Specialist Accountants for Pharmacies & Locum Pharmacists
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NHS and private income reconciliation, stock valuation, capital allowances on dispensing robots, and profit extraction for owners.
Self-assessment, IR35 status on agency work, mileage and expense claims, and limited company versus sole trader comparisons.
Management accounts per branch, acquisition and goodwill advice, and funding forecasts for buying a second or third pharmacy.
VAT on zero-rated and standard-rated lines, e-commerce bookkeeping and stock control for distance-selling pharmacies.
We reconcile EPS and NHS schedules against till takings, track stock movements and keep your books ready for review at any point in the year.
Dispensed NHS medicines are zero-rated while over-the-counter sales and services are standard-rated. We get the split right and reclaim what you are due.
Company or sole trader returns prepared with every allowable cost claimed, from GPhC registration and indemnity to training and fixtures.
Payroll for pharmacists, technicians, dispensers and delivery drivers, plus workplace pension auto-enrolment and statutory pay.
Status reviews on agency and locum engagements, expense claims and the most efficient trading structure for your level of income.
Running a pharmacy comes with complex financial demands, from managing multiple income streams to keeping on top of stock and payroll. Our Pharmacist Accountants in Banchory help you navigate these challenges with practical, tailored support. Tax, VAT and expense treatment can depend on your individual circumstances, so we always tailor our advice to your specific situation.
Drug tariff, category M, EPS reconciliation and stock valuation — no explaining required.
One qualified point of contact who knows your branch, your numbers and your plans.
Xero, QuickBooks or Sage linked to your bank and till so figures are current, not six months old.
Management accounts showing dispensing margin, retail margin and profit per branch.
One agreed monthly fee with no hourly billing and no unexpected invoices.
We work with pharmacies, GP practices, dentists and clinics, so the sector is all we do.
We begin by getting to know your practice and understanding your unique needs. This step ensures we have a clear picture of your operations and your goals.
Based on our initial discussion, we create a personalised plan designed specifically for you. The aim is to keep everything organised and easy to follow. You can rest assured that your numbers are being handled with expert precision.
From there, we take care of the ongoing work and keep you updated with reports. You’ll always know what’s happening, and we’re always here to answer your questions, ensuring you have a clear picture of your financial health at all times.
Using the latest technology to offer customised financial strategies that help healthcare practices grow and thrive.
A dedicated accountant who understands pharmacy margins, stock and NHS reimbursement.
Our team is here whenever you need guidance. We offer unlimited support to ensure your financial management is always on point.
Our team has over 100 years of combined accountancy experience.
Never Miss any deadline with our automated email reminders.
We’re an ICAEW, ACCA & AAT accredited Firm.
Take a back seat and let our pharmacy accountants handle everything. Switching mid-year is simple and you never need to contact your old accountant:
Reach out to us, and we’ll discuss your needs and how we can help your healthcare practice thrive.
We’ll send over a simple letter to formalise our partnership and get everything in motion.
If you're switching, we’ll take care of contacting your previous accountants to make the transition smooth.
From there, sit back and relax. We’ll manage your accounts, taxes, and everything in between, keeping your practice running smoothly.
Our service includes a full range of accounting and tax support tailored to pharmacists and pharmacy businesses. This covers Self Assessment, annual accounts, bookkeeping, Corporation Tax, payroll, tax planning, management accounts, and VAT support where applicable. We also help with financial record keeping and business structure advice, ensuring you have the right foundation for your pharmacy work. Because every pharmacist's situation is different, we agree the exact scope with you upfront, ensuring you get the support you need without paying for anything unnecessary.
Our Pharmacist Accountants in Banchory work with community pharmacists, locum pharmacists, self-employed pharmacists, pharmacy owners, independent pharmacies, pharmacy partnerships, and other pharmacy businesses. Whether you are just starting out as a locum or manage an established pharmacy, we tailor our support to your circumstances. If you earn income from pharmacy work or run a pharmacy business, we can help you manage the accounting and tax requirements that come with it.
Pharmacy income often comes from multiple streams, including NHS payments, private prescriptions, over-the-counter sales, and locum fees. We help you keep these separate and accurately recorded, which is essential for tax reporting and understanding your profitability. Treatment of different income types can depend on individual circumstances, so we review your specific situation and advise on the best way to record and report each stream. Our aim is to make your income clear and your tax position correct.
Yes. Self Assessment is a core part of our service for locum and self-employed pharmacists. We help you gather your income and expense records, calculate your tax liability, and submit your return to HMRC on time. We also advise on allowable expenses and payments on account, which can vary depending on your circumstances. If you have multiple income sources or work through a limited company, we can guide you on the most appropriate approach.
Pharmacists may be able to claim expenses such as professional registration fees, indemnity insurance, continuing professional development, and travel between work locations. The rules on what is allowable can depend on individual circumstances and the nature of your work. We review your expenses carefully and ensure you only claim what is legitimate, helping you stay compliant while not missing out on relief you are entitled to.
Absolutely. We offer bookkeeping services to keep your financial records accurate and up to date, which saves you time and reduces stress at year-end. We also run payroll for pharmacy staff, including part-time employees and locum workers, ensuring PAYE and National Insurance are handled correctly. Whether you need weekly, monthly or quarterly bookkeeping, we can tailor the service to your needs.
VAT can be complex for pharmacies because some supplies are exempt, some are standard-rated, and some may be zero-rated. Whether you need to register for VAT depends on your turnover and the nature of your business. We provide VAT support where applicable, helping you register if required, prepare and submit VAT returns, and keep accurate records. VAT treatment depends on individual circumstances, so we always review your specific situation before advising.
Switching is usually straightforward. We can contact your current accountant on your behalf to request the necessary information and ensure a smooth handover. We will review your existing records, identify any outstanding issues, and set up a plan to bring everything up to date. CruseBurke is a professional accounting firm committed to maintaining high standards of compliance and continuing professional development. Our team stays up to date with changes in tax law and HMRC requirements, and we are happy to discuss our qualifications and professional memberships with you directly during your initial consultation.
