We understand the challenges that medical practices face - challenges that are different depending on whether you are PMS or GMS. Deciding whether to go GMS or PMS is a crucial decision and both options can have significant impacts on GPs salaries and remunerations.

That is only the beginning of the financial complexities the medical sector face. Like any other business you have to ensure that there is a planned and workable cash flow.

As partnerships, medical practices also have the issue of partners leaving or retiring and how the process is managed to ensure that both sides are content financially.

How we can help

We work with companies in the medical industry and can advise whether to go PMS or GMS.

We ensure that your financial planning and cash flow is efficient and run like any other business. We can help with budgets planning and management accounts so you can predict incomes and expenditures accurately, allowing you take the right amount of salary at the right time.

As Chartered Tax Advisers we specialise in both company and personal tax so whether you are buying a car, paying your salary or selling your practice you can be comfortable in the knowledge that you will pay the minimum amount of tax.

We’ll worry about your financial health so you can worry about your patients' health. Call us now on 0870 770 811 to find out what we can do for you.