We offer a complete and personal service for all
businesses including healthcare practitioners.

We ensure that your accounts are produced and delivered promptly and that they are in accordance with the provision of the Statement of Fees and Allowances.

We prepare financial and management accounts for day-to-day control of your practice.

We produce information to explain the allocation of profits amongst the partners and provide information to enable you to run the practice economically and efficiently.

We prepare detailed projections and help you with business plans for your practice.

We prepare annual accounts and tax computations for agreement with the Inland Revenue.

The current tax system of Self Assessment imposes automatic penalties for late filing of Tax Returns and the random selection by the Inland Revenue of business accounts for investigation. You must ensure that your financial systems and procedures are good enough for you to comply with the tax regulations and to make any tax enquiry as trouble-free as possible.

Practices which are starting up, as well as existing ones, all need financial help sooner or later. Many experience problems arising from not preparing well enough before the practice commenced or from a lack of longer term planning. Banks and financial institutions insist on seeing a practice plan before they offer the necessary funds.

Providers of finance need to know about your present position and your ideas for the future. It is always important to present all the relevant information. By having a detailed practice plan you demonstrate that you have clearly thought through the important issues of your practice.

• Is your practice profitable or not?
• Are you maximising your profits?
• Are you minimising your costs?
• Do you know your break even point?
• Do you have enough cash available to pay your bills at the right time?
• Do you know how much extra cash you will need to finance the growth of your practice?

...OR IS YOUR PRACTICE IN CONTROL OF YOU?

Some of the most common reasons for business failings are:

• Lack of proper information systems
• Liquidity problems
• Deficiency of cost controls

Accounting for General Medical Practitioners - A Practical Approach
Taxation Aspects for Medical Doctors
Taxation Aspects for Dentists