Bevan Buckland Accountants for Healthcare. Close up stethoscope on material background in black and white

Accountants for Doctors

Accounts for Doctors

At Bevan Buckland, we understand doctors’ unique financial challenges, whether you are a GP, consultant, or locum. Our tailored services meet the specific needs of medical professionals, ensuring robust financial health.

Countless doctors, dentists, opticians, pharmacists, and other healthcare professionals across South Wales trust Bevan Buckland with their personal and business accounts. Whether you’re a GP in practice, a senior consultant freelancer, or a locum covering practices, we can handle your tax returns and provide astute tax planning guidance.

 

Accountancy Services for Doctors

Preparation of annual accounts

This service involves compiling the yearly financial statements for a doctor’s practice, ensuring they meet regulatory standards and accurately reflect the financial status of the business.

Tax returns and planning

Tax returns and planning involve preparing and filing tax returns while developing strategies to minimise a doctor's tax liabilities, ensuring compliance with HMRC and maximising financial efficiency.

NHS pensions and superannuation advice

This service provides doctors with expert guidance on their NHS pension scheme, helping them understand their contributions, benefits, and retirement options to secure their financial future.

Locum tax and expenses guidance

Locum tax and expenses guidance helps locum doctors manage their taxes and claim allowable expenses, ensuring they remain compliant with tax laws while maximising their take-home pay.

Incorporation and business structure advice

Advice on the benefits and implications of incorporating a practice or choosing the most suitable business structure, such as a limited company or partnership, to optimise tax efficiency and legal protection.

Financial planning and investments

Helping you manage finances, plan for retirement, and make informed investment decisions to grow and protect wealth over time.

Payroll services

Payroll services ensure that all staff in a doctor’s practice are paid accurately and on time, with proper deductions for tax and National Insurance, while also handling pension contributions and other payroll-related obligations.

IR35 compliance and advice

IR35 compliance and advice assist doctors in understanding and adhering to the IR35 legislation, which affects contractors and locum doctors working through limited companies, helping them avoid penalties and ensure proper tax treatment.

Why Choose Us

We understand the unique financial pressures and regulatory requirements faced by dentists, doctors, pharmacists, and opticians, from managing tax efficiencies to navigating NHS contracts, private practice income, and compliance with industry-specific regulations. Our proactive approach focuses on streamlining your financial operations, improving cash flow, and maximising profitability while ensuring you remain fully compliant. With our specialised knowledge and dedicated support, we help you focus on delivering high-quality patient care, knowing that your financial health is in expert hands.

Local Knowledge
Expertise and Experience
Proactive Approach

Get in Touch With An Expert Today