Our Services to You
Our firm offers a broad range of services that can be tailored to your
partnership’s individual needs.
Compliance Services
For the partnership:
- Annual financial statements in specially designed format to provide
a useful management tool for the financial control of the practice
- Commentary on items in the accounts, including benchmarking the practice
performance against national and local averages where possible
- Calculation of amounts required to be retained within the practice
for partners’ capital
- Meeting partners at your premises once a year to discuss the accounts
- Tax computations based on accounts
- Partnership tax return
For the partners:
- Income tax return
- Claim for professional expenses paid personally and income retained
personally
- Calculation of payments on account and balance due on following 31
January
- Calculation of maximum personal pension premiums payable on non NHS
income
- Preparation of NHS super-annuation certificates
Advisory Services
Specialist advice on the following:
- Drawings projections
- Profit sharing arrangements
- Review of PMS and GMS budgets
- Practice finance including working capital management
- Partnership and personal tax planning including projection of future
tax liabilities
- Partner retirements and admissions
- Partnership agreements
- Staff bonus schemes
- Accounting software packages
