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Specialist Client Sectors
Medical Profession
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.
Our partner Alan Worsdale has particular expertise in working with clients in the medical profession. We are also members of the Association of Independent Specialist Medical Accountants (AISMA), a network of more than 75 accountancy firms specialising in working for doctors and medical practitioners, to join which accounting practices must be able to demonstrate a significant amount of experience in accounting specifically for the medical profession.
If you wish to know more about our medical profession services, or would like to arrange a free initial meeting in order to discuss how we can help you in more detail, please contact us.
