Medical Accounting Services
Our specialist UK medical accounting team can support you with all financial aspects relating to you and your practice.
Specialist Medical Accounting Services
We draw on our extensive experience to offer proactive advice and are proud to have members of the Association of Independent Specialist Medical Accountants (AISMA) within our team.
FIXED PRICE MEDICAL ACCOUNTANCY
Our teams can assist you in all financial matters from accounting, business advice, taxation, superannuation and financial planning , including pensions advice.
In total, we advise over 2600 medical professionals and consultants throughout the UK, including:
- GPs, GP Locums & GP Practices
- NHS Consultants
- Primary Care Networks
- Allied Healthcare Professionals
- Care Homes
- Veterinary Services
FIND OUT MORE ABOUT OUR GP AND CONSULTANT SERVICES
HOW WE CAN HELP
We understand the challenges of operating within the NHS and private healthcare and our range of services ensures that in addition to assisting with accounting, tax & superannuation compliance matters we can add value through, for example:
• Accounting and financial appraisal
• Business advice throughout the year
• Cloud technology solutions – Xero conversions and training
• Cashflow forecasting
• VAT advice and solutions
• External and Internal Audit solutions for NHS organisations
• Payroll and auto enrolment
• Bookkeeping services
Find out more about our Bookkeeping and Payroll Services.
NHS Pensions advice
Our award-winning Financial Planning team work closely with our Medical Specialists to assist GPs, consultants and other medical professionals with their NHS pensions and other personal financial planning requirements.
Our advice can centre on matters such as protecting your family, deciding whether to opt-in or out of the NHS Pension Scheme, investing surplus income/assets, or assessing how well positioned you are to retire at a certain point in time.
Why choose Mazars?
Our people have vast experience, knowledge and understanding of medical accounting and tax matters, which means we can support clients and add value.
Mazars’ specialist healthcare teams consist of members of the Association of Independent Specialist Medical Accountants (AISMA), and Healthcare Partner Andrew Pow is a member of AISMA’s board.
After acquiring Hall Liddy, the leading medical accounting firm in the North West of England in 2019, our newly combined healthcare sector team is one of the largest providers of tax services, accounting, and business advice to GPs and medical consultants in the UK
We are therefore qualified and confident in our ability to provide you a quality, complete service that will help you though the changes within the Healthcare sector today.
What our clients say
Pipeland Medical Practice transitioned to cloud accounting with the support and assistance of the team at Mazars in April 2019 and have never looked back!
The move was surprisingly easy and the training package and ongoing support was fantastic. It has allowed us to have a much sharper focus on our finances, with the daily updating in real time through bank feeds meaning that we know at any given time exactly the true position of our income and expenditure. The ability to keep track of invoices to be paid and income due has allowed us to be completely on top of our cash-flow. The month-end slog of reconciling bank statements is now thankfully a thing of the past and is now a slick daily task that can be carried out securely on any device with a wi-fi connection. Thank you Mazars for getting us to where we are now!
Louise Buchan, Business Manager at Pipeland Medical Practice
Mazars hosted our annual accounts meeting recently, using Microsoft teams. This was our first experience of a remote IT approach to this annual review meeting. The quality of sound/vision was excellent. Our thoughts were that it was clear and effective. Overall the meeting was well structured.
Dr Duncan Foster, Victoria Medical Practice
Get in touch
If you would like to find out more about how we can help, please do not hesitate to fill out the form below and Laura, Andrew or one of our team members will be in touch.
GP Practice Services
Mazars acts for over 350 GP practices and 2600 GPs and consultants throughout the UK. We understand the challenges and issues that arise in professional practice and are ready to support you with specialist financial and business advice.
As a Consultant you may be running a private practice alongside a salaried role and as such we are here to take the administrative and financial pain away by offering proactive tax advice and business support.
General Practice and Healthcare Webinars supporting you through the Coronavirus (Covid-19) pandemic period.
NHS Pension Updates
The 2019/20 tax year saw the culmination of a pension crisis that started with the introduction of the Tapered Annual Allowance (TAA) back in 2016. Please download our documents on the NHS Pension Update for Consultants and GPs.