Medical Accountants
Get in touchAt Professional Accountants, we specialise in supporting healthcare professionals and medical practices and across the UK.
From NHS contractors to private clinics, GPs, dentists, and consultants, we understand the distinct financial and regulatory pressures within the healthcare sector.
Our tailored accounting services help you manage compliance, improve financial visibility, and make confident business decisions-without compromising patient care.
Why Do Medical Practices Need Specialist Accountants?
Healthcare and medical practices operate in a highly regulated, specialised environment. Income can come from a mix of sources such as NHS contracts, private patient fees, and consultancy services.
At the same time, you must manage unique cost structures, such as locum staff, medical equipment, and practice overheads.
A specialist accountant understands NHS funding mechanisms, GMS/PMS/APMS contracts, partnership accounts, and the intricacies of GP and dental accounting-ensuring compliance, clarity, and better financial performance.
What Do Healthcare Accounting Services Cost in or Around ?
The cost of healthcare accounting services ranges from £150 to over £2,000 per month, depending on your practice size, business structure, and financial management requirements.
Costs are primarily influenced by factors such as payroll processing for medical staff, NHS and private income reconciliation, tax and compliance reporting, expense management, and the level of management accounts or financial forecasting required.
Contact Professional Accountants to get customised pricing for your healthcare accounting needs.
Can Healthcare Accountants Help With Payroll, Pensions, and Tax Planning?
Our healthcare and medical sector accounting team manages payroll services for practice staff, handles NHS pensions and auto-enrolment, and ensures PAYE and NI obligations are met accurately.
We also advise on tax efficiency strategies for practice partners and limited companies, including the use of capital allowances, profit extraction strategies, and expense claims. Whether you’re a partner in a practice or a sole trader, we’ll ensure your tax burden is minimised, and your compliance is rock-solid.
How Can Accountants Assist With Practice Growth, Mergers, or Premises Investment?
Whether you’re expanding, merging with another practice, or investing in new premises or equipment, our healthcare and medical sector accountancy experts help you structure your finances to support sustainable growth. This includes preparing business plans, financial modelling, merger valuations, capital allowances for new assets, and loan application support.
We also assist with due diligence, partnership agreements, and succession planning, ensuring all financial aspects are considered and aligned with your clinical goals.
Do Accountants Support NHS Contractors, Private Practices, and Locum Professionals?
Our accountants operating in healthcare and medical space work with NHS-funded GPs, private healthcare providers, dental surgeries, therapy clinics, and locum professionals. Whether you need support with partnership accounts, self-assessment, or managing mixed income streams, we ensure you’re compliant and financially efficient.
For NHS contractors, we help navigate Statement of Financial Entitlements (SFE), GMS contracts, and QOF implications. For locums, we offer structured advice on allowable expenses, pensions, and IR35 risks.
What Financial Challenges Do Healthcare and Medical Practices Face?
Healthcare and medical practices encounter a range of financial and regulatory challenges, including:
Cash flow management – Handling delays in NHS reimbursements and irregular private patient income.
High fixed overheads – Managing costs such as rent, equipment leases, insurance, and staffing expenses.
Tax and compliance requirements – Navigating Making Tax Digital (MTD) regulations and sector-specific reporting.
IR35 and locum arrangements – Ensuring correct classification and compliance for contracted medical professionals.
Pension scheme obligations – Administering NHS and private pension contributions accurately.
Budgeting and forecasting – Maintaining financial stability and planning for practice growth or expansion.
Profitability tracking – Monitoring income streams across multiple practitioners, services, or clinic locations.
Do Services Include Bookkeeping, Compliance, and HMRC Liaison for Healthcare Providers?
Our end-to-end healthcare accounting service in [loaction] includes bookkeeping, digital recordkeeping (MTD-compliant), statutory accounts preparation, and full HMRC liaison.
We help you meet your filing deadlines, reduce the risk of penalties, and respond quickly to tax enquiries or audits. For practices, we offer software integration (such as Xero or QuickBooks), automated payroll reporting, and tailored KPI dashboards to monitor your financial performance in real time.
Contact Professional Accountants for a consultation on getting healthcare and medical praactice related accountancy services.
