What to Consider
Running a medical or physiotherapy practice isn’t for the fainthearted. It takes a level of confidence and ambition to set up your own business but the rewards can be very satisfying. Understanding your business’ financial and accountancy needs are paramount in creating a successful practice.
You will need to choose which business structure is most appropriate and implement a finance function that runs itself, freeing you up to spend more time on growing your client base. Most medical services are exempt from VAT but some auxilliary services such as yoga, pilates or personal training are not.
You will also need to be careful about you handle payments to staff and contractors. If an employment is in place, then payroll will need to be administered correctly. Most importantly, you’ll need to have a real time view of your business’ financial performance so that you can adapt as you grow.
How We Can Help
We work with numerous medical professionals and businesses to help implement a modern finance system designed to free up time. We ensure your bookkeeping works seamlessly, your payroll is administered efficiently and your tax filings are always kept up to date.#
Our cloud based and fully paperless processes enable the generation of real time financial data so that you know exactly where your business is at.
Our team are qualified, experienced and most importantly, always on hand to offer advice and support when you need it. We are also completely upfront with our pricing and our services can grow with you.
Our Expert Services
Streamline your process and save admin time with our fully paperless and cloud-based systems.
Accountancy and Tax Compliance
Rest assured that your annual filings to Revenue and the CRO are made on time, every time.
Let us look after your entire payroll process. Our experienced team service all sizes of employers.
We can provide registered office, company secretary, company formation, strike-off services and more.