Accounting Services for Healthcare in Peterborough
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 rarely follow a single, tidy pattern. Most of the difficulties we see stem from income arriving in several forms at once, from rules that apply differently depending on the type of work, and from trying to manage it all around a demanding clinical schedule.
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.
For healthcare clients, accounting work usually combines several elements: Self Assessment returns covering salary, private fees, locum income and other earnings; annual accounts and Corporation Tax returns for incorporated practices or clinics; bookkeeping and digital record keeping; payroll for staff, associates and clinicians; VAT advice and returns where services are taxable or partly taxable; and tax planning around structure, pensions and profit extraction. The mix depends on whether you work as a sole trader, partner, company director, employee or a combination.
Yes. This is one of the most common situations for healthcare professionals in Peterborough. We make sure both streams are reported correctly, that PAYE already deducted is properly accounted for against your final liability, and that expenses relating to private work are claimed appropriately. Where pension contributions or annual allowance considerations arise from combined NHS and private earnings, we flag them so you can seek the right advice in good time.
You will generally need to file one if you are self-employed or a partner, receive private or locum income that is not taxed through PAYE, have untaxed income from savings, property or investments, or have income above the threshold requiring a return. Many healthcare professionals assume their PAYE coding handles everything, but that is rarely true once private work, extra sessions or additional income are involved.
For healthcare companies we prepare statutory annual accounts, calculate and file Corporation Tax returns, and advise on allowable deductions such as equipment, professional fees, insurance and staff costs. We also look at director remuneration and dividend strategy, capital allowances on clinical equipment, and whether the company structure remains the most tax-efficient option as the business grows or takes on new clinicians.
Much medical care is exempt from VAT, but the exemption is not universal. Cosmetic procedures, some screening and diagnostic services, non-medical consultancy, dispensing retail sales and certain equipment or product sales can be standard-rated. If a practice provides a mixture of exempt and taxable services, partial exemption rules may apply, which is why it is worth reviewing your position before turnover grows.
Typically claimable items include professional indemnity insurance, registration and professional body fees, specialist equipment and instruments, work-related training and courses, professional journals, uniforms, mileage between work locations, and a reasonable proportion of home costs where a room is genuinely used for practice administration. The key is that the expense must be wholly and exclusively for the work, and it must be supported by records.
Yes. We can run payroll for salaried staff, practice nurses, reception and admin teams, and directors, handling PAYE, National Insurance, pension contributions, auto-enrolment duties and payslips. For locums and associates, we help establish whether the engagement is genuinely self-employed or should be treated as employment, since getting that classification wrong can create unexpected tax and National Insurance liabilities.
Absolutely. Most of the work we do for healthcare clients is handled through secure digital document sharing, email and calls, which fits well around clinics, surgeries and on-call commitments. You can send records electronically, review accounts online and raise questions when it suits you, without needing to arrange time away from patients.
It begins with a conversation about your circumstances. We will ask about your role, how you are structured, your income sources, any staff you employ or engage, your current record-keeping arrangements and any deadlines or concerns you have. From there we review your position and outline the support that would suit you, so you can decide how to move forward with a clear understanding of what is involved.
