Healthcare

Expertise in healthcare accounting

Whether you’re running a private clinic, a GP practice, or a dental surgery, having a dedicated healthcare accountant can make all the difference. We work closely with you to ensure compliance, optimise cash flow, and provide practical advice on tax planning, allowing you to focus on what matters most—delivering exceptional care to your patients.

Our healthcare accounting services

• Payroll management: Our payroll service is designed to take the stress out of managing payroll for your practice or care home. We ensure compliance with all relevant regulations and provide timely, accurate payroll processing, so you can focus on delivering excellent care.

• Bookkeeping: Accurate bookkeeping is essential for effective financial management. Our team provides meticulous bookkeeping services, ensuring that your financial records are always up-to-date and compliant with statutory requirements.

• Tax planning: Effective tax planning can significantly impact your practice’s profitability. Our tax experts provide strategic advice to minimise your tax liabilities and ensure compliance with all tax regulations.

• Financial forecasting: We offer comprehensive financial forecasting services to help you plan for the future. Our forecasts provide valuable insights into your practice’s financial health, enabling you to make informed decisions.

Experts in care home accounting

We go beyond basic accounting by offering strategic financial forecasting, budgeting, and performance benchmarking to ensure your care home thrives in a competitive market. Our team is well-versed in optimising tax relief through capital allowances claims, advising on efficient company structures, and managing payroll seamlessly, enabling you to focus on delivering outstanding care to your residents.

Our care home accountant services

We offer a comprehensive range of services designed specifically for the care home sector:

• Annual accounts preparation: Accurate and timely preparation of your annual financial statements.
• Monthly management accounts: Regular financial reports to help you monitor performance and make informed decisions.
• Statutory audit services: Ensuring compliance with regulatory requirements through thorough audits.
• Performance benchmarking: Comparing your care home's performance against industry standards to identify areas for improvement.
• Financial forecasting and budgeting: Strategic planning to manage cashflow and future financial needs.
• Capital allowances claims: Maximising tax relief on your investments in facilities and equipment.
• Company structure advice: Guidance on the most effective business structures for operational efficiency and tax optimisation.
• Payroll services: Comprehensive payroll management to ensure your staff are paid accurately and on time.

Trusted accountant for medical professionals and GP practices

We offer a comprehensive suite of services that cover all aspects of accountancy services for medical professionals, from performance management and bookkeeping to payroll services, tax planning, forecasts, cash flows, and profit projections. Our dedicated support team is committed to providing timely and effective assistance, allowing you to focus on delivering quality patient care without worrying about financial and administrative burdens.

Running a busy medical practice comes with financial and administrative challenges. At Duncan & Toplis, we offer accountancy services to ease these pressures:

Bookkeeping and payroll

• Accurate financial record management
• Compliance with payroll regulations
• Hassle-free payroll processing

Tax planning and advice

• Maximise tax savings
• Ensure compliance with HMRC regulations
• Expert guidance on complex tax matters

Financial performance management

• In-depth financial analysis and reporting
• Data-driven decision-making for growth
• Forecasting and cash flow management for financial stability

Our expertise helps you streamline operations, optimise finances, and focus on patient care.

At the heart of medical finance

Through our AISMA membership, we're part of a UK network of over 75 businesses providing expert advice to medical practices, sessional GPs, and hospital doctors.

You can download the association's helpful 10-part tutorial for Practice Index here.

Why choose Duncan & Toplis for healthcare accounting?

Our years of experience and in-depth knowledge of the healthcare sector make us a reliable partner for professionals seeking expert healthcare accounting services. With a proactive approach, our team of healthcare accountants provides clear, actionable advice tailored to your specific needs, helping you navigate the complexities of the industry and stay ahead of regulatory changes.

If you’re a healthcare service provider looking for a trusted medical accountant, contact Duncan & Toplis today to learn more about how we can support you in achieving your financial goals.