GP Practices

At Yorkshire Medical Accountants we have continually developed the layout of our practice accounts in order to make them clear and easy to understand. This has enabled us to provide our clients with detailed and meaningful information in order to make better informed business decisions.

We place a strong emphasis on looking at ways to improve the efficiency, profitability and performance for all of our medical practices.

We can help you with: –

• Preparation of accounts in an easy to understand format

• Meetings to discuss the accounts and financial issues

• Tax planning and tax projections

• Drawings projections

• Cash flow forecasts

• Estimates of pensionable profit

• Certificates of pensionable profit

• Succession planning, partnership changes and property ownership

• Benchmarking and statistical performance data

• Preparing management accounts

• Formation of GP super practices

• Practice mergers and demergers

Our experienced team is supported by a firm of Independent Financial Advisers who give expert financial advice to the medical sector. The financial advisors have a specialised and comprehensive knowledge of the NHS pension scheme and NHS consultant contracts, in order to help our doctors, salaried GPs, locums and consultants make informed and effective decisions.