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Healthcare accountants in Cambridge

Running a GP practice, building a medical consultancy, or working as a locum leaves very little time to navigate NHS pension rules, partnership tax or the latest HMRC changes. You may have complex accounting, taxation, wealth management and pension planning needs.

Offering ongoing, proactive support and advice to address your challenges, our Cambridge-based accountants have deep knowledge of the unique accounting and taxation needs of medical and healthcare professionals.

Find out more

Partner-led support in
healthcare and life sciences

As a founder or as part of a senior management team, you can access senior specialists who understand the challenges of the healthcare and life sciences sector. We provide deeply experienced, hands-on support. Our accountants provide:

An approach that flexes around you
Proactive thinking
A long-term focus.

We can give clear guidance when it matters most.

Jemma Gibbons-Riddell, Partner in PEM's Healthcare and Life Sciences team

Accountancy for
life science organisations

Life science organisations operate in complex environments, facing investment and resourcing challenges. The clinical development path is long, often without revenue for extended periods. Progress is measured by medical development milestones rather than financial metrics, which will shape how your organisation presents itself to investors and partners.

Technology transfer is a particular challenge: founders from academia must establish a legal entity, which needs careful handling. Revenue structures are often complicated by partnership arrangements with larger pharma companies, and those agreements require specific accounting expertise. We can help you with:

R&D tax relief
Share option schemes
Partnership agreements
Grant structures.

The stakes are high, so if you’d like to discover how we can work with you throughout your lifecycle, from formation to exit into a pharma, let’s talk.

Get in touch

James Burrett, Partner in PEM's Healthcare and Life Sciences team

The Cambridge life sciences and medical ecosystem

If you’re building something in Cambridge’s life sciences and innovation space, the connections around you matter as much as the advice you receive. Through our close ties with the universities, colleges and a wider network of advisers, investors, and institutions, you’ll have access to the right people to support your growth in this exciting space.

Find out more about our breadth of services below.

Adam Smith, Partner in PEM's Healthcare and Life Sciences team

Healthcare, medical and life sciences
accountancy services

Accounting.

Personal Tax

VAT.

Employment Tax.

Research & Development.

Grant Audit.

Corporate Audit.

Corporate Finance

Hear from our clients

“I was recommended PEM by a senior work colleague who having used another accountancy firm for some time had then engaged PEM. He was surprised by the courtesy, efficiency and value of the service he received, and I can only echo those comments. I am given timely reminders of impending tax returns, and if I have any other taxation questions these are dealt with quickly and comprehensively.”

Ravi De Silva

Cambridge Cardiac Surgery

“PEM provide quality, timely and relevant accountancy services. This year they have assisted us in the raising of private equity, completed a quality audit in record time and ensured our ongoing compliance with all relevant Statutory Accounting, VAT and Corporation Tax legislation.”

Adam Capland

Bourn Hall Limited

“I am delighted to provide this testimonial for the PEM team. Since we started working with them in 2021, they have been extremely proactive in supporting us achieving tight audit timelines. The on-site audit team take time to understand the business and work well with the finance team to produce the required information without causing major disruption. The team uses technology well, notably the Inflo software that project manages both the audit and client teams. Outside of the audit team we have also worked with both the Tax and Payroll teams at PEM, both of which are equally responsive and work well with the other PEM departments. Our experience with PEM has been a very positive one and we would recommend them to any business in our sector and beyond.”

Alex Phillips

Biofidelity