Business Details
15 Years
experience
Trusted Medical Accountants in Leeds
We are an independent firm of accountants established in 2011, specialising in accountancy, taxation, and business advice tailored to the medical sector. Our team of specialist accountants and tax advisors brings over 15 years of experience in preparing medical accounts, offering bespoke services to healthcare professionals including GP practices, pharmacists, hospital doctors, and retired professionals. With a deep understanding of the NHS financial system, we guide clients through complex regulatory requirements to maximise income and control costs. Our commitment to exceptional customer service is built on trust and transparency, ensuring personalised solutions for both individuals and businesses. We leverage cloud accounting technology to provide real-time financial insights, enabling proactive decision-making.Our expertise spans medical practice mergers, partnership accounting, and tax compliance, supported by a team with over 35 years of combined industry experience. We prioritise long-term client relationships, offering tailored financial strategies that align with evolving professional needs. Our parallel business, Yorkshire Company Accountants Ltd, extends our services to non-medical clients while maintaining the same high standards of accuracy and efficiency. We pride ourselves on simplifying complex financial processes, allowing clients to focus on delivering healthcare without administrative burdens. Our proactive approach ensures compliance with ever-changing tax laws while optimising financial outcomes for our clients.
Services
Accountancy Services
Taxation Advice
Business Consultancy
Self-Assessment Returns
Cloud Accounting
Medical Partnership Accounting
NHS Pension Planning
Practice Management
Retirement Planning
VAT Returns
Details
- Year established: 2011
Highlights and features
- We offer 15+ years of specialist experience in medical accountancy.
- Our team provides bespoke tax strategies for healthcare professionals.
- We navigate complex NHS financial systems to maximise income.
- Cloud accounting enables real-time financial collaboration and insights.
- Personalised service from accountants with deep sector understanding.
Services
Accountancy Services
We provide comprehensive accountancy services tailored to medical professionals, including bookkeeping, financial reporting, and payroll management. Our expertise covers NHS pension schemes, private practice accounting, and partnership structures. With cloud-based systems, we deliver real-time financial insights to support strategic decision-making for healthcare businesses.
Taxation Advice
Our specialist tax advisors offer strategic guidance on medical tax compliance, including self-assessment returns and NHS pension tax charges. We help clients minimise liabilities through allowable expense claims and pension contributions while ensuring adherence to HMRC regulations for healthcare professionals.
Medical Partnership Accounting
We manage complex partnership accounts for GP practices, including profit-sharing calculations and regulatory compliance. Our services cover mergers, acquisitions, and financial restructuring, supported by accountants with over 35 years of combined experience in medical partnership accounting.
Cloud Accounting
Our cloud accounting platform enables real-time financial collaboration and reporting for medical professionals. This technology-driven approach ensures accurate, up-to-date financial records accessible from anywhere, streamlining processes for busy healthcare practitioners and practices.
Retirement Planning
We offer tailored retirement planning services for medical professionals, considering NHS pension schemes and private investments. Our advisors create strategic plans to ensure financial security post-retirement while optimising tax efficiency throughout the transition process.
People
David Johnson
Partner and LLP Member
With over 35 years in accountancy and industry, David specialises in medical practice mergers and partnership accounting. He founded Yorkshire Medical Accountants in 2011 after board-level experience in the automotive sector.
John Horrabin
Partner and LLP Member
A Chartered Accountant since 1993, John has focused on medical partnership accounts since 2002. He co-founded Yorkshire Medical Accountants and brings expertise in GP finance and NHS regulatory compliance.
Phil Barrett
Partner
Qualified as a Chartered Accountant in 2014, Phil oversees corporate clients and VAT-registered GP practices. He has 13 years' experience in general practice accounting across diverse industries before joining YMA in 2022.
Max Johnson
Partner
Qualified ACA in 2021, Max joined YMA in 2017. He specialises in supporting medical professionals with financial management, combining technical expertise with understanding of healthcare professionals' unique needs.
Nicola Costello
Accountant
With 30 years' experience in general practice management, Nicola provides specialist accounting support for GP practices. She joined YMA in 2019, offering practical insights into medical practice financial operations.
Questions
What accounting services do you offer for medical professionals?
We provide tailored accountancy services including bookkeeping, financial reporting, partnership accounting, and cloud-based financial management specifically for healthcare professionals.
Do you handle tax compliance for NHS employees?
Yes, we specialise in NHS pension tax planning, self-assessment returns, and compliance for medical professionals with complex income structures.
Can you assist with GP practice mergers?
Our team has extensive experience in medical practice mergers, acquisitions, and structural reorganisations, supported by accountants with over 35 years of industry expertise.
Do you offer cloud accounting solutions?
Yes, we provide secure cloud accounting platforms enabling real-time financial collaboration and reporting for medical professionals and practices.
What areas do you serve?
While based in Leeds, we advise healthcare professionals nationwide across the UK, specialising in medical sector accounting requirements.
