Led by Partner Colin Haw and Associate Partner Jenny Hurst, BHP has a specialist team of medical accountants

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We are one of the leading firms of accountants in the medical sector and founder member of the Association of Independent Specialist Medical Accountants (AISMA). Please click here for more information.

We provide a full range of services including:

Accounts

  • Preparation of practice annual accounts
  • Supplementary information report explaining accounts figures
  • Superannuation – completion of Annual Certificates of Pensionable Profits and estimates regarding future liabilities
  • Priority tax and superannuation estimates with accounts so that practices can plan for payments

Tax

  • Inheritance Tax reviews and planning
  • Preparation of VAT returns and specialist VAT advice
  • Partnership taxation
  • Personal taxation – including preparation of personal expenses claims
  • Tax returns

Practice management support

  • Bookkeeping assistance and advice regarding systems and best practice, along with software implementation
  • Change of year end / utilisation of overlap relief
  • Financial comparisons by way of our ‘practice profile’ compiling data for a number of practices
  • Payroll bureau
  • PMS / New GMS contracts – financial reviews
  • Practice business advice
  • Advice on partnership changes and partnership agreements
  • Cashflow forecasts
  • Drawings calculations and partnership funding
  • Forecasting and practice budgeting
  • Property issues
  • Retirement/admission of partners
  • Surgery premises financing
  • Seminars to trainee GPs
  • Surgery premises – PFIs, LIFT projects, new builds

Financial planning advice

  • Financial planning – pension and investment advice
  • Pension planning and financial advice

Kreston GP Benchmarking report

We are pleased to announce the 2016 Kreston GP Benchmarking report. Click here to view a brief highlights document of the report or to receive a copy of the report in full, please contact either Colin or Jenny.

New changes to IR35 rules

We recently hosted a webinar on how changes to the IR35 rules may affect GPs which comes into effect on 6 April 2017. To view the webinar click here.

Call Colin Haw or Jenny Hurst on 0333 123 7171  for more information as to how BHP’s medical accountants can help you.