In the face of competition from multiples, supermarkets and internet pharmacies, it is important that community pharmacy businesses operate as efficiently and profitably as possible.

Pharmacists need to be free to focus on managing and developing their business and it is therefore important that they have someone they can rely on to deal with their accounts and tax issues.

We offer routine accounts and tax compliance services such as dealing with management accounts, VAT, payroll, annual accounts and tax returns.

More importantly, in addition to these routine services, we look to add value by assessing and discussing key aspects of their business with our clients, such as:

  • Turnover levels
  • Gross profit margin
  • Stock levels
  • The ratio of NHS income to OTC income
  • Staff / locum costs
  • Net profit margin
  • Cash flow
  • Finding the most appropriate VAT scheme
  • Tax planning

Our goal is to help our clients to get what they want from their business.

For further information please contact one of our Pharmacists team:

Mark Williams