Accountants for Doctors
We provide tailored solutions designed to meet the industry-specific challenges of doctors. Let our experts manage your finances, so you can focus on what matters most – caring for your patients.
- Comprehensive accounting services tailored towards doctors and healthcare professionals
- Expertise tailored to your industry and business
- Trusted by over 100,000 clients including doctors, medical practices and other healthcare professionals
Why do doctors need accountants to manage finances?
As a doctor, your primary concern is caring for your patients. But that doesn’t take away from the fact that accounts and tax planning for doctors can be complex. At Xeinadin, our team of expert accountants have been rigorously selected based on their healthcare financial expertise, industry certifications and proven track record of delivering results.
With years of experience under our belt, we’ll work with you to analyse your income, expenses and practice structure to create a financial plan that fits your needs. From advising on your practice structure to identifying deductions and helping you implement tax-saving strategies, we do the heavy lifting so you can focus on providing outstanding care.
Download our whitepaper covering steps needed to maximise profitability in a GP Surgery.
AISMA members
Our senior medical leaders are members of the Association of Independent Specialist Medical Accountants (AISMA – to be a member you have to prove consistently high standards and look after at least 15 GP Surgeries) – this allows our clients to benefit not only from the considerable experience and expertise of our leaders, but also from their ability to access the national forums and expertise from other specialist accountants nationally.
Ask our medical specialists about our quarterly AISMA newsletter, and other specialist medical handouts available to you. Probably most importantly, ask our AISMA members about our benchmarking statistics service to allow you to compare your performance against other surgeries in your local area.
What type of medical business can benefit from support offered by our Xeinadin Specialists
GP Surgeries
🗸 Accounts, regular timely Management information and Forecasts preparation, including planning for maximising profitability and cash flow, including drawings, tax and superannuation
🗸 All tax and superannuation compliance reports and certificates
🗸 Specialist VAT and partial exemption support where required
🗸 Partners and directors personal tax returns, including planning advice to minimise personal tax, capital gains tax and Inheritance Tax.
🗸 Benchmarking statistics used by our Aisma members.
🗸 Support for partnership changes and also for mergers with other surgeries.
Hospital Doctors, Locum Doctors, Consultants, other healthcare professionals
🗸 Tax returns, Tax planning, superannuation certificates, and advice about best ways to structure your affairs, including advice about expense claims, and planning for minimising Capital Gains and Inheritance Tax.
Primary Care Networks (PCNs)
🗸 Support for optimal organisation of the PCNs, advice about preparation of forecasts, design of relevant management information packs to share with the PCN members and management team.
🗸 Advice about appropriate structures, and advice about tax and vat implications.
🗸 Advice about partnership and shareholder agreements
Federations
🗸 Support for members and management team with financial reporting and budgeting, including the provision of a complete back-office support system to manage the finances and clerical operation of the Federation, if required.
Neighbourhood groups
🗸 Support for planning and set up of these groups, to make sure the most appropriate business structures are used, management and reporting controls are prepared and agreed between members, and budgets and forecasts are set to maximise use of any income streams available to the group.
Our preferred way of working with GP Surgeries
We prefer to agree budgets and forecasts with practice managers/finance leads at the beginning of the financial year, having previously agreed the appropriate chart of accounts for the surgery.
Every quarter we welcome the chance for a catch up call/meeting and review of the Surgery’s management information to ensure nothing is happening that needs management action.
This allows us to plan your tax and superannuation payments for January and July and allows you to better manage your cash flow, with no surprises emerging in the year end accounts.
No surprise fixed fee policy
We agree fees for the year ahead with our clients and these are fixed to carry out specific assignments.
Should additional work ever be required, any new fees will be agreed in advance with our clients, so you never have to worry about a “ticking clock and surprise fees”.
Find your local accountant for doctors in the UK
With one of the largest networks of any accountancy firm in the UK and Ireland, there’s a good chance we have an office near you. Filter by country, region and city to find a local accountant.
Get in touch
Our experts will give you a clear overview of how we can tailor our services to suit your requirements.
Our accounting services
Why choose Xeinadin for doctor accounting?
- Industry expertise: We have extensive experience across various industries – including healthcare. This means we can help you overcome any financial hurdles you face as a doctor.
- Wide-reaching capabilities: We don't believe in one-size-fits-all solutions. We act as your business partner to help you reach your financial goals – whatever this looks like for you.
- Services moulded around you: It all starts and ends with you. We begin by getting to know you and your business. This means we can provide tailored services to help you reach your goals.
- Trusted team of accountants for doctors: As one of the top-rated accountancy firms in the UK, we have over 2,500 advisors who provide expert services to 100,000 clients across the UK and beyond.
- Local services: Whether you're looking for accountants for doctors in London or anywhere else in the UK, we can help. With offices across the UK and Ireland, we'll do our best to connect you with a local accountant you can trust.
Meet our accountants for doctors
Caroline Blake
PartnerAgriculture, HealthcareChester
Daniel Tremain
Partner - HealthcareHealthcare, SMEsSittingbourne
Vinku Shah
PartnerHealthcareLondon West End
Michael Ogilvie
DirectorHealthcareEastbourne
Kevin Corey
PartnerHealthcareDudley
Shivam Modi
PartnerHealthcareLondon West End
What our clients say
Doctor accounting FAQs
We offer a range of accountancy services for a wide range of medical professionals. Some doctors who use our services include:
- Salaried doctors and GPs
- GP practices (as a sole trader, partnership or limited liability company)
- Consultants
- Locum doctors
- Private healthcare workers
Although not essential, having a specialist medical accountant is highly recommended. A specialist will help you navigate everything from NHS pensions, tax code errors and NHS income to private income, superannuation and GP practice accounts.
By using our tailored accounting services for doctors, you can focus on patient care while we take care of your finances for ultimate peace of mind.
HMRC has a list of approved subscriptions that can be offset as a tax relief against your earnings as a doctor. You can claim for the following:
- GMC fees
- Royal College fees
- MDU or MPS fees
- BMA membership fees
Our specialist accountants for doctors can help you implement tax-saving strategies. To learn more about how we can help improve your finances, contact us.
Our pricing depends on the level of support you require. For an accurate quote, get in touch with our experts to arrange an initial chat. This is free of charge and you’re under no obligation to go ahead.
Here’s how it works when you choose a Xeinadin accountant.
- Book a meeting with us to chat to us about your financial needs.
- We’ll take the time to learn about you and provide some bespoke service recommendations, including a clear quote.
- Once you give the green light, we’ll do a deep dive into your financials. We will need access to your financial statements and current financial systems.
- We’ll organise a kick-off meeting to introduce you to your team. This is a good opportunity to ask any questions before we outline the next steps.
- Once the initial setup is complete, we’ll tackle any priority tasks and start delivering the agreed services. Our team will maintain open lines of communication with you and adjust the level of support as your needs evolve.
Book a meeting
Whether you’re just starting your practice or are an established professional, our team of accountants for medical doctors are here to help. Contact us today for a free consultation with one of our experts.
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