As a practice Williamson West have a particular interest in providing accounting and taxation services to medical practitioners. We provide support for your whole practice from assisting the practice manager with routine entries in your financial records to reviewing year end accounts with the partners and advising them on their particular individual financial needs.
If you are a hospital consultant needing assistance with your private practice Williamson West are here to help. We can support your requirements whether it is at the beginning of your private practice or whether you are looking to move to a specialist medical accountant. You may well be looking at a traditional private or group practice arrangement with a business structure involving partnerships, limited liability partnerships or a limited company.
If you are a GP locum finishing your training contract and commencing self-employment or PAYE jobs Williamson West can support and advise you through this financial transition and advise you on the various administration needed if you are a member of the NHS pension scheme.
NHS pension scheme
The NHS pension scheme provides a number of complexities for your financial position. We have considerable experience in dealing with the administrative aspect of the NHS pension scheme including practitioner end of year certificates (Type 1 and Type 2), assisting practices with monthly contribution queries and advising on the potential annual and lifetime tax charges that can arise during membership of the pension scheme.
Friends and family
At Williamson West we provide a holistic service to clients and also support the accounting and taxation needs of family members of the medical practitioner.