Medical Profession In terms of finance, the medical sector is probably the most complex of all the professions. The growth of private medical plans and hospital trusts, plus constant changes to the way that the NHS operates, means that doctors need expert and timely advice regarding a whole host of awkward financial matters. As Chartered Accountants we have been working closely with a wide variety of medical practitioners for many years and have accumulated a wealth of accounting experience in dealing with issues such as: Claiming reimbursements from the NHS Accounting for income from different sources, such as hospital PAYE work, private patients and participation on advisory panels Partnership arrangements such as income sharing or joint ownership of premises Advising doctors and dentists who are technically self-employed but participate in the NHS pension scheme If you want to find out more on how our accounting experience in the medical profession can help your business, contact one of our local team at Butterworth Jones Chartered Accountants.
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