GP Accountants in London
A GP practice can be doing well on paper and still leave its partners wondering where the money has gone.
One missed superannuation certificate. One wrong profit split. One overlooked locum expense. That’s usually all it takes for a GP partner’s tax bill to go sideways. At Accotax, our GP accountants in london exist to make sure it never does and help bring those numbers together.
We will help you see what your practice is actually earning and what it means for you personally!
Why Does a GP Practice Need Dedicated GP Accountants?
Medical accounting is a completely different world compared to standard business finance. This is because you have to deal with complex reimbursement structures, global sum allocations, and also distinct pools of NHS funding.
If your financial team does not know the exact rules, your practice can easily lose thousands of pounds in missed claims or miscalculated expenses.
And for GP partners, the practice accounts are only part of the picture. Your share of the profits eventually feeds into your own tax position too. This is where having GP accountants in london who understand both practice and partner finances can make a real difference.
As expert GP accountants, we know that a superannuation certificate filled in wrong can cost a partner thousands in pension contributions.
None of this is guesswork for us; it’s what we do all day, every day, for practices just like yours.
Choosing dedicated accountants for GP practices ensures that every single funding stream is properly tracked and maximised.
What Do Accotax GP Accountants Actually Do For Your Practice?
We do not believe in generic or one-size-fits-all accounting packages. Our GP practice accountants customise their support to match the exact scale and structure of your medical surgery.
- Practice Accounts & Partnership Returns: We prepare your annual practice accounts and partnership tax returns. As expert GP accountants in london, we ensure that profit shares are split correctly and every partner’s individual return lines up with the practice figures.
- NHS Pension & Superannuation: Our GP practice accountants complete your annual superannuation certificates, check pensionable pay calculations, and help you avoid the common errors.
- Personal Tax Returns for GPs and Partners: From self-assessment to payments on account, we handle each partner’s personal return separately. We factor in everything, including locum work, out-of-hours income, and any private practice on the side.
- Payroll for Practice Staff: Salaried GPs, nurses, and admin staff all need to be paid correctly and on time. Our payroll accountants run your payroll, handle pension auto-enrolment, and take care of the RTI submissions to HMRC.
- Practice Setup and New Partner Admissions: Bringing on a new partner or setting up a fresh practice? We structure the partnership agreement’s financial side, register you with HMRC, and get the accounting foundations right from day one.
- VAT and Dispensing Practice Support: If your practice dispenses medication or has mixed income streams, we sort out the VAT position too.
- Locum GP Accounting: If you are working as a locum, it brings its own tax quirks. We help locum GPs register correctly, claim the right expenses, and stay on top of their self-assessment obligations.
GP Accountants For Practices Across London And The UK
Whether you run a single-surgery practice, a large partnership or a growing healthcare business, Accotax provides GP accounting support that is customised to your situation.
Our team works with established GP practices, newly formed partnerships and also doctors preparing for their next move.
Just know that whatever has prompted you to look for GP accountants in london, the first step is a conversation about where you are now and what support would make the biggest difference.
What We Offer Based on Your Business Structure
Compliance
- Bookkeeping
- Annual /Year End Accounts
- VAT Returns
- Confirmation Statement
- Payroll & PAYE
- Workplace Pensions
- Management Accounts
- Budgeting & Forecasting
Tax Advisory & Automation
- Company Tax Returns
- Personal Tax Returns
- R&D Tax Credits
- EIS/SEIS
- Capital Allowances
- Part Time FD
- Accounting System Automation
- Apps Integrations
Setup & Others
- Company Registration
- PAYE Registration
- VAT Registration
- Personal Tax Registration
- Company Secretarial Services
- Business Advisory Services
- Tax Investigation Insurance
- Business Growth IDeas
- Accounts Receivables
- Accounts Payable
Compliance
- Bookkeeping
- Annual /Year End Accounts
- VAT Returns
- Confirmation Statement
- Payroll & PAYE
- Workplace Pensions
- Management Accounts
Tax Advisory & Automation
- Company Tax Returns
- Personal Tax Returns
Setup & Others
- Company Registration
- PAYE Registration
- VAT Registration
- Personal Tax Registration
- Company Secretarial Services
- Tax Investigation Insurance
Compliance
- Bookkeeping
- Annual /Year End Accounts
- VAT Returns
- Confirmation Statement
- Payroll & PAYE
- Workplace Pensions
- Management Accounts
- Budgeting & Forecasting
Tax Advisory & Automation
- Company Tax Returns
- Personal Tax Returns
- Capital Allowances
- Accounting System Automation
- SPV Tax planning
- SPV Restructuring
Setup & Others
- SPV Registration
- PAYE Registration
- VAT Registration
- Personal Tax Registration
- Company Secretarial Services
- Business Advisory Services
- Tax Investigation Insurance
