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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.

 

 
Accounting For General Practice Last modified: 8 Feb 07
East Somerset GP Vocational Training Scheme - 1 March 2006
Download now Download 68-accounting-for-general-practice.pdf

Case History Last modified: 17 Jan 08
Interim management of the whole financial function plus recruitment and training kept this medical practice running smoothly
Download now Download 142-case-history.pdf

Case History Last modified: 17 Jan 08
Lentells studies of the new GMS contract for GP's raised extra funding for their clients
Download now Download 143-case-history.pdf

Case History Last modified: 17 Jan 08
Lentells expertise wins Doctors huge tax refund and pension bonus
Download now Download 144-case-history.pdf

Case History Last modified: 17 Jan 08
Medical practice receives funding windfall thanks to Lentells
Download now Download 145-case-history.pdf

Case History Last modified: 17 Jan 08
Lentells uncover National Insurance overpayments for two Doctors
Download now Download 146-case-history.pdf

Case History Last modified: 17 Jan 08
VAT advice and training helped many Doctors take on new legislation without problems
Download now Download 148-case-history.pdf

Dispensing Practices Last modified: 8 Feb 06
VAT Impact from 1st April 2006
Download now Download 61-dispensing-practices.pdf

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 Download 170-dispensing-practices.pdf

Dispensing Practices Last modified: 1 May 08
VAT - Frequently Asked Questions
Download now Download 169-dispensing-practices.pdf

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 Download 86-non-dispensing-practices.pdf

Planning, Budgeting & Cost Containment Last modified: 7 Jun 06
Somerset Practice Managers Study Day - 25 May 2006
Download now Download 67-planning,-budgeting-&-cost-containment.pdf

Superannuation Contributions. Last modified: 9 Feb 07
Somerset LMC Study Day - 23 February 2006
Download now Download 69-superannuation-contributions.pdf

Tax Planning - Personal and Practice Tax Last modified: 25 Mar 08
Tax Planning - Personal and Practice Tax
Download now Download 166-tax-planning---personal-and-practice-tax.pdf

Update - Practice Issues 2007 Last modified: 13 Mar 08
Update - Practice Issues 2007
Download now Download 163-update---practice-issues-2007.pdf

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