Pharmacies and locums

Whether you operate an independent or chain of pharmacies, we have experience of handling pharmacies’ accounts and are fully aware of the common financial issues faced by the sector.

We understand how to help pharmacies increase their profits even amidst NHS budget cuts and increasing competition and our solutions and services are tailored to your specific business.

Our advice will ensure that you reduce financial inefficiency and increase profitability, meaning you will be able to focus on providing an exceptional service to patients.

Our support for pharmacies includes:

  • Setting up a pharmacy
  • Business plans, including financial forecasts
  • Accounting and bookkeeping
  • Management accounts
  • Payroll and remuneration advice
  • Tax advisory and compliance services
  • Incorporation advice
  • Buying or selling a pharmacy
  • Raising finance

Locums

Locum pharmacists have more flexible working conditions and can enjoy more control over the number of hours they work.

However, whilst they often receive a high hourly wage, growing competition and a rise in the number of qualified pharmacists in Britain means that sourcing work can be more difficult than previously.

Managing your expenses and multiple income streams is also an added complexity. We have the sector-specific knowledge needed to ensure your financial affairs as a single limited company are fully tax-efficient.

Our support for locum pharmacists includes:

  • Preparing and submitting all financial and tax returns
  • Review of your national insurance (NI) position
  • Pension planning
  • Single limited company advice