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Medical and healthcare practices

Accounting, tax and payroll support for healthcare professionals and practices.

Medical practices require dependable records for professional income, operating costs, employees, tax and management reporting. The engagement is defined around the practice structure, billing arrangements, registrations and information available.

Engagement areas

Support connected to the operating realities of the sector.

Only the registrations, filings and services applicable to the entity and included in the accepted proposal form part of the engagement.

01

Fee-income records

Accounting for receipts, invoices and outstanding amounts based on the practice's available source records.

02

Operating expenditure

Bank, supplier and control-account reconciliations for practice costs within scope.

03

Payroll and employer compliance

Payroll administration and routine employer returns where applicable.

04

Income tax and provisional tax

Preparation and administration based on complete and accurate records.

05

VAT assessment and compliance

Support where the practice is registered or where the VAT position requires review.

06

Management and annual reporting

Management information and annual financial statements appropriate to the engagement.

Information that helps us scope the work

  • What is the legal and tax structure of the practice?
  • How are patient or scheme billings and receipts recorded?
  • How many employees and practitioners are included?
  • Which tax registrations and filing obligations apply?
  • Are current records complete and reconciled?

Monthly retainer or separate project?

Recurring bookkeeping, reporting, payroll and routine compliance can be considered for a monthly retainer. Historical clean-up, specialised registrations, SARS audits or disputes, restructuring and other work outside the recurring scope are separately assessed and quoted.

Clear limits matter.
The accepted proposal records the entities, transaction volume, employee limits, reporting frequency, meetings and exclusions that apply.

Discuss the right engagement for your business.

Submit the business profile, accounting volume, payroll size and current record status so Candid Accountants can assess plan fit and any onboarding work.

Request a Proposal