Sectors / Medical
Medical professionals
and practices
Specialist accountancy for NHS and private doctors, medical practices and pharmacies — from Tamworth and Uttoxeter, across Staffordshire and beyond.
Our medical sector expertise
How healthy are your finances?
Philip Barnes & Co Chartered Accountants has extensive experience preparing accounts and providing business advice for NHS and private doctors, medical practices and pharmacies.
Medical income rarely arrives from a single source. Hospital sessions, private consulting, advisory roles and NHS contract payments each carry their own tax treatment. Getting that wrong costs money. Getting it right — with a specialist who understands the landscape — frees you to focus on patients.
Our work with medical clients covers the full range of financial challenges the sector presents: accounting for income from multiple sources, practice restructuring, NHS pension planning, partnership agreements, limited company formation, and identifying every benefit and allowance you are entitled to claim.
Dean Ackrill leads our medical sector work. He has supported clients from the very first day of a private medical business launch through to established multi-partner practices — and every stage in between.
Philip Barnes & Co Chartered Accountants is regulated by ICAEW. We have offices in Tamworth (The Old Council Chambers, Halford Street, Staffordshire, B79 7RB — 01827 60033) and Uttoxeter (40 Carter Street, Staffordshire, ST14 8EU — 01889 563550).
What we do for medical clients
Accountancy services for doctors and practices
-
01
Income from multiple sources
NHS sessions, private consulting, advisory and clinical director roles — we account for each income stream correctly and ensure the right tax treatment applies to each.
-
02
Practice restructuring
Whether you are merging with another practice, bringing in a new partner, or separating a private arm from an NHS contract, we advise on the most tax-efficient structure.
-
03
NHS pension planning
The NHS pension scheme is one of the most valuable benefits available to doctors — and one of the most complex. We help you understand your annual allowance position and plan accordingly.
-
04
Partnership agreements
Clear, well-structured partnership agreements protect every partner. We advise on profit-sharing arrangements, buy-in and buy-out terms, and the financial implications of any change in partnership.
-
05
Limited company formation
Many consultants and GPs benefit from operating through a limited company. We assess whether incorporation is right for your circumstances and handle the formation and ongoing compliance if it is.
-
06
Benefits and allowances
From capital allowances on consulting room equipment to expenses specific to medical practice, we ensure you claim every allowance you are entitled to — nothing left on the table.
What our medical clients say
Trusted by doctors and practices across the region
"Dean's advice, hard work and attention to detail have been invaluable."
"We have worked with Philip Barnes & Co since the launch of our private medical business at the end of last year. The service they have provided has been excellent. As our business has evolved our accountant and business adviser Dean Ackrill has been responsive and dynamic to its changing needs. We would highly recommend this company to any start-up business."
Dr Andrew P Willis BSc MBBS MRCS FRCR
Consultant Interventional Radiologist
"Philip Barnes handled the transition from our previous accountants with ease. The one to one service has been informative and comprehensive. Knowledge and experience shines through, nothing is too much trouble. I look forward to working with them for many years to come."
Louise Stockton
Sutton Medical Consulting Ltd
How we work with medical clients
From first conversation to long-term partnership
Free initial consultation
Tell us about your practice, your income sources and your current concerns. No obligation — just a clear picture of where you stand and what we can do.
We learn your financial landscape
Dean Ackrill meets with you to understand your NHS and private income, your pension position, your practice structure and any immediate pressures.
Accounts, tax planning and structure advice
We prepare your accounts, file your returns and advise on the right structure — whether that is a partnership, a limited company, or a combination of both.
Ongoing support as your practice evolves
Medical careers and practices change — new partners, new income streams, retirement planning. We stay close so our advice keeps pace with your situation.
Ready to talk to a specialist who understands medical practice?
Contact Philip Barnes & Co Chartered Accountants for a free initial consultation. Tamworth: The Old Council Chambers, Halford Street, Staffordshire, B79 7RB — 01827 60033. Uttoxeter: 40 Carter Street, Staffordshire, ST14 8EU — 01889 563550.