NHS & PCN Cash Flow & Funding Advice
For GP practices and primary care networks (PCNs), managing cash flow is one of the biggest financial challenges. With income from NHS reimbursements, PCN funding, partner drawings, and private income streams all flowing in at different times, it’s easy for practices to experience shortfalls or uncertainty. At Kumar Associates, we specialise in helping medical practices manage cash flow, understand PCN funding, and plan for long-term financial stability.
Managing NHS Reimbursements & Drawings
NHS payments and reimbursements don’t always align with practice expenses such as payroll, premises costs, or partner drawings. Our team provides clear cash flow forecasting, helping practices smooth out income fluctuations and avoid financial pressure. We ensure that your drawings and expenses are planned realistically, minimising the risk of shortfalls or unexpected tax liabilities.
Understanding PCN Funding
PCN income creates unique challenges:
Is the funding taxable?
How does it affect VAT status?
Should income be shared between practices or ring-fenced for staff costs?
We provide tailored advice to ensure PCN funding is recorded correctly in your accounts and that tax and VAT implications are fully understood. By structuring your finances properly, you avoid costly mistakes and ensure compliance with HMRC.
Secure Your Practice’s Financial Health
Our free financial and tax health check can highlight opportunities to improve your cash flow and ensure PCN income is managed correctly.
📞 Get in touch today to book a consultation and see how we can support your practice.
Why Choose Kumar Associates?
Specialist medical accountants – decades of experience supporting GP practices across the UK.
Cash flow expertise – detailed forecasting and planning to prevent financial strain.
PCN insight – practical guidance on funding, VAT, and tax treatment.
Trusted advice – fixed fees, transparent explanations, and proactive support.
Accounting Services
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.
