Accountants For Healthcare
Protect Your Income, Secure Your Pension
Navigate the NHS Pension minefield, optimize your private practice margins, and ensure your GP partnership is built for the contract reality.
Are You Working Extra Shifts Just to Pay a Pension Tax Bill?
For Birmingham’s medical professionals, the reward for hard work is often a complex tax “trap.” Between the McCloud Remedy adjustments and the NHS Pension Annual Allowance, your “taxable income” often bears no resemblance to the cash in your bank.
At MyClearTax, we specialize in the medical sector. From our office in Acocks Green (B27), we provide the specialist oversight needed by GPs at the QE, Consultants in Edgbaston, and Locums across the West Midlands.
Financial Surgery for Healthcare Professionals
1. NHS Pension & “McCloud” Specialists
The McCloud age discrimination remedy is currently changing how your 2015-2022 service is calculated. We don’t just “guess”; we perform a forensic reconciliation of your Total Reward Statements (TRS).
The Result: We help you decide on “Scheme Pays” vs. cash payments, ensuring you don’t overpay tax on “phantom” pension growth.
2. GP Partnership & “GMS” Uplift Strategy
With the 2025/26 GP Contract introducing a 7.2% cash growth but high administrative burdens, your practice needs “Lean” accounting. We manage your Global Sum reconciliations and ARRS (Additional Roles Reimbursement Scheme) funding to ensure every penny is claimed.
3. Private Practice & Locum Structuring
Balancing a Tier-1 NHS salary with private work is a tax high-wire act. We analyze your IR35 status for every contract and determine if a Limited Company vs. Sole Trader structure is more efficient after the 2026 tax threshold freezes.
We have in-depth experience with the following compliance and consulting services specific to the Healthcare sector:
Accountancy Services
- Bookkeeping
- Financial Accounting
- Payroll Management
- Budgets and Cash Flow
Taxation Services
- Self Assessment
- Corporate Tax
- Vat Registration & Return
- Capital Gain Taxes
Prescribe Your Business a Financial Health Check.
We’ll check your pension growth calculations and identify if your private practice structure is leaking cash.
Get a Free 15-Minute Medical Tax Review.
Why the Birmingham Medical Elite Partner with Us
We are minutes away from Birmingham’s major hospitals and the Edgbaston Medical Quarter.
Partial VAT Exemption Mastery: For Consultants with private rooms, we maximise your VAT recovery on equipment while staying compliant with “exempt” medical service rules.
Pharmacy Supervision Relief: We help Birmingham pharmacies implement the latest 2026 VAT reliefs for staff-led services, turning “overheads” into tax-free income.
B27 Local Access: Based on Warwick Road, we offer evening and weekend consultations to fit around your clinic schedule.
People Asked For
Don’t ignore it. You have a limited window to elect for “Scheme Pays.” We’ll calculate your Carry Forward allowance from the last three years to see if we can wipe out the charge entirely.
es, but only if it’s structured correctly to avoid “Private Use” challenges from HMRC. We’ll set up a robust expense policy that covers your admin time, professional indemnity, and GMC fees.
From 2026, services supervised by pharmacy technicians are now VAT-exempt. If your previous accountant is still treating these as standard-rated, you are overpaying HMRC. We’ll fix it.
Starting in April 2026, HMRC’s “Dynamic Coding” began automatically removing historic reliefs (like GMC fees, MDU, and BMA subs) if their internal data suggests they are out of date. If your net pay has suddenly dropped, your tax code has been “stripped.” We can immediately appeal this, reinstate your professional expenses, and claim back any overpaid tax from your monthly salary. Don’t let the “HMRC Bot” keep your money.
Yes. Under the NHS Cost Claim-Back Scheme, you can claim up to £1,000 (including VAT) to cover professional accountancy fees for help with the HMRC Digital Service and your remedial pension statements. We provide the specific, itemized invoicing required by the NHS BSA so that our expertise in fixing your pension records costs you nothing out of pocket.