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 expenses that do not fit a straightforward pattern, which can make tax and record-keeping harder to manage than expected. Some of the more common issues we see 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 Knowle handle the accounts, tax filings and record-keeping that sit behind your medical income. Depending on how you work, this can include bookkeeping, annual accounts, Self Assessment, payroll, Corporation Tax and tax planning. They also help with questions about expenses, business structures and VAT where those apply to you.
These services suit doctors, GPs, medical consultants, locum doctors, private practitioners, medical practice owners and partners in medical practices. Sole traders, partnerships and limited companies can all be supported, and the work is adapted to your own arrangements. If you are unsure whether your situation fits, an initial conversation will usually clarify it.
Yes. Many medical professionals receive income from more than one source, and each source may need to be recorded and reported in a particular way. We can help you keep NHS income, private fees, locum sessions and consultancy work clearly separated in your records, so the figures behind your tax return or accounts are accurate and easy to follow.
If you receive income that is not taxed at source, you may need to complete a Self Assessment tax return, though whether you are required to do so depends on your individual circumstances. Our Medical Accountants in Knowle can prepare and submit the return, calculate what is due and explain the deadlines involved. Filing obligations can change as your working arrangements change, so it is worth reviewing them periodically.
Typical claims may include medical indemnity insurance, professional body subscriptions, registration fees and certain costs relating to study or equipment. Whether a specific expense is allowable depends on your individual circumstances and how it relates to your work, so it should always be considered on its own facts. We can review your outgoings and explain what is likely to be acceptable.
Accurate records make tax filing far easier and help prevent avoidable queries or corrections later on. Whether you need full bookkeeping or something lighter depends on the size and complexity of your income, and regular updates usually take far less effort than gathering everything at year end. We can support you with bookkeeping or review records you maintain yourself.
VAT treatment is not the same for every medical service or practice, and some supplies may be exempt while others are not. Whether you need to register, and how you should handle VAT, depends on your individual circumstances and turnover. This is an area where specific advice is worthwhile, particularly if your private work is growing.
Switching usually starts with a short conversation about your current arrangements and what you would like to change. We can then contact your existing accountant for the relevant records and information, so the handover is handled for you rather than left on your plate. Once everything is in place, ongoing support continues as normal.
