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 manage several income streams and reporting deadlines at the same time. Keeping accurate records for NHS work, private fees and practice costs can quickly become time-consuming without the right support in place.
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 Olney look after the financial administration that comes with medical work, including bookkeeping, annual accounts, Self Assessment and tax planning. They also assist with payroll, VAT and Corporation Tax where a practice or limited company structure makes these relevant. The aim is to keep records accurate and deadlines met without adding to your workload.
Our services suit doctors, GPs, medical consultants, locum doctors, private practitioners, practice partners and medical practice owners. Whether you work as a sole trader, within a partnership or through a limited company, the support can be shaped around your income sources and practice arrangements. If your circumstances change, the scope of help can be reviewed.
Both NHS and private income normally need to be reported through Self Assessment, but the records and paperwork differ, so figures must be reconciled carefully before a return is submitted. We help gather the relevant statements and invoices, check that income and expenses are recorded in the right place, and prepare the return well ahead of the deadline. Payments on account may also apply, depending on your tax position.
Medical indemnity cover, professional body subscriptions and certain training costs are commonly claimed by medical professionals, but whether a particular cost qualifies depends on your individual circumstances and how it relates to your work. We review your outgoings and advise on what can be included, keeping suitable records to support each claim. The treatment can differ between sole traders, partners and limited company directors.
Keeping accurate records is worthwhile for locum doctors, because income arrives from several sources and expenses build up across the year. Good bookkeeping makes Self Assessment far quicker and gives you a clearer picture of how much tax you may owe. We can handle the record-keeping for you or help you put a straightforward system in place.
VAT treatment depends on the services you provide, your turnover and whether any of your work is exempt, so it is not automatically the same for every practitioner or practice. Some medical services fall outside the scope of VAT, while others such as certain cosmetic or non-medical work may not. We can review your position and advise on registration and reporting where it applies.
The right structure depends on your income levels, how many people you work alongside and what you want from the business, so there is no single answer that suits everyone. A limited company can sometimes offer tax advantages, while sole trader and partnership arrangements are generally simpler to run. We can talk through the practical and tax implications of each option before you decide.
Switching is usually straightforward: we contact your existing accountant, request the records we need and confirm the position of your accounts and tax returns. Once everything is in place, we agree a scope of support and take over the relevant deadlines. You do not need to manage the handover yourself, and we will tell you if anything requires your attention.
