Pharmacy Accountancy


News & Articles


A Festive Tax Break
As Christmas approaches thoughts turns to office parties. So what view does the tax man take when an employer arranges a Christmas party for their staff?
Self Assessment Penalties
The self-assessment system was introduced in 1996 and at present HM Revenue & Customs require about 10 million individuals to file returns each year.
Should I Incorporate?
This is a question we are frequently asked by locums. The answer is “it all depends”.
The 1000% Tax Trap - And How To Avoid It
Imagine getting a pay rise of £1,000 per annum and then finding your tax liability increasing by £1,055, that’s over 100% tax. Now imagine your pay rise is just £100 but your extra tax liability is still £1,055. That’s a tax rate of over 1000%!
Pharmacy Locum Tax Planning
At what point should a sole trader pharmacy locum consider operating via a limited company? The answer to this depends on a number of factors, which are specific to the individual.
2010/2011 Tax Year End Planning
February is a good time for individuals to have a think if there are any simple steps they can take to minimise their tax liabilities.
New Pension Regime - Government Announcement 9th December 2010
We detailed the key points arising from the Government's announcement on 9th December 2010 regarding the future direction of pension provision in the UK.

 

 

The Suitable Accountant for All Pharmacies Out There

All businesses, whether big or small, can grow to their full potential if they can concentrate on their core operational strategies and are guided properly in terms of their accounting status and financial endeavours. This is also true for pharmacies. Indeed, Warr and Co was established to cater especially to the accountancy and taxation needs of both community pharmacies and locum pharmacists throughout the United Kingdom. A firm of Chartered Accountants & Independent Financial Advisers, the company offers its professional outsourcing services to allow pharmacists to concentrate on their daily operations. The result: pharmacists are assured that their accounting requirements are constantly taken care of smoothly and efficiently. Aside from that, the accounting company is geared, through its wealth management programmes, towards helping pharmacists understand the specific needs and challenges in their industry.