GP / Medical Practice Accounts
Running a practice is demanding, and your accounts should never add to the burden. We can help by preparing clear, comprehensive accounts for GP partnerships and practices, helping you to understand your finances and plan for long-term stability and growth.
Specialist Medical Accountancy Services
Locum GP Accounts
Locum GPs often have multiple income streams and irregular working patterns, making accurate accounting essential. We can help ensure all income is captured, allowable expenses are maximised, and accounts are prepared with precision — simplifying your tax position and providing clarity over your finances.
Type 1 Annual Certificate of Pensionable Profits
GP partners are required to submit a Type 1 Certificate annually to reconcile estimated NHS pension contributions with actual pensionable profits. We can assist with the preparation and submission of this, ensuring accurate allocation of pensionable income and correct application of tiered contribution rates.
Type 2 Medical Practitioner Self-Assessment of Tiered Contributions
Salaried and freelance GPs are required to submit a Type 2 Certificate to report NHS pension contributions. We can prepare and submit the certificate accurately, taking into account earnings, tiered contribution thresholds, and any adjustments — ensuring compliance and protecting your pension entitlements.
GP Self-Assessment
We can provide specialist self-assessment services tailored for GPs, covering all sources of income, allowable expenses, and pension contributions. Our approach minimises your tax liability while ensuring full HMRC compliance, giving you confidence and peace of mind.
Consultants
We can provide specialist accountancy support for consultants, whether you run a private practice or combine private practice with NHS employment, we can help. From managing your accounts to personal tax planning, we provide tailored support that allows you to focus on patient care with confidence.