iTax Solutions

Healthcare

We have the following fee structure for incorporated Community Pharmacies, Opticians or Dental Surgeries:

Yearly fee

Monthly fee

Turnover of up-to £300,000 and 3 employees (excluding directors)

1,800

150

A turnover of £300,001 to £600,000 and up-to 6 employees (excluding directors)

2,700

225

A turnover of £600,001 to £1m and up-to 10 employees (excluding directors)

3,900

325

Fees for businesses with turnover in excess of £1m and over 10 employees are to be discussed and fixed.

Fees are the same for unincorporated bodies and partnership structures.

The above fees include book-keeping, VAT return, payroll, pension duties, year-end accounts, Companies House and HMRC submissions, 1 director’s self-assessment tax return, management accounts and tax advice.

Yearly fees for locum health professionals are as follows:

Sole trader

(£)

Incorporated (Ltd Co)

(£)

Pharmacists

250

600

Opticians

250

600

Dentists/GPs

350

650

The fees above include year-end accounts and self-assessment tax return for sole traders and year-end accounts, Companies House and HMRC submissions, payroll and pension duties and self-assessment tax return for one director for incorporated locums.