NHS contract economics, VAT retail schemes, goodwill transactions, and community pharmacy payroll are specific enough that general accounting experience is not the same as specialist experience.
We are specialist accountants for UK community pharmacy businesses: independent owners, buyers and sellers, pharmacy groups, and locum pharmacists.
Community pharmacies operate under a set of financial rules that differ from most small businesses: NHS Drug Tariff payments, dispensing contractor reconciliation, FP34 claims, VAT retail scheme apportionment, and goodwill-heavy transactions at purchase or sale.
We handle purchase accounting, sale and CGT planning, pharmacy valuation support, NHS payment reconciliation, VAT retail schemes, payroll for dispensing and retail staff, incorporation and structure, and benchmarking against sector margins.
We work on a fixed-fee basis and reply within one working day.
Pharmacy Tax is a trading name of Ashfield Trading Ltd, registered in England and Wales (company no. 16358723). Registered office: 20 Ashfield Avenue, Shipley, Bradford, BD18 3AL.