At Benison Solvers, we work with professionals in a wide range of sectors to assist them with Personal and Corporate Tax Planning. We also assist our clients with a variety of other financial-related management tools to suit their many needs.
Self-Employed Medical Professionals
We are experienced in preparing the financial statements for the following self-employed medical professionals, assisting them with Personal Tax Planning and filing their Personal Tax Returns with HMRC:
- Dentists and Orthodontists
- Hospital Consultants, such as GPs
We also advise on tax-deductible expenses, to ensure you have claimed the maximum tax relief on your business expenses.
In addition, we can help you identify how you can minimize your tax liability on the income from foreign investments, such as property investment.
To ensure there are no penalties or fines that may arise due to delay of filing your taxes, we will remind you of any deadlines via regular email or telephone communication.
Corporate Medical Professionals
For our corporate medical professional clients such as General Practitioners, Pharmacists or Opticians, we provide: monthly management accounts, weekly or monthly payroll services, tax planning for directors and shareholders, corporate tax planning, advice on capital allowances, Capital Gains Tax and annual accounts.
As part of our support to medical professionals, we issue updates on your tax position due to changes in NHS and PCT regulation. As well as assisting you with compliance services, we have the expertise to review your gross profit margin, advise you on your stock levels, locum costs, net profit margin, and prepare and review the overall cashflow position of the business.
Other professionals who use our services include: Human Resources and Business Consultants, Solicitors and Architects, to name but a few.
For these clients we provide support by:
- Preparing financial statements
- Assisting with personal tax planning
- Filing personal tax returns with HMRC
- Advising on tax-deductible expenses, to ensure the maximum tax relief on business expenses has been claimed
- Identifying how the tax liability on the income from foreign investments, such as property investment, can be minimized.
To ensure there are no penalties or fines from delays in filing your taxes, we will remind you of any deadlines via regular email or telephone communication.