As Doctors, you have the enormous privilege of helping people and changing their lives.
More so than ever, practicing medicine is running a business, and for your practice to thrive there may be some key changes you’ll need to make which will help guide you in the right direction. This might include accounting for income from different sources such as hospital PAYE work or private patients, and participating on advisory panels, to Partnership arrangements (such as income sharing or joint ownership of premises).
We can also advice doctors who class themselves as self-employed but also participate in the NHS pension scheme.
So if you would like your accountant to look after your paperwork, claim benefits on your behalf and help you set up a practice (or if you are taking on new partners), please get in touch and talk through any questions you may have.
Do you know what expenses you can claim? Request your copy of our 'Medical Professionals' checklist - it could save you £££s the minute you press 'send'.
Got a tax question? Let's have a chat