Specialist accounting services for dentists, medical professionals, and other healthcare practitioners
At MyTaxDoc, we prioritise your financial well-being, enabling you to focus entirely on the care of your patients.
Helping You Make Informed Business Decisions
As a GP, dentist, or practice manager, managing finances can be challenging when you’re busy caring for patients. The medical and dental sectors involve numerous complex, industry-specific accounting and tax regulations, making robust systems essential.
At MyTaxDoc, we support many professionals in the healthcare field, assisting you in managing your finances effectively. We can help establish reliable and efficient accounting processes, advise you on relevant tax legislation, and handle day-to-day tasks like bookkeeping and payroll.
Looking ahead, we also offer strategic accounting services. If you’re considering expanding your practice, for instance, regular management reports can provide valuable insights for your business decisions, alongside tax planning to help reduce costs.
Profitable Practices
Whether you operate an independent practice or work as a consultant, MyTaxDoc is your ideal accounting partner. Here are just a few ways we can help your practice or consultancy thrive
Assistance with establishing a new practice or expanding an existing one.
Preparation of your business and personal accounts.
Guidance on managing and planning your National Insurance contributions.
Provision of cost management advice and forecasting / budgeting services.
Advice on personal financial planning strategies and pensions.
Accounting Services for Doctors, Dentists, and Healthcare Professionals
MyTaxDoc offers a comprehensive range of core and specialist accounting services tailored for GP practices, locums, salaried doctors, dentists, and pharmacists.
Maximising Income and Controlling Costs
Utilising innovative financial software such as Xero, you can closely monitor your income and expenditure, ensuring a healthy cash flow while minimising costs.
Systems Support
We can provide a complete or partial outsourced accounts department to manage day-to-day tasks, including accounts receivable and payable, payroll, drawings, tax liabilities, and workplace pensions.
Protecting Your Pension and Future Planning
We help you navigate the complexities of the NHS pension scheme, keeping you informed about legislative changes to make well-informed decisions regarding your future.
Governance Control
If you have investors or shareholders, it’s crucial that your business can withstand scrutiny. At MyTaxDoc, we support you in fulfilling your statutory duties and managing internal governance to prevent any unwanted surprises.
Business Growth
We offer a full suite of business advisory services to provide strategic guidance, insights, and support, helping you navigate challenges, capitalise on opportunities, and grow your practice sustainably.
Why Choose MyTaxDoc?
We are an independent accounting practice with a growing number of satisfied medical and dental clients. Our extensive knowledge of accounting and the healthcare sector enables us to keep our clients informed, compliant, and up-to-date with the ever-changing landscape of tax legislation.
At MyTaxDoc, we strive to build strong relationships with our clients, becoming an integral part of their business success. Our team of accredited accountants and tax advisers provides a truly bespoke and personal service on a fixed-fee basis, ensuring there are no hidden costs.
To learn more about our services and fees, please get in touch with MyTaxDoc today.
Ready to Transform Your Accounting Experience?
You entered your profession to pursue your passion, not to worry about taxes and compliance. Let’s start with a FREE discovery call. No obligation, just a chance to learn how much easier your financial management can be with MyTaxDoc.
