Medical Accountants
in Winchester
Are you looking for specialist medical accountants in Winchester? At Kumar Associates, we’ve been supporting doctors, dentists, locums, consultants, and healthcare businesses across Hampshire for over 30 years. From our base in nearby Romsey, we provide expert accountancy, tax planning, and NHS pension advice tailored to the unique challenges of the medical profession.
Why Choose Kumar Associates as Your Winchester Medical Accountants?
Specialist focus on healthcare
We understand the unique financial challenges of NHS reimbursements, PCN funding, pensions, and private income.
NHS Pension advice
Including annual allowance, tapered allowance, Scheme Pays, and the McCloud remedy.
Locum and consultant tax planning
From IR35 compliance to expense optimisation.
Practice accounts & benchmarking
Clear financial reporting and comparisons to national averages.
PCN cash flow advice
Manage reimbursements and partner drawings with confidence.
Local & national expertise
Serving clients across Winchester, Hampshire and nationwide.
Tailored Accountancy for Winchester-based GPs, Dentists, Locums and Healthcare Practices
GP Practices & Partners
Running a GP practice brings unique financial pressures — from managing NHS reimbursements and PCN funding to handling partner drawings, surgery premises and pensions. Our specialist GP practice accountants prepare tailored accounts, manage partnership changes, and advise on tax planning to improve profitability and compliance. We also provide benchmarking against national GP averages to help practices measure and grow effectively.
Hospital Consultants & SAS Doctors
Consultants and SAS doctors often juggle NHS contracts with private income, creating complex tax and pension implications. We provide expert guidance on NHS pension annual allowance and tapered allowance issues, structuring private practice income through limited companies, and ensuring expenses are claimed correctly. Our goal is to simplify your finances so you can focus on your patients.
Locum Doctors
As a locum, you may work through agencies, limited companies, or on a self-employed basis. Each option has different tax consequences, particularly around IR35 and off-payroll rules. Our locum doctor accountants help you choose the most tax-efficient structure, manage allowable expenses such as travel and indemnity, and stay compliant with HMRC requirements.
Dentists & Orthodontists
Dentists and orthodontists face a unique blend of NHS and private income, practice costs, and investment in equipment. Our accountants for dentists support practice owners with financial management, partnership agreements, staff payroll, and tax planning. We also advise associates on self-employment, expenses, and retirement planning, helping dental professionals make the most of their earnings.
Private Clinics & Aesthetics Providers
Private medical and aesthetics clinics operate in a complex VAT environment where some services are exempt and others taxable. We help clinics structure their businesses efficiently, manage VAT partial exemption, and optimise expenses such as premises, equipment, and staff. Whether you run a cosmetic clinic or a multi-speciality private practice, our team ensures your finances stay compliant and profitable.
Pharmacies & Dispensaries
Pharmacies face cash flow pressures from NHS reimbursements, stock management challenges, and complex VAT rules. Our pharmacy accountants work closely with owners to streamline accounts, improve profitability, and ensure compliance with HMRC. We also advise on succession planning, premises finance, and structuring your business for long-term success.
Allied Health Professionals
From physiotherapists and osteopaths to optometrists and podiatrists, allied health professionals often combine NHS and private work. We help with bookkeeping, tax returns, allowable expenses, and VAT queries, tailoring our advice to your profession’s specific needs. Our flexible support ensures you can spend more time with patients and less time worrying about finances.
Pharmaceutical & Life Sciences
We support businesses in the pharmaceutical and life sciences sector with specialist tax, audit, and R&D services. Whether you are developing new drugs, medical devices, or healthcare technology, we ensure your finances are structured efficiently and that you benefit fully from R&D tax relief and innovation grants.
Psychologists & Therapists
Psychologists, counsellors, and therapists often balance private practice with NHS contracts, creating complex income streams and expense claims. Our specialist accountants for therapists and psychologists provide tailored support with bookkeeping, tax returns, and allowable expenses such as professional memberships, supervision costs, and therapy room hire. For those running group practices or clinics, we also advise on VAT, payroll, and structuring your business for growth. With our guidance, you can reduce your tax burden, stay compliant, and focus on supporting your clients’ wellbeing.
High Net Worth Individuals
Many of our clients are high-earning medical professionals and business owners who require careful personal financial planning. We provide bespoke advice on wealth structuring, inheritance tax planning, trusts, and investments. By integrating personal and professional finances, we ensure you and your family are well-positioned for long-term financial security.
Medical Accounting Services in Salisbury
Take a look at some of our most popular accounting services.
Accounting & Book-keeping
We can prepare your annual accounts, whether you are a sole trader, in a partnership or running a company.
NHS Pension Advice & Planning
We have a dedicated payroll & pension team who provide an efficient and cost effective service.
R&D Medical Innovation Tax Relief
Our in-house R&D tax experts will guide you through the process of claiming tax relief for your innovative projects.
Expense Optimisation
Our team provide objective reviews of your finances, helping ensure compliance and peace of mind for stakeholders.
- Practice Accounts & Benchmarking
- Locum & Consultant Tax Planning
- Practice Structuring & Partnerships
- Payroll & CIS-Style Contractor Management
- NHS/PCN Cash Flow & Funding Advice
- Taxation Services
- Company Secretarial Services
- Business Start Up
- Consultancy & Systems Advice
- Investments & Pensions
- Management Accounting & Finance Support
- Finance Function
- Virtual Finance Director
- Company Sales and Acquisitions
- M&A Due Diligence Services
- Restructuring & Insolvency
Book Your Free Medical Financial & Tax Health Check today
Is your GP practice, dental surgery, pharmacy, or private clinic turning over £250,000 or more? At Kumar Associates, specialist medical accountants, we’re offering a complimentary financial and tax health check designed specifically for healthcare professionals.
During your no-obligation consultation, we’ll review your accounts and highlight:
- Potential tax savings for doctors, dentists, locums, and consultants.
- Grants, NHS reimbursements, or funding opportunities that may benefit your practice.
- Strategies to improve practice profitability, manage NHS pension tax charges, and reduce unnecessary expenses.
- Specialist advice on NHS pensions, IR35, VAT in healthcare, and practice structuring.
Think of it as a professional check-up for your finances — just as you look after patients, we look after the financial health of healthcare professionals.
