Medical Accounting

How we can help medical professionals

At MFW we have extensive experience of providing medical accounting, taxation and auditing services to a wide range of medical professionals including:

  • General Practices (GP’s)
  • Consultants
  • Dentists & Hygienists
  • Residential Care Homes

The experience we have gained within your profession means that we not only have all the expert knowledge and experience you need, but that we also have a key understanding about the industry you work in and the legislation and time pressures you face.

We aim to provide the necessary support you need so that you can spend your time where you are needed most, helping your patients.

General Practice

Why choose an accountant with specialist GP knowledge?

Through our knowledge of your industry we have come to understand the pressures that GP’s and their practices face. This is even more the case at a time when the fast pace of change, extra legislative and stricter benchmarks for patient care are even more demanding than ever.

Not all accountants understand the complexities involved in running a general practice and will not necessarily be able to advise you on the most cost effective approaches for you. However at MFW we can and regularly do.

To get to know you and understand your requirements we offer an initial free and no obligation consultation. During this consultation we will take time to understand your business and explain how we can help you and your practice.

We can help with the following medical accounting services:

  • Initial practice set-up and assistance with all aspects of practice management
  • The creation of practice accounts
  • Completion of tax and self-assessment returns
  • Advise you on all your opportunities for tax relief
  • Completion of superannuation certificates
  • Staff training and development
  • We can also provide you with general advice on the NHS Pension Scheme, personal pensions and auto enrolment
  • Retirement and succession planning

We will strive to provide you with a first rate accountancy, financial and advisory service which is designed especially for your practice.

There has never been a greater need to have an expert accountant on your side who understands the medical profession and can advise you accordingly, so talk to us now and see how we can help you.


We work with a number of consultants and have built up specialist knowledge of how you work.

We can help you by:

  • Advising you as to the type of expenses you can claim against tax
  • Explaining your accounts to you
  • Explaining your tax liabilities
  • Assisting you to prepare for retirement funding

At MFW we are on hand to help you with both professional and personal financial goals not only for today but also for the longer term.

We can help with:

  • Bookkeeping, accounting and payroll services
  • Capital Gains Tax
  • Inheritance Tax Planning
  • Training and supplying accounting software, including the latest cloud computing solutions

Why choose an accountant with specialist Consultancy knowledge?

At MFW experience is our strength. We understand the environment in which you work and the legislation you face. We can therefore ensure that you can take not only advantage of our specialist knowledge but you will see a far more proactive approach designed especially for your needs.

Dentists & Hygienists


We have been working with dentists and dental professionals since the firm was first established. Through experience with our existing clients in this profession we really understand that every dental practice is unique and requires a service designed to be flexible to each practice’s requirements. Our knowledge and experience in this area means that you can rest assured you will receive expert advice to help you run your practice as effectively and efficiently as possible leaving you free to concentrate on what you do best.

We can help you with:

  • Advice on setting up a new practice
  • Advice on growing an independent practice and how to source the right finance
  • Advice on taxation and liaising with HMRC on your behalf
  • Advise on successful planning including issues of practice valuation and Capital Gains Tax
  • Advice on retirement planning

Our services include:

  • Preparing your annual accounts
  • Completing personal and business tax returns and liaising with HMRC
  • Advising you on your tax liabilities and payments
  • Advising you on national insurance refunds, superannuation and pension premiums
  • Bookkeeping
  • Training and supplying accounting software, including the latest cloud computing solutions


We also work with a number of hygienists providing help including:

  • Advice on maintaining your self-employment status
  • Preparation of accounts and tax returns
  • Advising on tax liabilities and payments
  • Liaising with HMRC on their behalf

Care Homes

At MFW we also have extensive knowledge in this sector and have been assisting our clients to run their care homes and residential homes more efficiently.

How we can help:

  • Acquisitions and disposals including advice on best sources of finance
  • Assist you to develop business plans for securing finance
  • Advise on how to manage your cash flow
  • Advise you on both business and your personal tax planning
  • By preparing accounts and undertaking audits
  • Provide you with VAT advice
  • Training on accounting software packages
  • Provide you with payroll or BACs support
  • Provide advice on pension planning

Our current clients benefit from our experience within this sector.

If you are seeking an accountant for medical professionals and need advice about any business or personal affairs then why not put us to the test and arrange a free initial consultation.

Book a free initial consultation
to see how we can help your business.

Contact us