Healthcare

Medical Specialist Accountants

From NHS GPs and hospital consultants to private clinics, dentists and pharmacies, our specialist medical team understands the financial complexities unique to healthcare. Delivered by Kumar Associates, BC&A's dedicated medical accountancy division

Our Expertise

Over 35 years trusted by healthcare professionals

Kumar Associates, part of BC&A Chartered Accountants, is nationally recognised as specialist medical accountants. We support GPs, consultants, locums, dentists, pharmacists and private healthcare providers with the complex financial challenges unique to the sector. From NHS pension planning and practice structuring to VAT in healthcare and tax-efficient expense claims, we combine the personal touch of a local firm with the reach and expertise of a national practice.

As specialist accountants for medical professionals, we provide tailored accounting, tax, and business advisory services designed specifically for doctors, consultants, GPs, dentists, and other healthcare practitioners. We understand the unique financial challenges faced within the medical sector, including NHS income, private practice, partnership structures, pension considerations, and regulatory compliance.

Our services include annual accounts preparation, tax returns, bookkeeping, payroll, VAT advice, and proactive tax planning to help minimise liabilities and maximise efficiency. Whether you operate as a sole practitioner, limited company, or medical partnership, we provide clear and practical advice to support your financial goals and ensure ongoing compliance with HMRC requirements. We also assist with practice management and business growth by offering cash flow forecasting, budgeting, incorporation advice, and support with buying or selling medical practices.

Our aim is to give healthcare professionals peace of mind by managing the financial side of their business efficiently, allowing them to focus on patient care and running a successful practice. In addition, we advise medical professionals on long-term financial planning, including pension planning and inheritance tax (IHT) and estate planning considerations. With many healthcare professionals facing complex NHS pension rules and significant tax exposure, we help clients structure their affairs efficiently and plan for the future with confidence. We work closely with clients and independent financial advisers to support wealth preservation and succession planning for future generations. With experience working alongside medical specialists across a wide range of disciplines, we pride ourselves on delivering a responsive, personal, and professional service.

We build long-term relationships with our clients and provide year-round support, helping them navigate complex financial matters with confidence.

What We Do

How We Support Healthcare Professionals

Specialist medical accountancy built around the day-to-day and long-term financial needs of healthcare professionals and practices

  • NHS pension advice, annual allowance and McCloud remedy planning
  • GP practice accounts, benchmarking and PCN income handling
  • Locum, consultant and private work tax planning
  • Expense optimisation for doctors, dentists and pharmacists
  • Practice structuring, partnerships and incorporation advice
  • VAT in healthcare including partial exemption for private clinics
FAQs

Frequent Questions Asked from Medical Professionals

Can't find what you're looking for? Our team is always happy to have a no-obligation conversation.

What is the McCloud remedy and how does it affect my NHS Pension?
It's a government fix to correct discrimination in the NHS Pension Scheme when it changed in 2015. You may be able to choose which scheme benefits apply to your service during the remedy period, which can significantly impact your pension value and tax position. We help you model the options and plan accordingly.
Sometimes yes, sometimes no. It depends on your NHS income, IR35 position, pension contributions and personal circumstances. We'll run the numbers and recommend the structure that genuinely works best for you.
Yes, this is one of our core specialisms. We calculate your pension inputs, model your tax position and advise on strategies like Scheme Pays to manage unexpected liabilities for high-earning medics.
Most core medical services are VAT exempt, but aesthetics, medico-legal work and some consultancy are not. If you provide a mix, you may fall into partial exemption territory. We guide clinics through these grey areas to stay compliant.
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