We have worked with a number of companies in different areas of the care industry and our services include:
- Financial Due Diligence on the purchase of shares in companies which own Residential Homes.
- Assistance in Grooming Businesses in the run up to sale.
- Preparation of Management Information for Residential Home clients.
- Providing proactive Tax Advice on such matters as choice of trading vehicle (Sole Trade, Partnership, Limited Liability Partnership or Limited Company), Capital Gains Tax, the impact of the 50% Income Tax, Inheritance Tax, other Income Tax aspects, Corporation Tax etc.
- Undertaking Reorganisations of Groups of Companies or Associated Businesses including the use of Limited Liability Partnerships in conjunction with a Limited Company.
- Review of Accounting Systems to identify improvements in the production and processing of financial data.
- Payroll Services for businesses in the care home sector including assistance with the treatment of casual workers, holiday pay entitlement, statutory sick pay, statutory maternity pay, student loans and attachments to earnings.
- Providing a Complete Accounting Office Service for Businesses in the Care sector including writing up the accounting records, processing the payroll and production of management information.
- Preparation of Annual Accounts and Tax Returns.
For more information please contact Iain Sim or Gill Groom.