At Professional Accountants, we specialise in supporting healthcare professionals and medical practices and across the UK.
From NHS contractors to private clinics, GPs, dentists, and consultants, we understand the distinct financial and regulatory pressures within the healthcare sector. Our tailored accounting services help you manage compliance, improve financial visibility, and make confident business decisions—without compromising patient care.
Why Do Medical Practices Need Specialist Accountants?
Healthcare and medical practices operate within a regulated and highly specialised environment. Income can come from a mix of sources such as NHS contracts, private patient fees, and consultancy services.
At the same time, you must manage unique cost structures, such as locum staff, medical equipment, and practice overheads. A specialist accountant understands NHS funding mechanisms, GMS/PMS/APMS contracts, partnership accounts, and the intricacies of GP and dental accounting—ensuring compliance, clarity, and better financial performance.
What Do Healthcare Accounting Services Cost in or Around ?
The cost of healthcare accounting services ranges from £150 to over £2,000 per month, depending on your practice size, business structure, and financial management requirements.
Costs are primarily influenced by factors such as payroll processing for medical staff, NHS and private income reconciliation, tax and compliance reporting, expense management, and the level of management accounts or financial forecasting required.
Contact Professional Accountants to get customised pricing for your healthcare accounting needs.
Can Healthcare Accountants Help With Payroll, Pensions, and Tax Planning?
Our healthcare and medical sector accounting team manages payroll services for practice staff, handles NHS pensions and auto-enrolment, and ensures PAYE and NI obligations are met accurately.
We also advise on tax efficiency strategies for practice partners and limited companies, including the use of capital allowances, profit extraction strategies, and expense claims. Whether you’re a partner in a practice or a sole trader, we’ll ensure your tax burden is minimised, and your compliance is rock-solid.
How Can Accountants Assist With Practice Growth, Mergers, or Premises Investment?
Whether you’re expanding, merging with another practice, or investing in new premises or equipment, our healthcare and medical sector accountancy experts help you structure your finances to support sustainable growth. This includes preparing business plans, financial modelling, merger valuations, capital allowances for new assets, and loan application support.
We also assist with due diligence, partnership agreements, and succession planning, ensuring all financial aspects are considered and aligned with your clinical goals.
Do Accountants Support NHS Contractors, Private Practices, and Locum Professionals?
Our accountants operating in healthcare and medical space work with NHS-funded GPs, private healthcare providers, dental surgeries, therapy clinics, and locum professionals. Whether you need support with partnership accounts, self-assessment, or managing mixed income streams, we ensure you’re compliant and financially efficient.
For NHS contractors, we help navigate Statement of Financial Entitlements (SFE), GMS contracts, and QOF implications. For locums, we offer structured advice on allowable expenses, pensions, and IR35 risks.
What Financial Challenges Do Healthcare and Medical Practices Face?
Healthcare and medical practices encounter a range of financial and regulatory challenges, including:
Cash flow management – Handling delays in NHS reimbursements and irregular private patient income.
High fixed overheads – Managing costs such as rent, equipment leases, insurance, and staffing expenses.
Tax and compliance requirements – Navigating Making Tax Digital (MTD) regulations and sector-specific reporting.
IR35 and locum arrangements – Ensuring correct classification and compliance for contracted medical professionals.
Pension scheme obligations – Administering NHS and private pension contributions accurately.
Budgeting and forecasting – Maintaining financial stability and planning for practice growth or expansion.
Profitability tracking – Monitoring income streams across multiple practitioners, services, or clinic locations.
Do Services Include Bookkeeping, Compliance, and HMRC Liaison for Healthcare Providers?
Our end-to-end healthcare accounting service in [loaction] includes bookkeeping, digital recordkeeping (MTD-compliant), statutory accounts preparation, and full HMRC liaison.
We help you meet your filing deadlines, reduce the risk of penalties, and respond quickly to tax enquiries or audits. For practices, we offer software integration (such as Xero or QuickBooks), automated payroll reporting, and tailored KPI dashboards to monitor your financial performance in real time.
Contact Professional Accountants for a consultation on getting healthcare and medical praactice related accountancy services.