
Taxation for GP Practices
Free consultation with one of our specialists
Expert Tax Services for GP Practices
Taxation for GP Practices can be complex and ever-changing. At Nichols Medical Accountants, we specialise in taxation for GP Practices, ensuring you’re well-informed and compliant.
Tailored Tax Solutions for GPs
As experts in Taxation for GP Practices, Nichols Medical Accountants offers comprehensive services to optimise your practice’s financial health, including essential annual tax services and strategic tax planning.
Services you need every year
- Preparing the partnership self-assessment tax return.
- Preparing income tax projections in advance of tax payments.
- Providing tax planning support to minimise tax bills.
- Dealing with rental income returns. Many doctors have become accidental landlords. We can help with all aspects of buy-to-let taxation, including splitting income between husband and wife or civil partners, income tax and capital gains tax.
Services you will need occasionally
- Claiming 10% entrepreneur’s relief on the sale of surgery premises.
- Capital allowances planning on the acquisition of surgery premises.
- Tax planning in conjunction with practice mergers.
- We offer tax investigation services if needed.
- Inheritance tax planning.
- VAT planning
Extended Services for GP Accounting
Nichols & Co Medical Accountants offer a full range of services that support all aspects of GP practice financial management. Explore our advanced tax strategies and pension management services tailored for medical professionals.
- Accounting
- Taxation
- Benchmarking
- NHS Pensions
- Partnerships & Mergers
- Tax Enquiry Protection
Maximising Your Practice’s Tax Efficiency
Benefit from our in-depth understanding of Taxation for GP Practices with services that ensure your practice’s financial efficiency and compliance.
- Personalised self-assessment guidance
- Advanced tax payment forecasting
- Strategic tax minimisation
- Specialised rental income tax services
- Expert advice on income splitting
- Detailed capital gains tax support


Personalised Support for GP Taxation
Our commitment to your practice’s taxation needs is unparalleled. We ensure you benefit from every opportunity and comply with the latest tax regulations, offering peace of mind and financial security.
“They show a high level of integrity and I value that”
Khalid Ismail, General Practitioner of over 30 years and Senior Partner of South Lewisham Group Practice in South East London explains what he values the most from working with our Nichols & Co team and how we support their medical practice.
Get in touch
Contact us for specialist medical accountancy services for GP Medical Practices
If you’re looking to plan your finances for the future or trying to find an answer to a problem then get in touch today.
Telephone: 020 8850 3300
We’re open from 9am to 5pm Monday to Friday. We are closed on bank holidays.
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