.
