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 in Monkseaton often deal with more complex finances than a single salary, from mixed income sources to professional expenses and payroll. The list below covers the areas we see most often and how our Medical Accountants help.
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.
Our Medical Accountants handle the accounting and tax work that sits behind your medical career or practice. That can include annual accounts, Self Assessment tax returns, bookkeeping, payroll, Corporation Tax, tax planning and VAT support where those services are relevant to you. We also help you understand your figures throughout the year, not just at filing deadlines.
We support doctors, GPs, medical consultants, locum doctors, private practitioners, medical practice owners and medical practices of different sizes. Whether you work mainly within the NHS, entirely in private practice, or a combination of both, we can tailor our support to your arrangements. If you are unsure whether your situation fits, it is worth a conversation.
We start by building a clear picture of every income source, including NHS payments, private fees, locum sessions and consultancy work. From there, we record income accurately, allow for relevant expenses and make sure your returns reflect the full position. Getting this right early usually avoids complications later, particularly where several income streams run side by side.
Many medical professionals do need to file a Self Assessment return, particularly where income is not taxed entirely through PAYE, where you have private or locum income, or where you hold a directorship. The requirement depends on your individual circumstances, so it is worth checking rather than assuming. We can review your position and handle the return if one is needed.
Commonly considered expenses include professional registration and subscription fees, medical indemnity cover, continuing professional development and certain travel or equipment costs connected with your work. What is allowable depends on your individual circumstances and how the expense relates to your work. We review your outgoings and explain what can reasonably be included.
Yes. Our Medical Accountants can look after day-to-day bookkeeping, reconciliations, payroll and VAT returns where your practice or private work requires them. We keep records organised so that year-end accounts and tax returns are straightforward, and so you always have a reliable view of how the practice is performing. VAT treatment depends on your individual circumstances and turnover.
The right structure depends on your income levels, how many professionals are involved and your longer-term plans. Sole trader and partnership arrangements are common for locum and consultancy work, while a limited company can suit some private practitioners and practice owners. We talk through the practical and tax implications so you can make an informed decision.
Switching is usually simpler than people expect. We ask for some basic details and, with your authorisation, contact your current accountant to request the records we need, then confirm deadlines and take over the ongoing work. Our Medical Accountants in Monkseaton will let you know what information to provide and keep you updated at each stage.
