Our Services
Who do we work with?
See below for some examples of whom we predominantly work with.
Sole Trader
Our work involves assisting sole practitioners in Private Practice including those looking to achieve business growth, improved cash generation, tax efficiencies and overall excellent compliance with accounting and tax laws.
Limited Company
We are experienced in assisting limited company medical practices with day-to-day business compliance and effective profit extraction. We advise on the latest tax matters affecting doctors trading through limited companies including goodwill and remuneration strategies.
Partnership/LLP/Group
We have extensive knowledge of the advantages and disadvantages of medical practitioners working as a group. We advise on a variety of specific group issues including capacity utilisation, economies of scale, profit sharing and administration.
Charity
We work with charities looking to raise funds for medical causes. We work efficiently with the Charities Commission and have in depth knowledge of matters including resource allocation, cashflow management, investment appraisal and accounts preparation.
What can we offer?
Company Accounts
Preparation, feedback and electronic filing of limited company accounts. In-depth knowledge of UK Generally Accepted Accounting Practice and corporation tax legislation.
Bookkeeping
Dealing with the day-to-day record keeping of a medical practice. Ensuring that the financial records are of the highest standard using specialist accounting software.
Dealing with HMRC
Negotiations with HMRC on a variety of tax matters specific to the medical profession including IR35, incorporation, record keeping and business structures.
Planning
Value-adding advice regarding business growth, compliance, all taxes and exit strategies.
Payroll
Management of PAYE scheme for employers in the medical profession. Production of payslips and compliance with HMRC’s RTI scheme.
Tax Return
Preparation, feedback and electronic filing of Self Assessment, Partnership, Company and Trust Tax Returns.
Annual Returns
Taking the hassle away from the doctor by filing the statutory company documents with the minimum of fuss.