Comprehensive Financial Services for the Healthcare & Medical Sector

In the intricate landscape of the healthcare and medical sector, sound financial management is pivotal to your practice’s success. BBK understands the unique set of challenges you encounter, from managing diverse income streams to staying abreast of industry-specific tax regulations.

With years of experience and a deep understanding of the nuances of the healthcare industry, BBK is well-equipped to provide a comprehensive suite of accounting and financial services to medical professionals. Our expertise goes beyond the numbers; we understand the dynamics of NHS reimbursements, intricate partnership arrangements, and the importance of robust tax planning strategies.

Preparation of Business and Personal Accounts: We prepare meticulous, transparent accounts to help you understand your financial position and make informed decisions.

Setting up a New Practice: We offer guidance right from the inception stage, aiding you to establish your practice on a solid financial foundation.

Considering Incorporation: We provide expert advice on the benefits and implications of incorporation, guiding you towards the optimal business structure.

Developing Your Practice: We help create a robust growth strategy for your practice, considering factors like market dynamics and financial feasibility.

National Insurance Contributions: We ensure that you’re up-to-date with your NIC obligations, thereby avoiding unnecessary penalties.

VAT: We provide assistance with VAT registration, returns, and advice on the VAT implications of specific transactions.

Business Expense Advice: We help identify deductible expenses, ensuring that you maximise tax efficiency in your operations.

Claiming Relevant Benefits and Allowances: We guide you in making the most of available benefits and allowances, thereby improving your net income.

Employment Related Issues: We help navigate the complex area of employment taxation and regulations.

Personal Financial Planning Strategies: We craft personalized strategies to enhance your wealth and secure your financial future.

At BBK, we believe in partnerships. Our proactive team is dedicated to understanding your practice’s unique needs and objectives, and providing tailored strategies to boost your financial success. Our role extends beyond mere number-crunching; we strive to be trusted advisors who contribute significantly to your practice’s growth and prosperity.