When it comes to providing medical practitioners with accounting services it is not just a matter of calculating the net profit. There is a whole range of additional needs laid down by the BMA and as expressed by the medical practitioners themselves.

At Darnells, we see accounting for medical practices, and the changes the Government imposes on them, as a full-time, specialist job. This is why we have a dedicated team, with over 15 years' experience, who work on nothing else but medical practices.

It is this approach that earned Darnells membership of the Association of Independent Specialist Medical Accountants, AISMA, a network of more than sixty independent firms of accountants throughout the UK, all of whom are specialists in working for medical practitioners.

Qualifying for AISMA is a rigorous procedure to ensure members are amongst the best financial, taxation, practice management and accounting advisers in the UK. More are refused than accepted.

We have a large number of medical practitioners (see our testimonials page) for whom we provide proactive advice and support in areas such as:

• Budgeting and drawing control systems
• Management accounting and cash control
• Prompt preparation of accounts, in a format that will serve as a management tool for the financial control of the practice
• Tax planning to minimise liabilities
• Understanding the effects of self-assessment
• Surgery premises, including cost / notional rent
• Practice capital and re-financing
• Pension planning for doctors and staff
• Partnership changes and agreements
• Assistance with in-house computerisation or outsource bookkeeping.

For more information about the specialist medical practitioner services of Darnells and how we can help you and your practice, we offer a free, no obligation, initial consultation to review your circumstances and to show you exactly how Darnells can meet your accountancy needs.