Care providers
Accountancy services for the care sector - because we care about your business
As a care provider, you offer an invaluable service to the UK's ageing population.
Advances in medicine, increased life expectancy and declining birthrates all mean that the number of older people in the UK is steadily growing. And, it is a growth that shows no sign of halting.
Against this backdrop, there has been a move away from publicly-provided healthcare, towards care in the private and third sectors. Which means that your role as a care provider is more important now than ever before.
Because of this, it is vital to take as much care of your care business as you do of those in your charge. And that is where we step in.
Whatever your role in the care sector, we have the expertise to provide a wide range of accounting, business advisory and tax services. Our significant practical experience means that we understand your sector, as well as your business. So, our services are tailored precisely to your needs – and you can be confident that your investment is in the safest of hands.
Here are some of the ways we help:
- Tax planning: we identify and advise you on potential tax savings, to reduce the overall cost of your investment and maximise the cash available to you
- Annual accounts and tax returns: we prepare and submit these on your behalf
- Finance: we help you arrange finance, and introduce you to local banks with care home expertise
- Capital allowances: as a care home owner, you may benefit from a number of capital allowances on plant, machinery and fixtures. We ensure that you claim all allowances relevant to your business
- VAT: we review the VAT position of your care business, to ensure that irrecoverable VAT costs are kept to a minimum
- Capital gains tax and inheritance tax: we advise you how to structure and operate your care home business, to minimise the impact of capital gains and inheritance tax
- Care Quality Commission: We advise you on the requirements of the Care Quality Commission, and help you plan for the cost of complying with its regulations. We also put you in touch with law firms experienced in this sector, to advise you on the legal aspects of compliance