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Healthcare

The healthcare sector is in a constant state of flux - even in private practice, compliance needs are huge. Our specialist healthcare accountants have been working with GPs, dental practices, care homes and other healthcare professionals for many years, providing business management, accountancy and taxation services. Our Leicester and Maidstone offices are members of the Association of Independent Specialist Medical Accountants (AISMA).

How we can help

Each area of the healthcare profession has subtle differences in their accounting and advisory requirements; our team understands those differences and advises accordingly.

GP practices

We can help by providing:

  • Regular management and year-end accounting
  • Tax compliance and planning 
  • Advice on alternative business structures 
  • Specialist capital allowance claims for surgeries
  • Superannuation certificates
  • NHS pension reports and projections for annual allowance and lifetime allowance planning
  • Planning of partner drawings and cash flow management
  • Succession planning, partnership changes and property ownership
  • Software selection and training

As well as acting for the practice, we can also provide guidance to individual GPs in relation to tax planning and wealth management. 

If  you’re a locum or salaried GP, a hospital consultant or doctor, we can assist with your very specific accounting needs:

  • Annual accounting and tax returns
  • Assistance with NHS pension returns 
  • Advice on tax deductible expenses and requirements around business record-keeping
  • Retrospective tax claims of professional and examination fees
  • NHS pension reports and projections 
  • Alternative business structures including limited companies

Dentists

Our team can support you with:

  • Regular management and year-end accounting
  • Tax compliance and planning 
  • Alternative business structures, including limited companies
  • Capital allowances planning for surgery equipment
  • Specialist capital allowance claims for existing and new-build surgeries
  • Superannuation annual reconciliation reports 
  • NHS pension reports and projections for Annual Allowance and Lifetime Allowance planning.
  • Practice acquisitions and disposals 

NHS Pensions

For some members, the NHS Pension Scheme will be one of their most valuable assets. Due to its complex nature, it is helpful to have a specialist adviser that understands the intricacies of the scheme. Our experienced medical accountants can help you make sense of your personal situation and advise you on what to do to safeguard and maximise your financial future.

If you need help or more information take a look at our NHS Pensions page.

Care home owners

A care home is a highly specialised business, with distinct accounting needs. We have experts in-house who can help you with:

  • Annual accounts, payroll, bookkeeping and management reporting
  • Tax planning and business structure review
  • Personal, partnership and corporation tax returns, and partial exemption VAT calculations

Let us look after the accounts, tax and business strategy, so you can focus on looking after your patients. Get in touch for a consultation.

Get in touch with our experts

If you want to discuss a specific issue, ask us for a quote, or simply find out what we have to offer, please complete the form below and we'll get back to you as soon as we can.

Alternatively, please email us at webenquiries@mhllp.co.uk

 

Meet the team

Photo of Ashley Ive

Ashley Ive

Audit & Accounts Assistant Manager

Ashley joined the firm in 2018 as an Audit Senior having qualified with another firm before being promoted to Assistant Manager. Ashley has a portfolio of clients throughout East Anglia that spans across many sectors which includes but not limited to; Not-for-Profit entities, including Independent Schools and Academies, and corporate entities ranging from small start-ups, owner managed businesses through to larger corporate groups.

He prides himself on his friendly and approachable attitude which has helped him build a strong rapport with clients and colleagues alike. Ashley’s clients often compliment him on his responsiveness and his flexible, proactive approach to delivering an audit which is underpinned by clear and regular communication.

Get in touch with Ashley Ive
Photo of Fuad Amod

Fuad Amod

IT Audit Manager

Fuad joined MHA MacIntyre Hudson in May 2021, as an IT Audit Manager.

Fuad currently holds a CISA qualification and has over 9 years of audit experience, having worked with two of the big 4 firms.

His experience includes working on large and complex group audits primarily in the financial services sector, however he has experience in a variety of sectors with entities of varying sizes and complexities.

He has worked on IT external audit as well as assurance projects.

Get in touch with Fuad Amod
Photo of Mark Lumsdon-Taylor

Mark Lumsdon-Taylor

Partner

Mark specialises in the rural business, agriculture, horticulture, food manufacture, education and healthcare industries as well as supporting organisations from a wide range of sectors to develop and deliver impactful sustainability and ESG strategies. 

As one of the authors of the firm's Dynamic ESG service suite, Mark is well placed to guide business leaders through the process of integrating environmental, social and governance considerations into their operations with an emphasis on measurable outcomes and RoI.  

Mark has worked in both the public sector and private enterprise, bringing a dedication and enthusiasm to the unique challenges each provides. With an auditor's eye for detail, he has become known for his sharp insights and capacity for business transformation. 

Mark has won numerous awards for his work including National Finance Director of the Year 2007, the ICAEW's National Accounting for Sustainability award in 2012, Finance Director magazine's National Business Finance Director 2014, the Institute for Fiscal Turnaround's Public Sector Award 2016 and the Institute of Directors' Blue Ribbon for Governance and Finance Excellence in 2018. 

He is also a trustee of a charity delivering education in Ethiopia, a Liveryman of the Worshipful Company of Fruiterers, a Member of the Guild of Freemen and a Member of the CBI's South East Council. 

Mark re-joined MHA MacIntyre Hudson again in 2019 having originally trained here in 1997.

Get in touch with Mark Lumsdon-Taylor
Photo of Steve Cosford

Steve Cosford

Healthcare Director

Steve has worked in the profession since 1988 and is a Healthcare Director, who leads a team specialising in servicing the accounting and business needs of general medical practitioners.

He works with GP Partnerships and GP Federation companies, along with other associated businesses including GP owned pharmacies and locum companies.

Steve has also recently been involved in the formation of a number of super partnership mergers.

Get in touch with Steve Cosford

What they say about us

The relationship with MHA MacIntyre Hudson has always been a solid one. The team are able to respond quickly to problems and achieving timescales. Their international network, Baker Tilly International, gives them breadth and the ability to cover overseas issues. - PRISYM ID

What they say about us

I've always been very happy with the information provided and, no matter how obscure it may be, the agricultural team have always been able to find an answer – and with the large diversification project we took on there have been plenty of questions! Callum Bates - J Bates & Son