Accounting Services for Healthcare in Peebles
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 creates a distinctive set of financial pressures. The clinical side is demanding enough without tax deadlines and record-keeping requirements adding to the load, yet these are the areas where mistakes tend to be costly and time-consuming to unwind.
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.
The work covers the same core areas as any accounting service, but it is shaped around how healthcare income and costs arise. That includes preparing and filing Self Assessment returns where you have self-employed, private or locum income, producing annual accounts and Corporation Tax returns for incorporated practices and clinics, running bookkeeping, processing payroll for practice staff, handling VAT returns where registration applies, and advising on business structure and tax planning. What makes it specialist is the treatment of issues such as indemnity insurance, professional registration fees, exempt healthcare services and the Scottish Income Tax bands that apply to Scottish taxpayers' non-savings income.
Practice partners are taxed on their share of the practice's profits, not simply on the drawings they take, which means a partner can face a tax liability even in a month where they have drawn less than usual. That makes accurate profit allocation, up-to-date capital accounts and careful attention to payments on account particularly important. Partner changes, profit-sharing ratios, practice premises costs and the treatment of practice pension arrangements all feed into the figures, so a partner's return usually needs to be built alongside the practice accounts rather than in isolation.
Many salaried healthcare professionals do, even when tax is already deducted through PAYE. Common reasons include private practice or locum income, income from a rental property, untaxed savings or investment income, or pension contributions that need to be claimed. If your only income is a salary fully taxed under PAYE, you may not need a return — but the position should be checked rather than assumed, because HMRC expects you to declare taxable income that has not been taxed, and penalties apply to returns filed after the statutory deadline.
VAT in healthcare can be more complicated than it first appears, because certain healthcare services are exempt while others are standard-rated, and a practice providing a mixture of services may be making both exempt and taxable supplies. That affects whether registration is required, what can be reclaimed on costs, and how transactions should be recorded. We review the nature of your services and your turnover position, then advise on the correct treatment and build the reporting into your bookkeeping so that returns are consistent and properly supported.
These are usually allowable where they are incurred wholly and exclusively for the purposes of your professional activity, but the detail matters. Professional body subscriptions, medical defence and indemnity cover, specialist equipment, relevant training and clinical clothing are typical examples. Mileage between sites and a reasonable proportion of home running costs where you genuinely work from home can also be relevant. The key is keeping evidence — receipts, statements and a clear note of the business purpose — and apportioning mixed personal and professional costs sensibly, since HMRC can ask you to justify any figure claimed.
Yes. Where a practice or clinic employs staff, we can manage the payroll process from start to finish, including payslips, real-time reporting to HMRC, starter and leaver procedures, statutory payments and the automatic enrolment duties that apply to workplace pensions. This is particularly useful for practices with a mix of full-time, part-time and bank or sessional staff, where hours and pay can vary month to month. Running payroll accurately also helps keep the accounts reliable, because staff costs are usually one of the largest expense lines in a healthcare business.
We can support clients through a combination of remote communication and secure digital document sharing, which suits many practitioners who work long or unpredictable hours and find it easier to send records electronically than to attend meetings in person. Accounts, returns and payroll information can all be exchanged securely, and questions can be handled by phone, email or scheduled calls. If a face-to-face discussion is more useful for a particular decision, that can be arranged around your commitments.
It begins with a conversation about your circumstances. It helps to have a rough picture of your income sources, how your practice or business is structured, whether you employ staff and when your next filing deadline falls, but there is no need for everything to be perfectly organised beforehand — part of the initial review is identifying what is missing. We then look at your current accounting and tax position, confirm what support you need, and set out a clear plan covering records, deadlines and responsibilities so that everything is in place before the next obligation arises.
