Working within the healthcare sector requires a strong understanding of the unique financial and regulatory pressures faced by GP practices and Dentists alike. With ongoing challenges across the NHS, it is increasingly important for practices to have advisers who understand the complexities of the sector and can provide clear, practical support.
Our firm has extensive experience working with GP surgeries and medical professionals. We prepare accounts and tax returns for many GP practices, Dental surgeries and individual medical professionals, and we understand the specific requirements that apply to the sector. Alongside routine accounting and tax compliance, we also assist with the preparation of NHS pension certificates required for both partner and salaried GPs.
Over the years we have prepared a significant number of Type 1 and Type 2 NHS Pension Certificates, ensuring they are completed accurately and in accordance with the requirements set by the NHS Pension and Primary Care Support England (PCSE). Our experience in this area means we are familiar with the details reporting requirements and deadlines involved, helping practices and individual GPs remain compliant and avoid unnecessary delays or queries.
We can assist with:
Preparation of annual accounts for GP Practices and Dental Surgeries operating as partnerships, limited companies or sole traders
Preparation and submission of associated tax filing requirements
Preparation and submission of Self-Assessment tax returns for Medical Partners in a partnership, Locum professionals and directors
Preparation and submission of Type 1 NHS Pension Certificates for GP Partners
Preparation and submission of Type 2 NHS Pension Certificates for salaried and locum GPs
Preparation and submission of Practice Pension Estimates for both GP Partners and Salaried GPs
Assistance with PCSE queries relating to pension certificates errors or omissions
Guidance on record keeping and information required for pension reporting
Advice to new GP partners or newly qualified GPs on tax and pension obligations
Ongoing support to help practices understand their financial performance and obligations