General Practice

Why do you need a specialist GP accountant?
We know there are rarely enough hours in the day for a busy practice manager to analyse the financial data of the practice to the extent that you would like, so you trust your accountant to understand all of the niche factors that affect the running of your practice. The truth is, a non-specialist accountant does not always understand these. We work with a practice management team to provide financial information and advice that doctors need.

You need a specialist accountant to ensure that you are taking advantage of services and cost saving exercises that are available to you. We can help you identify areas where as a practice you are under-performing, and will provide proactive advice on a wide range of accountancy, taxation and financial issues, including the NHS pension scheme.

Minimise your tax bill and make the most of your income
Initial financial health checks are undertaken free of charge and with no obligation. Once we have met to understand your particular needs, we can offer you a portfolio of services that is specifically tailored to you and your practice that include:

  • Practice accounts, tax returns and self assessment
  • Practice set up and assistance with all aspects of practice management
  • Staff training and development
  • Opportunities for tax relief
  • Keeping up to date with changes within the NHS and also private practice
  • Completion of superannuation certificates
  • Retirement planning

Our aim is to provide a first class financial, accountancy and advisory service for YOUR practice, whether GMS or PMS. The dramatic revisions in the way the NHS is run now mean that you need top management skills and up to the minute knowledge to address ongoing changes. With our extensive experience in this industry we can offer you a personalised service to guide you through.

Free no obligation financial health check up
With our help you will be better equipped to deal with the changes happening within your practice, both legislative and of your own choosing, so you make the right decisions to improve the profitability of your business and your personal income.

For more information on how taylorcocks medical can help you get the most out of accounting processes, please contact us.