Chartered Medical Accountants for the Whole Healthcare Sector
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We help online coaches and advisors with accurate cloud-based accounting support.
Tax planning for doctors and medical professionals with different sources of income and professional expenses.
Pension input calculations, tapered Annual Allowance checks and Scheme Pays advice, based on NHS Pension Scheme guidance.
Accurate bookkeeping for medical professionals, practices and businesses.
Payroll for clinical and admin staff, locum payments, statutory pay and pension auto-enrolment filed on time each month.
Most medical care is VAT exempt but cosmetic treatment, dispensing and product sales are not. We handle partial exemption calculations properly.
Medical professionals often deal with income and record-keeping demands that are more complex than they first appear. A few of the common pressure points we help clients work through are set out below.
We act for medical clients across London and understand London weighting and high-cost area supplements.
Professional fees, indemnity, courses, equipment and mileage — we make sure nothing allowable is missed.
Annual Allowance calculations are complex. We guide NHS clinicians through pension input, tapering and Scheme Pays.
Accounts, returns and payroll filed on time with early reminders, so penalties simply do not happen.
Status reviews on sessional and locum engagements, plus a clear answer on limited company versus sole trader.
Clear pricing agreed up front, so you get full expert service with no hidden extras.
We begin by getting to know your practice and understanding your unique needs. This step ensures we have a clear picture of your operations and your goals.
Based on our initial discussion, we create a personalised plan designed specifically for you. The aim is to keep everything organised and easy to follow. You can rest assured that your numbers are being handled with expert precision.
From there, we take care of the ongoing work and keep you updated with reports. You’ll always know what’s happening, and we’re always here to answer your questions, ensuring you have a clear picture of your financial health at all times.
Using the latest technology to offer customised financial strategies that help healthcare practices grow and thrive.
A dedicated accountant who knows your practice, your income mix and your pension position.
Our team is here whenever you need guidance. We offer unlimited support to ensure your financial management is always on point.
Our team has over 100 years of combined accountancy experience.
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.
Medical Accountants in Holland-on-Sea handle the accounting and tax work that comes with medical income, including bookkeeping, annual accounts, Self Assessment and payroll. They also provide guidance on Corporation Tax, VAT and business structure where these are relevant to your circumstances. The aim is to keep your records accurate and your reporting obligations under control.
These services are suited to doctors, GPs, medical consultants, locum doctors, private practitioners and medical practice owners. That includes those working entirely within the NHS, those earning private fee income, and those with a mixture of both. Sole traders, partnerships and limited companies can all be supported.
Yes. Many medical professionals earn from more than one source, and keeping those income streams properly recorded is important for accurate reporting. We can help separate and track NHS pay, private fees, locum work and consultancy income so that your records and returns reflect your actual position. How each source is treated for tax depends on your individual circumstances.
Common expenses include medical indemnity insurance, professional body subscriptions and costs linked to maintaining your registration, though whether a particular expense is allowable depends on individual circumstances and how it relates to your work. We review your outgoings and explain what can reasonably be claimed, keeping appropriate records to support each entry. It is always worth checking before assuming an expense qualifies.
If you work as a locum, you are likely to have multiple income sources and business-related costs, so organised bookkeeping makes Self Assessment far simpler. Keeping records up to date through the year also reduces the risk of missing allowable expenses or hunting for paperwork at the deadline. We can manage the bookkeeping on your behalf or help you set up a straightforward system.
Whether VAT registration is required depends on your turnover and the nature of the services you provide, as some medical services are exempt while others are not. If registration does apply, we can assist with VAT returns and record-keeping, and if it does not, we can explain why. Because the rules depend on individual circumstances, it is worth reviewing your position as your income changes.
The right structure depends on your income level, how you work and your longer-term plans, so there is no single answer that suits everyone. We can talk through the practical and tax implications of each option and help you review your choice as your circumstances evolve. Any decision should be based on your own position rather than a general rule of thumb.
Getting started is simple: get in touch and tell us about your work, your current records and what you would like help with. If you are moving from another accountant, we can liaise about the handover of information so the transition runs as smoothly as possible. We will then agree the support you need and how we will work together going forward.
