01Accounts and tax returns
Year-end accounts and Self Assessment or company returns for selling a dental, gp or pharmacy practice: tax guide, filed on time.
02Fixed-fee advice through the year
Questions answered by your named accountant, without the clock running.
03Making Tax Digital
Compatible software set up and quarterly updates filed where MTD applies.
04NHS pension tax
Annual allowance and taper calculations, with Scheme Pays guidance where a charge arises.
Your questions, answered
- How much tax do I pay when selling my practice?
- Selling a dental, gp or pharmacy practice: tax guide pay income tax on taxable profit at 20%, 40% and 45%, plus Class 4 National Insurance on self-employed profit. Payments on account mean your first bill can include half of next year's tax too. Where income also comes from overseas, residence status and split year treatment decide what the UK taxes.
- Does Business Asset Disposal Relief apply to my practice?
- It depends on your circumstances. Our team reviews your income, structure and records and confirms the right approach for selling a dental, gp or pharmacy practice: tax guide in writing as part of your fixed-fee service.
- How much does an accountant for practice owners planning a sale cost?
- Our packages for selling a dental, gp or pharmacy practice: tax guide start at £45.83 + VAT a month, with Core at £62.50 and Growth at £75 + VAT. The right package depends on your income sources, whether you trade through a company and any payroll, VAT or pension work. We confirm the exact fee in writing before any work begins, so there are no surprise invoices.
- Do practice owners planning a sale need to comply with Making Tax Digital?
- Making Tax Digital for Income Tax applies from 6 April 2026 to sole traders and landlords whose qualifying income (gross self-employment plus property income) is over £50,000, falling to £30,000 from April 2027 and £20,000 from April 2028. PAYE salary does not count. Selling a dental, gp or pharmacy practice: tax guide trading through a limited company or a partnership are not brought in yet. We set up compatible software and file the quarterly updates for you.
- How do I switch to Medical.Accountants?
- Switching takes minutes on your side. You sign our engagement letter, we contact your previous accountant for professional clearance and records, and we take over HMRC and Companies House authorisations. You can switch mid-year; we pick up from the last filed return.
General information for the 2026/27 tax year, prepared from the official guidance linked below. It is not personalised tax or regulated financial advice. Rules and circumstances can change; confirm your position before acting.
Official sources referred to on this page: NHSBSA annual allowance guidance; HMRC pension annual allowance and taper (GOV.UK); HMRC VAT Notice 701/57 (health professionals); GOV.UK inheritance tax on pensions (from April 2027).
Official guidance
