Click here to
Get an instant quote

Accountants for doctors in Liverpool

Finding the most suitable accountant to deal with your medical practice will lead to a long term partnership which will increase the chances of success for your business. Although there are many accountants that deal with all types of trade, you will benefit by carefully selecting accountants for doctors. Liverpool practices will maximise revenues and will receive guidance on a range of important issues from a specialist accountants.

What to look for in an accountant

The accountant should have a solid knowledge of the National Health Service and be aware of all current reforms to healthcare. With this knowledge, you will be able to make relevant decisions for the long term future of the practice. Legislation changes frequently and making the wrong decision based on outdated facts can adversely affect your practice.

Arrange a meeting with your chosen accountancy firm so that you can discuss your requirements and the services you will require.
Although you want an accountant which specialises in the medical profession, they should also have considerable knowledge of limited companies, contracting and other subjects which may be relevant to your situation. If you are looking for personal financial planning in addition to the practice, check whether this service is included.

Contact with your accountants is crucial, so check when they are available to you and the various methods of contact. If you have a query, make sure someone will be available to provide an answer. Ask the company about the information they will require from you in order to complete tax returns, accounts and superannuation certificates.

Specialist services

You will typically receive a range of services from accountants for doctors. Liverpool accountants often produce newsletters periodically, so that you are kept up to date with current developments related to running a doctor’s practice. The accountant may also be able to help you compare the performance of your practice to others in the area, making adjustments where necessary.

What are the fees?

Before signing a contract with accountants for doctors, Liverpool practices should check what is included in the service. Your selected accountant should be clear about what is included in the package and whether any conditions apply. Accountants often offer a monthly package which will help you to budget for accountancy fees. Once you have signed with an accountant, you should receive a written copy of terms and conditions. Here at Wainwrights, we specialise in helping medical professionals across the North West. Contact us today to see how we can help you.