01227 811745

Healthcare

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Unprecedented changes in the NHS present fresh challenges and opportunities for the healthcare industry. At the same time, HM Revenue & Customs have been looking ever more closely at the tax affairs of GPs and consultants.

We work in association with an experienced practice management consultancy to help GPs to:
  • Improve quality standards
  • Implement and maintain formal staff recruitment, appraisal and management procedures
  • Formulate a proper financial budget
  • Implement financial control and reporting procedures to monitor performance against budgets
  • Establish proper partnership arrangements, such as profit sharing and ownership of surgery premises
  • Ensure proper claims for reimbursements from the NHS
  • Assist practices to improve book-keeping and accounting system
  • Assist with year end reporting and tax compliance
  • Advise on tax planning issues including business structures and latest HMRC guidance
  • Assist with payroll and employee benefits
  • Advise on VAT issues

We can also advise and assist consultants and other healthcare professionals in relation to all accounting and tax planning matters, including:
  • Correct treatment of all sources of income, including PAYE and non-PAYE income
  • Review of eligibility of expenses
  • Advice on tax effective business structures

If you are a GP in sole practice or partnership, a practice manager or self-employed Consultant and you would like to discuss how we might be able to assist you, please contact us to arrange a no obligation initial meeting.