- Business Growth IDeas
Compliance
- Bookkeeping
- LLP Accounts
- VAT Returns
- Confirmation Statement
- Payroll & PAYE
- Workplace Pensions
- Management Accounts
- Budgeting & Forecasting
- Partnership Tax Return (SA800)
Tax Advisory & Automation
- Self Assessment Returns for Partners
- Capital Allowances
- Accounting System Automation
Setup & Others
- LLP Registration
- PAYE Registration
- VAT Registration
- Personal Tax Registration
- Company Secretarial Services
- Business Advisory Services
- Tax Investigation Insurance
- Business Growth IDeas
Compliance
- Bookkeeping
- Self Employed Accounts
- VAT Returns
- Payroll & PAYE
- Workplace Pensions
- Budgeting & Forecasting
- CIS Returns (if in construction industry)
Advisory & Automation
- Self Employed Tax Returns & Personal Tax Returns
- Capital Allowances
- Accounting System Automation
- Apps Integrations
Setup & Others
- Self Employed Registration
- PAYE Registration
- VAT Registration
- Personal Tax Registration
- Business Advisory Services
- Tax Investigation Insurance
- Business Growth Ideas
- Switching to Ltd company
- MTD - ISTA
Compliance
- Bookkeeping
- Property Accounts
Tax Advisory & Automation
- Personal Tax Returns
- Capital Allowances
- Accounting System Automation
- Apps Integrations
Setup & Others
- Personal Tax Registration
- Tax Investigation Insurance
- Making Tax Digital Setup
Compliance
- Bookkeeping
- Property Accounts
Tax Advisory & Automation
- Personal Tax Returns
- Capital Allowances
- Accounting System Automation
- Apps Integrations
Setup & Others
- Non-Resident Landlord Scheme (NRL) Registration
- Personal Tax Registration
- Tax Investigation Insurance
Compliance
- Bookkeeping
Tax Advisory & Automation
- Personal Tax Returns
- EIS/SEIS Reporting
Setup & Others
- Personal Tax Registration
- Tax Investigation Insurance
Compliance
- Bookkeeping
- Annual /Year End Accounts
- Yearly Statement
- Management Accounts
- Budgeting & Forecasting
Tax Advisory & Automation
- Overseas Entity Tax Returns
Setup & Others
- Register as an Overseas Entity
- Tax Investigation Insurance
- Company Secretarial Services
Compliance
- Bookkeeping
- Partnership Accounts
- VAT Returns
- Payroll & PAYE
- Workplace Pensions
- Management Accounts
- Budgeting & Forecasting
Tax Advisory & Automation
- Partnership Returns
- Personal Tax Returns
- Part Time FD
- Accounting System Automation
- Apps Integrations
Setup & Others
- Partnership Registration
- PAYE Registration
- VAT Registration
- Personal Tax Registration
- Business Advisory Services
- Tax Investigation Insurance
- Business Growth Ideas
- Switiching to Ltd company
FAQs - GP Accountants in London
What do GP accountants do?
GP accountants can help with practice accounts, bookkeeping, tax returns, payroll, VAT, partner accounts, tax calculations and HMRC correspondence. The exact service depends on how the GP practice is structured. If you are looking for accountants for a GP practice in London, Accotax can help you manage your practice finances. With us, you will always have a clear view of your personal position.
How do you handle tax returns for individual medical partners?
We prepare the overall partnership tax return first. Then we split the figures accurately to complete each partner’s personal self-assessment. This keeps everything consistent and compliant with HMRC.
What expenses can a doctor legally claim to lower their tax bill?
You can claim for professional indemnity insurance, GMC fees, BMA subscriptions, medical equipment, and business-related travel. Our specialist accounting for GP partners ensures that you never miss a legitimate deduction.
Can GP practices claim VAT?
It depends on the type of supplies and transactions involved. VAT treatment can be different across healthcare-related activities. Therefore, it is really important to look at what the practice is actually providing before deciding how VAT applies. If your practice dispenses medication or has mixed income streams, we sort out the VAT position too.
Can Accotax help with NHS pension and superannuation certificates?
Absolutely. In fact, this is one of the most common reasons GP partners switch to us. As expert GP accountants, we complete superannuation certificates accurately. We also check pensionable pay, so you’re not caught out later by NHS Pensions.
Can you help GP practices with bookkeeping?
Yes. We can help keep practice income, expenses, payments and other financial records properly organised. This makes the year-end accounts process much easier.
How do we get started with Accotax?
Simply book an introductory call with our team. We will review your current situation, outline a custom plan, and take care of the rest.
Why Businesses Trust ACCOTAX
There are several reasons why you should work with us. Some of them are listed below to make faster & wiser decision.
Tech Driven
We believe in automation,and will help you to automate things.
We are Chartered
Regulated by ICAEW, ACCA & AAT top three accountancy bodies
Experienced Team
Our team has over 100 years of combined experience in total.
Fixed Fee
We agree a fixed fee in advance so no more surprised bills.
Unlimited Support
Free telephone & email support throughout the year.
On-Time Filing
Your Accounts will be filed on time, every time, Guaranteed.
Dedicated Accountant
Meet, Call, E-mail or Skype your dedicated accounts manager.
Tax Insurance
Free Tax Investigation Insurance with Growth Packages.