specialist sectors
Over the years we have gained considerable experience across a wide range of businesses and industry sectors and have specialisms in several areas including:
Our dedicated specialist team has comprehensive knowledge and understanding of the issues facing doctors in general practice. It is this expertise that has enabled us to grow our client base over the years. We act for; partnerships, single handed GPs, employed GPs, consultants and locums, and provide expert advice to GMS and PMS practices, salaried services, dispensing practices and companies.
We have been acting for doctors for over twenty years - by pooling statistical data and comparing performance we have a clear picture of what makes a profitable, well run practice.
Doctors work notoriously long hours and do not always have time to devote to their finances. To make life as easy as possible, each client is given a main contact within the team and we offer a telephone and/or email service if that is preferable to meetings, although we are happy to meet with you out of hours if you wish.
The services we provide include:
- Profit maximisation
- Tax planning to minimise liabilities
- Advice on property ownership, financing arrangements, maximising capital allowances, cost/notional rent and abatement rules
- Preparing calculations of fixed and working capital requirements and help with finance raising.
- Pension planning for both doctors and staff
- Review of draft partnership agreements to ensure that the terms reflect the wishes of the partners and accounting policies adopted.
- Advising doctors on the accounting, taxation and pension implications of admittance, resignation or retirement in a partnership.
- Assistance with accounts computerisation
- Budgets and Management Accounts
- VAT advice and support with particular reference to dispensing practices
- Preparation of annual accounts and medical statistics, in a format that will serve as a management tool for the financial control of the practice
- Preparation of superannuation certificates
Contact Elaine Andrewartha to find out more.
