Medical Profession Sector Accounting
From a financial point of view, the medical profession is probably the most complex of all the professions. The growth of private medical plans and hospital trusts and the constant changes to the NHS structure mean doctors need expert and timely advice in financial matters.
Through years of service to the medical profession we have accumulated a wealth of experience in dealing with issues such as:
- Claiming reimbursements from the NHS
- Accounting for income from different sources such as hospital PAYE work, private patients, and participation on advisory panels
- Partnership arrangements such as income sharing or joint ownership of premises
- Advising doctors who are technically self-employed but participate in the NHS pension scheme
Besides the Doctors and Consultants, we also act for a large number of Dentists.
