The Association of Independent Specialist Medical Accountants is a national network of over 75 firms providing expert advice to over 12,000 GPs in 3,700 practices.
AISMA accountants meet demanding requirements set by the Association. These include regular peer reviews to ensure standards continue to be upheld. This means AISMA accountants are among the best advisers on the accounting, finance, taxation, practice management and pension issues affecting doctors today.
By pooling statistical data from medical practices across the UK and continually sharing and exchanging expertise and knowledge, AISMA accountants have unrivalled financial intelligence on what makes the most profitable, well-managed medical practice.
AISMA accountants are attuned to the constant changes faced by the medical profession and are a reliable source of information and advice on the impact of government legislation and policy decisions made locally.

Services

• Annual accounts
• Management accounts
• Budgets and cashflow forecasting
• Drawings calculations
• Financial performance benchmarking
• Tax returns
• VAT returns
• Pension certificates and forecasts
• Annual and lifetime pension allowance calculations in conjunction with specialist IFAs
• Payroll
• Book-keeping
• Accounts software
• Letting statements
• Personal expense claims
• Private fee statements

Advice on:

• Business structures – company or partnership?
• Making Tax Digital
• Setting up provider entitites
• Bidding for new contracts
• New builds
• Company incorporation
• VAT planning
• Computerisation
• Review of practice accounts for GPs considering partnership
• Capital Gains Tax
• Inheritance Tax Planning
• Financial Planning
• Information for mortgage applications
• Financial aspects of partnership agreements
• NHS Pension Scheme