Expert, Accessible Accounting for Medical Practices
The time you save by not having to worry about whether or not you are in compliance with your accounting duties is time that you can spend on providing exceptional patient care.
Our team offers specialised accounting and business guidance to a wide range of private, public, and non-profit health and social care organisations, including GP practices, locum GPs, salaried GPs, and medical consultants.
How we can help
- Accounts Production
- Self-Assessment Tax Returns
- Superannuation & Pension Contributions
- Payroll & National Insurance
- Budgeting & Forecasting
- Expense Management
- Tax Planning & Compliance
- Dedicated Accountant Support
Friendly, Impartial, Informed
With extensive experience in the healthcare sector, we understand the unique financial challenges that medical professionals face. Our team provides expert support to help you navigate taxation, pensions, and compliance, ensuring your practice operates smoothly and efficiently.
Contact us today to find out how we can support your medical practice.
FAQs
Do you have any questions about bk plus and our services? You may be able to find the answer to your question by looking at some of our frequently asked questions.
Yes. GP partners are required to file a Self-Assessment tax return each year to report their share of practice profits, additional earnings, and allowable expenses.
GPs contribute to the NHS Pension Scheme through monthly superannuation deductions. We ensure your contributions are correctly calculated and prepare your annual superannuation certificate to avoid discrepancies.
Yes. Salaried GPs can claim tax relief on a range of work-related expenses, including professional fees, medical indemnity insurance, and work-related training.
Medical consultants can deduct expenses such as professional fees, medical equipment, training costs, and work-related travel. Strategic tax planning ensures that consultants maximise allowable reliefs and minimise tax liabilities.