We are here to help Healthcare professionals
We'd like to share our expertise with you...
Why Choose Cottons as your accountant?
At Cottons, we understand the complex needs and requirements of GPs, dentists & dental practices, care homes, opticians and other healthcare professionals. Each area of the healthcare profession requires a bespoke, forward-thinking approach for their accounting, advisory and compliance. Our team have many years of experience and expertise in assisting the 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 clients quickly grasp whatever we’re discussing as, above all, our aim is to build long-term relationships with clients to ensure their business is managed efficiently for success.
Our Tailored Accounting & Tax Services
- 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 for partners at surgeries:
- Personal tax planning
- Retirement and Succession planning
- Advising potential partners on buy in and the financial implications of partnership
Accounting & Tax Assistance For Locum Workers
Many healthcare professionals 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. Our experience allows us to provide locums with a wealth of advice ranging from tax and National Insurance obligations to providing guidance and assisting those looking to form a limited company to offer their services.
Cottons are able to provide guidance for both established Locum workers and those looking to start.