Accounting Services for Healthcare in Holbrook
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 work rarely produces a simple, predictable income pattern, and that creates a set of accounting pressures that generalist accountants can easily miss. Here are the issues we most often help healthcare clients work through.
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 same core areas as any accountancy service, but applied to the way healthcare income and costs work. In practice that means Self Assessment returns for sole traders, partners and directors, annual accounts and Corporation Tax returns for limited companies and incorporated practices, VAT advice and returns where you provide taxable services, payroll for clinical and administrative staff, bookkeeping, management accounts and tax planning. It also means understanding exempt medical supplies, mixed private and NHS income, and the specific expenses healthcare professionals commonly incur.
They suit any healthcare professional or healthcare business that has tax or accounting obligations. That includes locum and salaried GPs, hospital doctors and consultants with private practice income, dentists and dental associates, pharmacists, nurses, physiotherapists, podiatrists, optometrists, psychologists, carers and other practitioners working as sole traders, in partnerships or through limited companies. On the business side, it includes medical and dental practices, private clinics, care providers and multi-practitioner partnerships that need payroll, VAT and year-end support.
If you have self-employed income, you generally need to report it to HMRC through Self Assessment, even where tax has already been deducted somewhere else. A locum working through several agencies or practices will often have multiple income sources, expenses to claim such as mileage, indemnity insurance and equipment, and payments on account to manage. An accountant can keep the records straight, claim what is legitimately allowable and make sure the return is filed correctly and on time.
The two streams are usually reported through different channels and often have different VAT consequences, so the first step is making sure each is captured separately and accurately in your records. NHS or health board income is normally exempt from VAT, while some private work — such as cosmetic procedures, non-medical reports or retail sales — may be standard-rated. We look at your combined position, work out whether registration is required, and apply the right treatment to each element, including partial exemption calculations where both taxable and exempt supplies exist.
Allowable expenses are those incurred wholly and exclusively for your work. In healthcare that commonly includes professional indemnity insurance, registration and professional body fees, continuing professional development, specialist equipment and uniforms, medical supplies, business mileage, a proportion of home costs where you work from home, and accountancy fees. Employment expenses are more restricted than self-employed ones. What counts as allowable depends on your circumstances, so it is worth a conversation before you assume something cannot be claimed.
Yes. Medical and dental care is generally exempt from VAT, which often means practices are not required to register — but other activities can change the picture. Dispensing, cosmetic treatments, medico-legal reports, occupational health work, room hire, training and retail sales may be taxable, and those supplies can push you over the registration threshold or require apportionment. We advise on whether registration is necessary, prepare and file returns, and handle partial exemption and the correct treatment of mixed supplies.
We can handle either or both. Some healthcare clients bring us only their year-end accounts and tax returns, and keep their own records. Others prefer us to run bookkeeping, and either manage their VAT returns and it for them or review the payroll software to ensure accuracy. Setting up or tidying digital bookkeeping also makes the year-end process quicker and gives you better information during the year, rather than finding out how the practice performed months after the period has ended.
Simply get in touch and we will arrange an initial conversation about your circumstances and what you need. From there we review your position, agree a scope of work and set up the processes and deadlines. Most of the work can be handled remotely using secure document sharing, email and video calls, which suits healthcare clients who cannot easily step away from a clinic during working hours. If you prefer meeting in person, that can be arranged as part of the onboarding discussion.
