PRIMARY CARE NETWORK SUPPORT AND ADVICE
Dedicated support and advice.
A primary care network is a coordinated network of GP practices and nurses. Viewed as a necessary corollary of the national plan to deliver healthcare services at the local level, these networks play an important role. However, the increasing need to maintain accounts and generate regular reports is a strain on resources. Ramsay Brown provides dedicated support and advice for primary health care services to enable them to avoid the stress of non-expertise requirements while focusing on their core areas.
Accounting Support and Advice for Primary Healthcare Services
The HMRC requires a primary care network to comply with a number of accounting and reporting regulations. Surplus funds need to be reported by March 31st every year, tax liabilities have to be looked after and NHS rewards and VAT planning are required. With new changes effective from 2019, these requirements have increased and have put a necessary, yet unwanted, burden on GP practices in the network.
Our accounting professionals provide support and advice for primary health care services. By guaranteeing compliance with financial regulations associated with structural setup and operations, our team can assist the primary care network to identify the most suitable tax-saving approach and NHS pension schemes as part of overall financial management. We will assist in issues related to VAT, which extends to identifying mitigation and management solutions, planning, filing and rebates.
Where We Can Help You:
- Formation and financial model creation
- Manage financial and estate pressures
- HMRC and NHS financial compliance
- Advise primary care networks on tax liabilities and savings
- Comprehensive VAT support
- NHS pension scheme for the staff
- Creating an income-share model to reduce tax liabilities
- Support for individual GP practices
Get the expert support and advice your primary care service needs
Contact us today.