Specialist Accountants for Doctors, Doctors Surgeries & Consultants
At Cottons, we understand the complex needs and requirements of Doctors, Doctors Surgeries & Consultants. Acting as accountants for doctors requires a bespoke, forward-thinking approach for all accounting, advisory and compliance requirements. Our team have many years of experience and expertise in assisting this healthcare sector.
As part of our personal service, our clients have their own dedicated contact at Cottons. We also never use jargon or complicated technical and financial terms. We explain everything in a way that helps you quickly grasp whatever we’re discussing as, above all, our aim is to build long-term relationships to ensure your business is managed efficiently for success.
How we assist Doctors Surgeries:
- Annual or Management Accounts preparation
- Tax planning and advice
- Budgeting and cash flow
- Business Plans and Financial forecasting
- Raising of Finance
- VAT advice
- Accounting Software and training (ensuring you meet the Making Tax Digital legislation set by HMRC)
- New surgery development and equipment funding
- Practice merger guidance
- Reviews of business structure.
We also offer services tailored for
Partners at Doctors Surgeries:
- Personal tax planning
- Retirement and Succession planning
- Advising potential partners on buy-in and the financial implications of partnership
Accounting Solutions For Locum Doctors
Many GPs work as locums at some stage in their career. This type of work often mixes salaried and self-employed work and therefore those accounts may present their own set of challenges.
Cottons are able to provide guidance for both established Locum Doctors and those looking to start. Our experience allows us to provide locums with a wealth of advice ranging from tax and National Insurance obligations to those looking to form a limited company to offer their services.
Accountants For Care & Nursing Homes
Our team at Cottons understands the challenges faced in the care and nursing home sector and can offer numerous services which would be beneficial for your business including:
- Sales and Acquisitions
- Tax and VAT Planning
- Payroll Services
- Audit and Accounts
- Wealth Management