Sector
Group practice structuring, the employed-versus-self-employed question, and EOPYY reconciliations.
Medical practices grow by adding people, and the way those people are engaged determines most of the tax position. The distinction between employed and genuinely self-employed is examined more closely here than in most sectors.
The second recurring issue is EOPYY. Reconciling what was claimed against what was paid is tedious, and precisely because it is tedious it is usually not done.
How the practice is owned determines how profits are taxed and what happens when a partner leaves. Both are worth deciding deliberately.
Assessed on the actual working arrangement, not the label on the contract. We tell you where the risk sits before anyone else asks.
Claimed against received, monthly, with the differences chased while they are still traceable.
Capital allowances applied properly across a fleet of equipment with very different useful lives.
They rebuilt three years of our books in six weeks before our diligence and caught a transfer-pricing exposure our previous firm had missed twice.
Tell us what is on your desk. Thirty minutes, no fee, and a straight answer about whether we are the right firm.