Expertise

Expertise - Healthcare

doctor

We have many years’ experience in all aspects of healthcare and are highly experienced in the very specific nature of the industry requirements.

We have specialists working in the following sectors:

  • GP Practices
  • Consultants
  • Care Homes
  • Dental Practices
  • Pharmacies & Opticians

GP Practices

We are nationally recognised specialists acting for over 90 GP practices and more than 600 GPs. As specialists for the sector we can make the whole tax and accounting process easy and efficient for you. We employ specialist medical accountants so you don't need to explain the terminology.

Our aim is to ensure that GPs receive meaningful financial information to be able to measure performance, including being able to benchmark against up-to-date local data. We are also one of the only accounting firms in the region to be members of AISMA (Association of Independent Specialist Medical Accountants).

Practice advice

  • Specialist accounting systems
  • Cash flow & drawings projections
  • Cost & notional rent schemes
  • Tax planning
  • Tax effective borrowing
  • Performance measurement & benchmarking
  • Partnership agreements
  • Pensions, investments & retirement advice

Accountancy and Compliance

  • Management accounting
  • Outsourced finance function
  • Annual accounts preparation
  • Tax compliance - Direct & Indirect

Consultants

We act for numerous Consultants in the South-West and beyond.  With many consultants exploring different trading arrangements like partnerships, LLPs and limited companies we can advise which structure best helps the business flourish whilst protecting personal exposure and minimising tax. We have helped with incorporating private practices for maximum tax efficiency, as well as in monitoring exposures to Annual Allowance and Lifetime Allowance tax charges in relation to the NHS Superannuation Scheme alongside personal pensions.  Our services aim to help busy consultants to maximise their net income while saving them time and reducing their admin burden.

Practice advice includes

  • Incorporation
  • Accounting systems
  • Cash flow projections
  • Advice on consultancy agreements/PAYE status
  • Tax planning
  • Tax effective borrowing
  • Partnership, shareholder and associated agreements
  • Pensions & investments advice
  • Retirement planning

Accountancy and Compliance

  • Management accounting
  • Outsourced finance function
  • Payroll processing
  • Annual accounts preparation
  • Tax compliance - Direct & Indirect

Care Homes

We have a thorough knowledge of the care home market. With details of over 40 care homes we can benchmark homes to help cross-check performance.

As nationally recognised tax specialists we focus on helping to maximise profits and minimise tax liabilities. We understand that tax issues for care homes are never straight-forward and we ensure we are up-to-date with all relevant issues including hot topics like tax efficient ownership/operation structures, inheritance tax planning, maximisation of entrepreneurs relief, stamp duty land tax mitigation and capital allowances.

Practice advice includes

  • Accounting systems
  • Cash flow projections
  • Drawings projections
  • Incorporation
  • Tax planning
  • Tax effective borrowing
  • Benchmarking
  • Partnership agreements
  • Pensions & investments advice
  • Retirement/succession planning

Accountancy and Compliance

  • Management accounting
  • Outsourced finance function
  • Payroll processing
  • Annual accounts preparation
  • Tax compliance - Direct & Indirect

Dental Practices

Because we act for more than 30 dentists and practices in the region, we understand the issues and terminology of the industry. We can check your practice's efficiency by benchmarking against local and national trends, keep you up-to-date with all the relevant guidelines and identify tax breaks and opportunities to save tax.

Practice advice

  • Incorporation
  • Accounting systems
  • Cash flow projections
  • Drawings projections
  • Advice on consultancy agreements/PAYE status
  • Tax planning
  • Tax effective borrowing
  • Performance measurement
  • Benchmarking
  • Partnership, shareholder and associate agreements
  • Pensions & investments advice
  • Retirement planning
  • Completion of superannuation annual return forms

Accountancy and Compliance

  • Management accounting
  • Outsourced finance function
  • Payroll processing
  • Annual accounts preparation
  • Tax compliance - Direct & Indirect

Pharmacies & Opticians

It is vital to pharmacists and opticians alike that they are using the most appropriate VAT scheme for their industry.

This can be highly involved and our experts can advise the best solution. In some cases we are able to save our clients significant sums of tax.

We can also help with incorporation of a company, structuring the purchase or sale of a business and dealing with self-employed locums as cover.

Call us now

  • Exeter - 01392 667000
  • New Forest - 01425 610166
  • Plymouth - 01752 301010
  • Poole - 01202 663600
  • Salisbury - 01722 337661
  • Taunton - 01823 275925
  • Torquay - 01803 320100
  • Truro - 01872 276477
 
Leading Edge Alliance Awards 2013
Taxation Awards 2014
The British Accountancy Awards 2014
South West Insider Annual Dealmaker Awards 2015
South West Insider Annual Dealmaker Awards 2016
Payroll World Awards 2016
ICAEW Chartered Accountants