Sandison Easson & Co. is an independent firm of chartered medical accountants with over 30 years’ specialist experience of acting exclusively for private consultants, specialists, GPs and medical professionals.
Sandison Easson & Co. Medical Accountant's expertise and experience gives the firm an exceptional ability to understand the many needs of doctors within the medical profession. It is one of the leading firms of medical accountants in the United Kingdom and acts for doctors in almost every city and town in England, Scotland and Wales. They act for doctors at all stages of their careers, across all specialisms and tailor their services to meet individual needs.
Unlike many firms of medical accountants Sandison Easson & Co. proactively provide advice to each and every client. Many firms of accountants do not offer this kind of service automatically. This principle of offering advice to every client, without the need for the client to seek out advice, is one that Sandison Easson & Co. has adopted from its inception. In addition, each partner provides tailored advice on a one-to-one basis to his clients prior to, during and following meetings with them.
Financial advice for private consultants, specialists, GPs and medical professionals
Sandison Easson & Co. pride themselves on offering sound financial advice to their clients, presented during one-to-one meetings, held at a time and venue that suits you. Their partners travel widely throughout the UK, meeting clients at their NHS base, their consulting rooms, surgeries or homes.
Some of the areas of advice that clients receive on a regular basis include:
The best time to change a car
The best methods of financing the change of car
How to obtain extra tax relief on mortgage interest
Regular bulletins on tax-efficient financial planning
Advice on record keeping
Advice on clients’ fee structure/profitability
How much tax is to be paid, when it is payable and how to mitigate the tax due
Inheritance tax and capital gains tax planning
Advice on NHS and personal pension plans (including Self Invested Personal Pensions)
The most advantageous and tax-effective methods of repaying a mortgage
Chambers and groups
Advice on purchasing surgeries and consulting rooms
Sandison Easson & Co. also produce periodic newsletters informing you of important issues and opportunities which clients find very useful.
Medical accountants for consultants and specialists
Sandison Easson & Co. are there to help and advise new clients that are Consultants from the very start. They can assist in all the practical issues involved in undertaking private work, including:
Record keeping, both manual and computerised
Control of fees and cash
Identification of expenditures
Plain English explanations of accounting and tax concepts
Opportunities for tax relief.
Sandison Easson & Co. provide detailed annual accounts, together with financial commentary, and prepare your self assessment income tax return. They also offer ongoing advice throughout the year. For doctors with existing private practices, they can advise on all aspects of their financial affairs.
Many doctors consider forming groups. Sandison Easson & Co. have extensive experience in this area and can assist you in this process from planning through to formation and beyond.
Medical accountants for GPs
The needs of GPs have changed significantly in recent years with the introduction of the new GMS contract. As experienced medical accountants Sandison Easson & Co. understand the issues and pressures faced by GPs in the ever-changing world of general practice.
As part of their accounts production process they advise on practice profitability and discuss potential areas for new income streams or the development of current ones. Due to the volatile nature of practice income, many practices face difficulties in understanding cash flow and how much can be taken as drawings. Sandison Easson & Co. are able to assist you in this area by providing projections and assisting you in cash flow forecasting.
Their dedicated GP department works closely with practice managers, helping them develop their skills to ultimately improve the finance function of the GP surgery. They also have extensive experience in other service areas, including:
Assisting in financial planning and in decisions affecting the surgery.
Advising on matters relating to NHS pensions
Preparing annual GP superannuation certificates
Acting for locum GPs, the GP partners of the future, including setting up your business and advising on potential practices you may be invited to join.
Sandison Easson & Co. operate a dedicated payroll department dealing with all aspects of payroll preparation. They can provide payroll services to individuals (including nanny schemes), GP practices and Limited companies. Many clients of these medical accountants have benefited from operating a payroll and the financial benefits usually outweighing the costs of administration.
Sandison Easson & Co. are authorised by the Financial Services Authority (FSA) to carry out investment business. They are able to provide a variety of products including pensions and insurance policies.
Tax investigation services
Sandison Easson & Co. provide an exclusive service to their clients to protect them should they be subject to an enquiry from HM Revenue & Customs. This service is becoming increasingly important as HM Revenue & Customs target high net worth individuals to raise additional revenues. Their service represents exceptional value for money and provides peace of mind to clients.
Sandison Easson & Co.
1 Harley Street
Tel: 0207 307 8759
Tel: 01625 527351 (General line)
Tel: 01625 537005 (P.A. to Partners)
Fax: 01625 539315