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As a start point we review a practice’s accounting records, to make sure that they are organised not just for year-end accounting but also as a management tool for internal reporting during the year.
In particular you need an early warning if profits are under pressure and we can help your practice manager to identify problems early on.
We review your profits and income to consider tax exposure and to look at opportunities for tax planning. We look at innovative solutions for you, which might include using limited companies within your structure, particularly if your income is such that you are 45% tax-payers – may be you could pay 19% tax instead!
The scope of the services we offer is wide and includes: