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Medical Practitioners
Running a successful medical practice is highly demanding. Not only do you need first class medical knowledge but also all the skills of running a modern, profitable business. Our specialist medical services department is managed jointly by Andrew Spear FCCA and Jo Fursman FCCA (Contact Chard Office). Andrew is a recognised expert in medical practitioner services and professional partnerships and has lectured widely across the South West on financial issues for GP practices. Jo has an in depth knowledge of medical practices and has several years experience in dealing with GP practitioners and other medical related clients.
We currently deal with around 70 medical practices as well as a range of consultants, dentists, nursing homes and complimentary practitioners. Our experienced team of professionals will give you expert advice and support allowing you to focus on running your practice. Our in depth knowledge ensures we are able to provide advice on VAT, pensions, practice property issues, partnership agreements, all financial impacts of the new GMS contract, PMS funding and contracts and practice based commissioning.
We also supply the full range of support services such as:
- Bookkeeping – offering advice on systems or full bookkeeping service.
- Accounting – quick, accurate year-end accounts, allowing you to plan ahead
- Tax Planning – utilising allowances to minimise liabilities.
- Management Accounts – interpreting the data to provide you with invaluable management information.
- Budget Forecasting – managing your resources to ensure cash flow and profitability.
- Drawings Projections – the important question of how much you will earn.
- Partnership Agreements – advice when changing partners or altering agreements.
- Practice Premises – cost rent, notional rent, tax allowances.
- Capital and Re-financing - raising money for expansion and development.
- Pensions and Investments – professional long term financial planning
For more information about the Medical Service Department of Lentells and how we can help you and your practice, please browse the accompanying notes, presentations and newsletters. These are provided for information only and for advice on individual cases, we offer a free no obligation initial consultation to review your circumstances and to demonstrate how Lentells can meet your practices accountancy requirements.
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| Accounting For General Practice |
Last modified: 8 Feb 07 |
| East Somerset GP Vocational Training Scheme - 1 March 2006 |
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| Case History |
Last modified: 17 Jan 08 |
| Interim management of the whole financial function plus recruitment and training kept this medical practice running smoothly |
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| Case History |
Last modified: 17 Jan 08 |
| Lentells studies of the new GMS contract for GP's raised extra funding for their clients |
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| Case History |
Last modified: 17 Jan 08 |
| Lentells expertise wins Doctors huge tax refund and pension bonus |
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| Case History |
Last modified: 17 Jan 08 |
| Medical practice receives funding windfall thanks to Lentells |
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| Case History |
Last modified: 17 Jan 08 |
| Lentells uncover National Insurance overpayments for two Doctors |
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| Case History |
Last modified: 17 Jan 08 |
| VAT advice and training helped many Doctors take on new legislation without problems |
| Download now |
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| Dispensing Practices |
Last modified: 8 Feb 06 |
| VAT Impact from 1st April 2006 |
| Download now |
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| Dispensing Practices |
Last modified: 1 May 08 |
| A Summary of the VAT treatment of various common services provided by GP's from 1 May 2007 |
| Download now |
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| Dispensing Practices |
Last modified: 1 May 08 |
| VAT - Frequently Asked Questions |
| Download now |
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| Non Dispensing Practices |
Last modified: 12 Feb 07 |
| A summary of the VAT treatment of various common services provided by GP's from 1 May 2007 |
| Download now |
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| Planning, Budgeting & Cost Containment |
Last modified: 7 Jun 06 |
| Somerset Practice Managers Study Day - 25 May 2006 |
| Download now |
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| Superannuation Contributions. |
Last modified: 9 Feb 07 |
| Somerset LMC Study Day - 23 February 2006 |
| Download now |
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| Tax Planning - Personal and Practice Tax |
Last modified: 25 Mar 08 |
| Tax Planning - Personal and Practice Tax |
| Download now |
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| Update - Practice Issues 2007 |
Last modified: 13 Mar 08 |
| Update - Practice Issues 2007 |
| Download now |
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