Aston Shaw provides specialist accounting, taxation and business advice tailored to meet the needs of all areas of the medical profession, including: general practitioners, hospital consultants, locum doctors, sessional doctors, salaried doctors and portfolio career doctors; as well as guiding our clients through each stage of business life.
We currently advise over 20 sole practitioners, partners, consultants, employed GPs, clinics and locums. Whether you are a general practice requiring accounts assistance, a practice manager seeking a specific VAT related strategy of a doctor requiring personal tax advice, our specialist medical accountancy team can provide expert, accessible and flexible advice on the full range of services unique to your sector.
With the ever changing superannuation schemes, tax legislation and changes in the NHS structure, the medical profession is one of the most complex to navigate in terms of accountancy. Medical practices are required to satisfy NHS obligatory structures, yet still be run as profitable businesses and it is therefore vital to consult a specialist medical accountant with a high level of sector knowledge.
We can also provide statistical comparisons with other local practices so you have benchmarking information to help to mould future plans and track business progress.
Our medical sector specialist services include:
Advice on practice acquisitions and disposals
Introduction to bank’s healthcare managers
Cash flow forecasts
Advice on tax allowable expenditure
Self assessment return completion and filing
Partnership return completion and filing
Company tax return completion and filing
Notification and compliance of HMRC deadlines
Notification and compliance of Companies House deadlines
Your business model probably isn’t something you would think affects your VAT liability. And why would you? At first glance both things appear completely unrelated, however this could not be further from the truth. By making yourself aware of your VAT obligations and how your business model impacts on them, you will be able to […]