MODERN ACCOUNTING
Helping doctors, lead GPs and practice managers manage finances and face challenges.
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Financial planning and advice for doctors
Doctors, as high net-worth individuals, significantly benefit from accountancy advice specific to their sector.
Pension allowance alone is a hot topic, with constant speculation over policy changes. From April 2020 rules regarding tapering of allowance changed by increasing the adjusted income limit to £240,000 (increase from £150,000) and the threshold limit to £200,000 (increase from £110,000). The minimum annual allowance that you can have under the tapering rules has reduced from £10,000 to £4,000. Our FK Medical experts can advise and help with your pension allowance, tax planning and strategy to maximise your position.Â
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Enabling growth for GP practices
Enabling growth for GP practices
The rapidly changing medical environment and business landscape means that many practices are forced to deal with requirements they have limited understanding of and need a complete and comprehensive overhaul of their finances and systems. Our medic-accountancy team are specially trained and experienced in all aspects of financial reporting, obligations, but also, crucially, spotting the ways and opportunities to help practices minimise liabilities, use better systems, and thrive.Â
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Book a free meeting today and we’ll talk to you about how we can support your growth and success.