Medical, Dental & Healthcare.

We understand that every healthcare provider faces unique challenges.  With decades of experience in the healthcare sector, our team brings a consultative and results-driven approach. We work in partnership with our clients, offering a fixed-fee service and regular proactive advice to support confident decision-making.  Whether you’re a GP partner, hospital consultant, care home group or pharmacy owner, we offer the expertise and insight to help you thrive.  We’re members of AISMA as well as NASDAL, ensuring that we’re at the forefront of developments in healthcare. 

We work with a wide range of healthcare professionals and providers, including:

• General Practitioners (GPs)

• Hospital Consultants

• Locums

• Dentists

• Opticians

• Pharmacists

• Care Homes

• Nurseries

• Veterinary Practices

Compelling reasons to switch to Dains:

• Be in good company – We act for approximately. 250 practices and over 1,000 medical practitioners across the country.  You can’t argue with the numbers!

• Expert knowledge – Our Stoke and Scotland offices are proud members of AISMA (the Association of Independent Specialist Medical Accountants), meaning we are not only up-to-date but at the forefront of developments in medical accountancy

• Financial check-up – Every year, we conduct a detailed benchmarking exercise to highlight any areas of the practice where income can be increased or costs reduced

• Embracing digital – We have the resources and the knowledge to convert and support practices onto Xero, a cloud-based software to maintain the day-to-day bookkeeping, but more importantly, allow partners and practice managers to monitor performance throughout the year

• Support throughout the year – We can tailor reporting within the software to support partners and practice managers in understanding their finances and assist with management accounts monthly, quarterly or six-monthly

• We understand the NHS pension scheme – We can help GPs understand the ever-evolving pension scheme and assist with the compliance aspects of the complex Annual Allowance rules, calculating and reporting if pension tax charges apply

• Fixed fee – The clock isn’t ticking for accountancy and tax services, encouraging more regular communication between you and us. We also offer a no-fee guarantee if we don’t live up to our claims

• It’s easy – Simply send a letter to your current accountant stating that you are moving to a different firm… we’d be happy to email you a pro forma. We’ll take care of everything else

Although fundamentally NHS employees, there are a number of areas we’re able to assist hospital consultants with:

• Tax-efficient planning for private practice income

• Support with hospital and private sector reporting requirements

• Advice on structuring income streams and managing liabilities

• NHS pension scheme insights and Lifetime Allowance planning

Whether you’re a principal, associate or limited company, our tailored advice delves deeper than just compliance-based services:

• Starting Off

• Outsourcing (payroll ,bookkeeping & management accounts)

• Annual accounts

• Optimal dental practice structure

• Tax planning and compliance

• Practice benchmarking

• Strategic planning and succession planning

• Buying or selling a practice

We are proud members of NASDAL (the National Association of Specialist Dental Accountants & Lawyers) and through our membership of this body, we can share best practice in the sector to benefit our clients.

Making the transition to self-employment can mean big changes in the way you work and, just as importantly, in the way you pay your tax and national insurance.  We work with many locums to guide them through the process and ensure that they have the necessary tools and information to negotiate life as a locum.  There are many areas we can use our experience to help with:

• Registering for self-employment

• The tax return process

• Record-keeping and Making Tax Digital compliance

• Savings for tax

• Superannuation

• Advice on IR35 matters

• Going into Partnership

We have experience in pharmacies at every level and can assist those looking to buy their first pharmacy, right through to succession plans for the sale or passing on of the business.  Some of the services we offer include:

• Start-up support and financial forecasting

• VAT and tax compliance

• Outsourcing (payroll, bookkeeping and management accounts)

• Strategic planning and succession advice

• Acquisitions and disposals

Dains has a dedicated team specialising in VAT and accounts for opticians and the ophthalmic sector. We provide tailored advice and guidance on all aspects of financial accounting, including:

• VAT

• Annual accounts and profitability analysis

• Outsourcing (payroll, bookkeeping and management accounts)

• Tax planning and compliance

• Acquisitions and disposals

Our team have an excellent understanding of the vet profession and can assist clients in all matters relating to practice and personal finance.  Whether you are just starting or a long-established practitioner, we can advise you on the following:

• Starting Off

• Outsourcing (payroll, bookkeeping & management accounts)

• Annual accounts

• Optimal veterinary practice structure

• Tax planning and compliance

• Acquisitions and disposals

At Dains, we have a great deal of experience in helping children’s nurseries to grow.  Our team have an excellent understanding of the nursery profession and can assist clients in all matters relating to practice and personal finance.  Whether you are just starting or have a long-established business, we can advise you on the following:

• Starting Off

• Outsourcing (payroll, bookkeeping & management accounts)

• Annual accounts

• VAT

• Tax planning and compliance

• Acquisitions and disposals