Medical (Doctors & Dentists)
Specialist accounting for doctors, dentists, GPs, and medical professionals. Expert management of NHS income, private practice accounts, locum work, and medical sector tax planning.
What We Offer
Specialist services tailored for medical (doctors & dentists)
Common Challenges
Industry-specific accounting and tax challenges we help you navigate
NHS & Private Income
Managing and reconciling income from both NHS work and private practice activities.
Medical Expenses
Identifying and claiming all allowable professional expenses including CPD, indemnity, and equipment.
Practice Partnerships
Complex partnership accounting for GP surgeries and dental practices with multiple partners.
Regulatory Compliance
Maintaining financial records that meet medical regulatory body requirements.
How VMK Helps
Reconcile and manage all NHS income including pension contributions and superannuation deductions
Set up and maintain separate accounting for private practice work with proper income allocation
Provide locum accountant services specifically designed for medical professionals working across multiple locations
Identify and claim all medical-specific tax reliefs including professional subscriptions, indemnity insurance, and CPD costs
Handle partnership accounts for GP practices including profit allocation and partner tax returns
Advise on optimal practice structure (sole trader, partnership, limited company) based on your circumstances
Manage medical equipment purchases with capital allowances to reduce your tax liability
Provide succession and retirement planning tailored to medical professionals
Practical sector guide | Reviewed 23 October 2026
Medical accountants for London doctors, dentists and locums
A clinician's payslip, private-practice receipts and locum invoices may describe different types of income. VMK can help organise those records, prepare agreed accounts and returns, and identify what needs a separate payroll, partnership or specialist pension review.
Reconcile NHS, private and locum income separately
Bring employment documents, remittance statements, invoices and practice records. We can reconcile receipts to the relevant activity and distinguish gross income from deductions. A mix of NHS and private work does not by itself decide the correct business structure, employment status or VAT treatment.
Practice and associate accounts with usable expense evidence
Keep professional subscriptions, indemnity, training and equipment evidence with details of the business purpose. Deductibility is reviewed, not assumed. For practices and partnerships, agree responsibility for bank reconciliation, profit allocations, staff payroll and each individual's return before the annual deadline arrives.
Cash flow, digital records and specialist boundaries
Monthly or quarterly reporting can help track fee income, staffing, practice costs and tax reserves. Check Making Tax Digital eligibility against the individual's actual income and circumstances. Pension calculations, regulated pension advice, clinical regulation and practice valuations may require separately appointed specialists; ordinary bookkeeping is not approval by a healthcare regulator.
Records to prepare for your accounting discussion
- PAYE documents and NHS or private remittance statements
- Locum and associate contracts with invoice summaries
- Practice bank records, payroll totals and expense evidence
- Previous returns, partnership details and relevant pension statements
Start with a brief description of your business, its structure, deadlines and the help you need. Fees depend on the agreed work, transaction volumes, staff, complexity and state of the records. Do not send account passwords, client-identifiable records or financial documents in the initial public enquiry.
Discuss doctors, dentists and medical professionals accounting with VMKQuestions about doctors, dentists and medical professionals accounts
Can you prepare accounts for a doctor with employment and private income?
We can discuss accounts and Self Assessment covering the relevant income sources. Share the employment and private-work details so responsibilities and any specialist reviews can be agreed.
Is every medical receipt exempt from VAT?
No blanket exemption should be assumed. The service supplied, its purpose and the contractual arrangement need review. Medical accounting and pharmacy accounting can involve different records and VAT questions.
Should I send patient records with my first enquiry?
No. Describe the practice, income sources and accounting need without patient names or clinical details. Appropriate financial records can be exchanged securely after onboarding.
VMK is based at 17 Hunters Grove, Kenton, Harrow HA3 9AB. We support London and Central London businesses remotely, with records exchange and meeting arrangements agreed in advance. Service areas are not additional staffed offices.
Explore Harrow, London, Central London and all service areas. Individual and business circumstances need review before tax advice is given.
Ready to work with medical (doctors & dentists) specialists?
Contact us for a free consultation to discuss your industry-specific accounting and tax needs.
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