Accounting Services for Healthcare in Markfield
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 finances tend to be more layered than most people expect, and small record-keeping gaps can create disproportionate problems at filing time. 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 full financial admin around your clinical work. That typically means maintaining bookkeeping records, preparing and submitting Self Assessment returns, preparing annual accounts and Corporation Tax returns for incorporated practices, running payroll for staff, advising on VAT treatment, and handling correspondence with HMRC. It also means helping you understand your numbers so you can plan for equipment, staffing or expansion, and flagging changes in your circumstances that affect your tax position before they become a problem.
They suit anyone earning income from healthcare activity, whether that is a self-employed locum GP, a dentist or dental associate, a pharmacist, a nurse practitioner, a physiotherapist or another allied health professional, a consultant with private practice income, a carer or care provider, or a practice owner running a clinic or medical practice as a sole trader, partnership or limited company. The common thread is that income arrives from several places and the tax treatment is not always obvious, so specialist input tends to be worthwhile.
You generally need to file a Self Assessment return if you are self-employed or a partner in a practice, if you are a company director, if you receive untaxed income such as private fees or rental income, or if you have multiple income sources that HMRC has not fully taxed through PAYE. Many clinicians fall into more than one of those categories without realising it. We check your circumstances and confirm whether a return is required, then prepare it accurately so you are not overstating or understating your liability.
Both are taxable, but they behave differently in practice. Salaried NHS income is usually taxed through PAYE, while payments for private work, locum sessions or additional NHS sessions may arrive gross and need to be declared. The records also differ, with payment advices, schedules and timesheets that need matching against bank receipts. Keeping the two streams clearly separated makes it far easier to demonstrate what has been earned, what tax has already been deducted and what remains due.
Commonly claimed items include professional body and regulatory registration fees, professional indemnity insurance, continuing professional development and required training, specialist uniforms and protective equipment, clinical instruments and equipment, business mileage, and a reasonable proportion of home costs where you genuinely work from home. The key is that an expense must be wholly and exclusively for your work, and you need proper evidence. We review your spending so you claim what is legitimate and leave out what is not.
Many healthcare services are exempt from VAT, which leads some practice owners to assume VAT does not apply to them. That is not always the case. Retail sales, dispensing, cosmetic treatments, room hire, non-medical consultancy and management services may be taxable, and registration can become compulsory once taxable turnover exceeds the threshold. Where a practice has a mixture of exempt and taxable income, partial exemption rules may restrict how much input VAT can be reclaimed, so the calculation needs to be done carefully.
Yes. Accounting work is well suited to remote delivery. Records can be shared securely through digital bookkeeping software and document portals, payroll and VAT information can be exchanged by email or a secure link, and meetings can be held by video call or telephone at times that fit around clinics and patient lists. Clients who prefer to meet in person can arrange that directly with us, and the same level of service applies either way.
It begins with a conversation about your circumstances, your income sources and what you need help with. We then review your current accounting arrangements, including outstanding filings, bookkeeping records, payroll and any VAT position, so we understand exactly where things stand. After that we agree the scope of support, whether that is full accounts and tax preparation, payroll and bookkeeping, or ongoing advice, and put a clear plan in place so you know what is being handled and when.
