Medical & Healthcare Accountants

Accounting for Doctors, Dentists & Healthcare Professionals

Healthcare professionals face unique tax and financial challenges, from NHS and private income to complex pension schemes and allowable expenses. Whether you work in the NHS, private sector, or run a practice, we provide expert accounting and tax services.

The healthcare sector operates under strict financial regulations, requiring specialist accounting knowledge to navigate complex tax, pension, and business structures. Whether you’re a GP, consultant, locum, dentist, or optician, we ensure your finances remain compliant and tax-efficient.

At Launch Accounts, we specialise in accounting for healthcare professionals, including:

Doctors & GPs – Managing NHS & private income tax, professional expenses, and pension complexities.
Dentists – Handling income tax, practice finances, equipment costs, and business structures.
Opticians – Navigating VAT on optical goods, business expenses, and multi-location practices.
Consultants & Locums – Ensuring accurate tax reporting for mixed income sources and claimable expenses.

With changes in pension thresholds, tax reliefs, and NHS contract structures, it’s more important than ever for medical professionals to have clear planning.

Whether you need help structuring your income, managing your tax bill, or ensuring your practice remains profitable, we provide expert accounting support tailored to the healthcare sector.

NHS & Private Income

Track earnings from NHS contracts, private practice, & consultancy work.

Pension & IR35 Compliance

Navigate NHS pensions, self-employed status, and IR35 regulations.

Medical Equipment Expenses

tax relief on specialist equipment, practice costs, and professional expenses.

Practice Growth & Expansion

Plan for new locations, staff hires, and long-term financial stability

What are year-end accounts, and why are they important?

Year-end accounts are a summary of your company’s financial activity over the accounting period. They include a profit and loss statement and a balance sheet. These reports are required for compliance with Companies House and HMRC and help businesses assess financial performance and tax obligations.
When do I need to file my accounts with Companies House?

Limited companies in the UK must file their annual accounts within 9 months of the company’s financial year-end. Filing late can result in penalties, so it’s essential to work with a reliable accountant like Launch Accounts to meet deadlines.
What cloud accounting software do you recommend?

We specialise in Xero (but can also work with other cloud accounting software) and work with businesses already using the platform to optimise their accounting processes. As Xero experts, we ensure your financial records are accurate, compliant, and efficient, helping you get the most out of cloud accounting. If you're currently using another system, we also provide seamless migration to Xero, ensuring a smooth transition with minimal disruption to your business. With automated bank feeds, real-time financial insights, and effortless tax submissions, cloud accounting makes managing your finances easier than ever.
What’s included in your year-end accounts service?

Our year-end accounts service includes: Preparation of financial statements (profit & loss, balance sheet) Companies House submission Corporation tax return (CT600) filing with HMRC Cloud accounting support for Xero Tax efficiency advice to help minimise liabilities Year-end accounts virtual meeting
How can I switch my accounting to Launch Accounts?

Switching to Launch Accounts is seamless. We handle everything, from liaising with your previous accountant to registering as your Agent with HMRC. Many clients worry that changing accountants will be complicated, but the process is straightforward, and your current accountant is required to provide the necessary information. We make the transition smooth, ensuring minimal disruption while keeping your accounts compliant and up to date.

Let’s Talk About Your Medical Accounts

Need a hand with healthcare accounts? Give us a shout!

From tax planning to pension guidance, we assist doctors, dentists, and healthcare professionals in managing their finances efficiently.

Start the conversation today – get in touch to see how we can help.