Specialist Accountants for Pharmacies & Locum Pharmacists
4.9/5.0
Google Reviews
See what doctors, dentists, and care providers say about working with us.
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.
Pharmacy businesses generate income and costs in ways that do not always fit neatly into standard accounting templates, and that is where mistakes and missed opportunities tend to appear. Our Pharmacist Accountants in Presteigne help you stay on top of the detail without turning it into a burden.
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 is built around what pharmacists and pharmacy businesses actually need. Depending on your circumstances, it can include preparation of annual and statutory accounts, Self Assessment tax returns, partnership accounts, Corporation Tax computations and filings, bookkeeping and financial record keeping, payroll for dispensary and counter staff, VAT support where you are registered, management accounts and tax planning. You choose the level of support that suits you, and we can take on more or less as your business changes. Everything is explained clearly, and where a tax or accounting treatment depends on your individual circumstances, we will say so.
We work with community pharmacists running dispensaries, locum pharmacists covering multiple contracts, self-employed pharmacists, pharmacy owners and independent pharmacies, pharmacy partnerships, and limited companies operating one or more branches. We also support pharmacists with additional income from employment, rental property or investments. Because each arrangement has different reporting and record-keeping requirements, we start by understanding how you work before recommending an approach.
Pharmacy businesses often receive income from several sources at once — NHS prescription payments, private prescriptions, over-the-counter sales, consultations, locum fees, and sometimes online or distance-selling activity. We help you record each stream accurately and consistently so your accounts and returns reflect the true position of the business. How each type of income is treated for tax purposes can depend on your individual circumstances and business structure, so we review this with you rather than applying a standard assumption.
Many pharmacists do, particularly if you are self-employed, work as a locum, receive income from a partnership, or have untaxed income from property or investments. If all your tax is collected through PAYE and you have no other untaxed income, you may not need to file — but this depends on your individual circumstances. We can review your position, prepare and submit the return where required, and make sure any allowable expenses and reliefs are considered in good time before the deadline.
Commonly claimed costs include professional registration and indemnity cover, subscriptions to professional bodies, specialist clothing and equipment, and travel between work locations where it is not ordinary commuting. What is allowable varies considerably depending on your employment status, your contracts and the nature of the expense, so there is no single answer that fits everyone. We will review your outgoings and tell you clearly what can and cannot be claimed in your circumstances, so you are not left exposed.
Yes. We can keep your bookkeeping current throughout the year, which makes the year-end process far less rushed and gives you a clearer view of how the business is performing month to month. We can also run payroll for dispensary staff, counter assistants and any locum cover, handling pay, deductions and the associated reporting. If you already keep your own records, we can work with whatever system you use, as long as it captures the information HMRC requires.
Some pharmacy income is exempt from VAT while other sales and services are standard-rated, which can make registration and reporting more involved than in many other sectors. Whether you need to register depends on your turnover and the mix of what you sell, and whether voluntary registration is worthwhile depends on your individual circumstances. We can review your position, advise on the practical options, and handle VAT returns and record keeping where you are registered.
Switching is usually simpler than people expect. Once you decide to move, we contact your existing accountant to request the handover of your records and any outstanding information, and we let you know what we need from you in the meantime. From there we review your position, agree the support you need, and take over the relevant accounts, returns or payroll. To begin, simply get in touch and tell us about your work and what you would like help with — there is no obligation, and we will explain the next steps clearly.
