Associates, Locums and Contractors

Tax Returns

We aim to stay in touch with our clients, communicate fast and efficiently

We will liase with HM Revenue and Customs on all your taxation needs and queries.

We will aim to offer a personal service with a dedicated accountant on a 1 to 1 basis

We will advise you on how and when to pay taxes

We will advise you on how to save taxes and legitimate safe strategies to employ

Salaried GPs and Locum Doctors

As experienced and qualified accountants we can provide an efficient service to help Doctors prepare their Tax returns and Year end Accounts if they trade through a Limited company as well.

Accounting for associates

We offer full advice and tailored service to associates and locums who work in the healthcare sector. Being experienced in this sector we have an intimate understanding of the nature of the work involved and expectations of the practitioner them self.

Changes on the horizon

Doctors, Surgeons and Senior Management are now self employed, and many also have businesses outside of the NHS, this complicates their financial records when submitting separate tax returns and can potentially have implications on their pensions.

Preparing an inaccurate tax return can be headache and lead you to overpaying taxes.

Sole trader Vs Limited

This is one of the key points to consider when being self employed. The route to take depends on a number of factors and needs to be discussed with your accountant. Individual circumstances need to be understood. This is something which Associates and Locums need to consider carefully as well.

Associates also need to consider what their long term goals are. We have often come across associates who with some financial helps have gone on to own their practices or become the principals as well. Being an associate is often seen as flexible and excising career line too with variety and choice of hours too based on what role you apply for.

Why us

The Self assessment regieme  is strict and requires accurate and timely compliance. This is likely to become more rigorous in future years as HMRC is considering introducing a quarterly upload system where taxes will be accounted for on a quarterly basis!

 

AGA Partners Accountants can prepare Statutory financial statements in line with UK GAAP and Financial Reporting regulations.

It is highly important to ensure accurate and meaningful financial statements are prepared to ensure compliance with statutory regulations and laws.

We offer fixed fee quotations on this service and will be tailored to your requuirement.

Timely submission of accounts

IXBRL Tagging

Prepare micro entity accounts

Prepare and file Abridged accounts

Prepare full accounts

Prepare full working paper files.

Complimentary half hour meeting

Act as your agent for HMRC purposes.

Locums, Associates and contractors do not usually require management accounts. However if you have other business interest, we can provide following services:
  • Management Accounts prepared monthly or quarterly
  • Regular up to date information
  • Allows you to make informed decisions

However we offer the following for small businesses:

Quarterly management accounts service

Commentary on accounts

Analysis of Key performance indicating

Profit analysis. Profit margin analysis and review

Expense analysis and commentary.

AGA Partners can help you evaluate business proposals and evaluate the future performance of your business.

Cashflow forecast are vital to review the suitability of a business over short and medium time and potential future cash requirements or crash crunches that could occur.

AGA Partners can help you analyse business scenarios, carry out projections and produce cashflow forecasts fro bank funding purposes.

AGA Partners can help you evaluate business proposals and evaluate the future performance of your business.

Cashflow forecast are vital to review the suitability of a business over short and medium time and potential future cash requirements or crash crunches that could occur.

AGA Partners can help you analyse business scenarios, carry out projections and produce cashflow forecasts fro bank funding purposes.