Doctors, Dentists , Pharmacists and Locums

Through years of service to the medical profession, we have accumulated a wealth of experience in dealing with the specialist tax and compliance issues facing doctors and other medical professionals, such as:

  • Accounting for income from different sources such as hospital PAYE work, private patients, and participation on advisory panels;
  • Partnership arrangements such as income sharing or joint ownership of premises;
  • Advising doctors who are technically self-employed but participate in the NHS pension scheme;
  • Dealing with VAT registration for dispensing practices;
  • Completion of superannuation certificates.

At ST-Partnership, we take the pain out of finances and help you to minimise your tax bill and make the most of your income.

We can help you to:

  • Submit your paperwork accurately and on time each year;
  • Claim all of the benefits and allowances available to you;
  • Deal with the complex issues of VAT, Indemnity Cover, Fee Protection Insurance, etc.;
  • Decide whether to set up a practice, take on new partners, expand your practice or become a limited company;
  • Manage your practice accounts as well as your own personal tax return;
  • Meet your obligations as an employer;
  • Plan for your financial future and navigate the potential pitfalls of pension schemes, wills, Inheritance Taxes, life policies, etc;
  • Maximise your earning potential and minimise your tax bill.
  • We offer a Fixed Fee structure wherever possible to give you a sense of security and enable you to plan your finances more effectively.

Opticians

We understand the anomalies of VAT, partial exemption and fixed cost appointment. You will be provided with ways to reduce your tax bills, you will be shown ways to improve your profits.

Our strength lies in supporting and understanding the small to medium size Ophthalmic managed businesses.

  • Our fees are competitive with a fixed fee structure.
  • If you provide all your records we will prepare your accounts within 45 days.
  • You will always deal with a partner or an account manager.
  • We will always explain things in terms you will understand.
  • If we don’t know the answer on any subject at all we will find someone who does.
  • Please ring for a free initial meeting.

Dental Practitioners and Associates

We have accumulated many years’ experience in dealing with the special tax and compliance issues facing Dental Practitioners and Associates, including:

  • Accounting for income from different sources such as NHS work under a PCT contract, private patients, etc.
  • Partnership arrangements such as income or expense sharing.
  • Advising dentists in connection with NHS pension matters.
  • Considering the question of incorporation of Practices.
  • Advising on the purchase of Dental Practices.
  • Preparing business plans.

We take the pain out of finances and help you to minimise your tax bill and make the most of your income.

We can help you to:

  • Submit your paperwork accurately and on time each year.
  • Claim all of the benefits and allowances available to you.
  • Deal with the complex issues of fee protection insurance, VAT, leasing etc.
  • Decide whether to set up a Practice, take on new Partners or Associates, expand your Practice, or become a Limited Company.
  • Manage your Practice Accounts as well as your own personal Tax Return.
  • Meet your obligations as an employer.
  • Plan for your financial future and navigate the potential pitfalls of pension schemes, Wills, Inheritance Taxes, life policies etc.
  • Maximise your earning potential and minimise your tax bill.

We offer a fixed fee structure wherever required to give you a sense of security and enable you to plan for your finances more effectively.

Pharmacy

Accounting and Tax planning for Pharmacists

Pharmacists and pharmacy managers are far too busy in their routine patient care work to be over burdened by the administration of their accounting and tax matters. The changing nature of the role of the pharmacist within the NHS brings its own challenges and complexities. The tasks involved in meeting these challenges are best entrusted to a Healthcare specialist. ST-Partnership provide flexible accounting and tax advisory services to both individuals and partnerships to free up your time to focus on what you are qualified to do.

Primary financial care activities

  • Outsource the worry and workload involved in accounts, tax and pension arrangements
  • Maximise revenues and increase profitability
  • Keep robust books and payroll administration.
  • Comply with the ever changing legislation and regulatory demands.

Being Chartered Accountants and Chartered Tax Advisers we can leverage our experience of the bigger financial picture to your advantage, helping you optimise your accounts, superannuation, taxation as well as pension arrangements.

We can also help improve your bottom line by raising business performance as well as minimising liabilities and taxation.

If you are retiring/ retired Pharmacist, we can help maximise your pension as well as assist with Inheritance Tax planning.

Require more information?

If you would like more information or would like to speak to us direct then call us on 020 8863 3337. Or if you would prefer, ask us a question online.