Medical

For a range of clients in the healthcare sector, we can help in areas such as business structuring and strategy, payroll and specialist tax advice including capital allowances. The healthcare sector has unique and complex demands, and specialist medical accounting expertise is critical to effective advice. Our team provides a wide range of accounting services to the healthcare industry ranging from GP partnerships to consultants, salaried GP’s and hospital doctors.

Our accountants will ensure you are working from the appropriate tax code and are operating from the most appropriate legal entity. By helping your medical practice to identify inefficiencies we can offer improved cash generation, reduced tax burdens and advice on profit extraction.

Our services include:

  • Annual Accounts Preparation
  • Management Accounts Preparation
  • Personal and Business Tax Return Preparation
  • Practice Payroll Preparation
  • Maintenance of Bookkeeping Systems
  • Review of Deductible Expenses
  • Business Plans
  • Review of Business Structure
  • Incorporation of Private Practices
  • Advising on Practice Mergers
  • Practice Development
  • Succession Planning
  • Retirement Planning
  • Valuations

With McMill CPA & Advisors working with you in your medical practice, you can focus on patients and let us keep up with the numbers. We can help with your monthly reporting, quarterly and year-end payroll reporting, tax planning, succession planning, retirement planning, advice on selling your practice when it’s time to retire or move, medical practice consulting, business valuations, and general financial planning. McMill CPAs & Advisors currently provides all of these services for a wide variety of practice types and sizes.

We also offer a complete line of services for you individually. Tax planning, tax compliance, personal financial statements, and consulting are some of the ways we can help you keep your focus on your business.