Services

AISMA accountants understand how GPs, sessional doctors, hospital doctors and consultants are paid and how they are taxed. 

They have expert knowledge of the NHS Pension Scheme and the impact of pensions tax on their medical professional clients. 

AISMA accountants forge close client relationships and have unique insights into primary care funding streams and the day-to-day financial management of general practice. They also understand the complex relationships that make up individual GP partnerships and groups of practices.

For hospital doctors and consultants interested in developing income streams beyond the NHS, specialist financial expertise and advice is readily available from their nearest AISMA accountant.

A full range of specialist medical accountancy services is available through the AISMA network, including:

  • Preparation of annual accounts
  • Advice on management accounts, budgets and cashflow forecasting
  • Drawings calculations
  • Financial performance benchmarking
  • Tax returns
  • VAT returns
  • Preparation of pension certificates and forecasts
  • Annual pension allowance calculations (in conjunction with specialist IFAs)
  • Payroll and book-keeping
  • Advice on accounts software
  • Personal expense claims
  • Private fee statements

Specialist advice

With an unrivalled breadth of understanding of healthcare legislation, NHS funding and local health service provision, AISMA accountants have the expertise and knowledge to provide specialist advice on:

  • Business structures for groups of practices and provider entities
  • Bidding for new contracts
  • Funding for new build premises
  • Financial aspects of partnership agreements
  • Capital gains tax and inheritance tax planning 
  • Cloud accounting
  • VAT planning
  • Review of practice accounts for GPs considering partnership
  • Information for personal mortgage applications
  • NHS Pension Scheme