Accounting Services for Healthcare in Loanhead
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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 work tends to generate financial arrangements that are less tidy than most industries, and the tax rules that sit behind them are rarely self-explanatory. 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.
Healthcare accounting applies the same core rules as any other accountancy work, but the detail is very specific. Medical services supplied by registered health professionals are generally exempt from VAT, while cosmetic treatments, medicolegal reporting and retail sales usually are not. Clinicians often have a mix of PAYE salary, self-employed fees, associate income and partnership profits that must sit on one tax return. Pension issues such as NHS superannuation and annual allowance charges also need proper handling. A healthcare accountant needs to be comfortable with all of this, not just basic bookkeeping.
It suits anyone earning income from clinical work: GPs and GP partners, consultants with private lists, dentists and dental associates, pharmacists and locum pharmacists, nurses and advanced practitioners, physiotherapists and other allied health professionals, carers and care providers, and the private clinics, practices and care businesses that employ or subcontract them. If your income is straightforward PAYE employment only, you may need very little support, but if you are self-employed, in partnership or running a company, specialist help usually pays for itself in time saved and errors avoided.
Your NHS salary is taxed through PAYE and appears on your Self Assessment return as employment income. Private consultation fees, medicolegal work and locum payments are usually self-employed income reported on the self-employment pages, with allowable expenses deducted first. Where you also hold a partnership share, that is reported separately. The key is making sure the same income is not included twice, that expenses relate to the correct source, and that the resulting tax liability accounts for Scottish Income Tax bands on your non-savings income.
Common claims include professional registration and revalidation costs, professional indemnity insurance, CPD and training that maintains existing skills, specialist equipment and clinical clothing, mileage or a proportion of vehicle running costs for travel between sites, and a reasonable share of home costs where a study or administrative area is genuinely used for the business. Costs with a private element — such as a car used for family travel, or equipment also used personally — must be apportioned. We review each claim so it stands up to scrutiny if HMRC asks.
It depends on what you supply. Many clinical services delivered by registered health professionals are exempt from VAT and do not count towards the registration threshold. However, standard-rated supplies do count, and these often appear in practices without being recognised as such — cosmetic treatments, non-medical treatments, medicolegal reports prepared for litigation, room hire to third parties, retail sales and some dispensing. Once you are registered, exempt and taxable income may mean partial exemption calculations. We assess your supplies and advise on registration and reporting before turnover becomes an issue.
Yes. Payroll support covers salaried receptionists, nurses, practice managers and other administrative staff, along with pension auto-enrolment duties, statutory payments and year-end reporting. It also handles the trickier arrangements common in healthcare — paying associates and locum staff correctly, distinguishing employment from self-employment, and dealing with subcontractor payments. Getting that classification right matters, because the tax and National Insurance consequences differ considerably if HMRC disagrees with the treatment applied.
Digital copies are generally acceptable, and most clients now scan or photograph receipts and store them in accounting software or a cloud folder, which is far easier to search at year end. Records supporting your tax return should normally be kept for at least five years after the 31 January filing deadline for that year, and limited companies have separate requirements for accounting records. The simplest approach is to capture income and expenses as they happen rather than reconstructing a year from bank statements.
We begin with a short conversation about how you work and what you need, then review your existing accounts, returns, income sources and business structure before recommending a way forward. Documents can be shared securely online, questions answered by email or video call, and records kept in cloud software, so there is no requirement to travel or to fit appointments around clinic lists. If you are moving from another accountant, we can manage the handover and request the information needed on your behalf.
