37 Warren Street London W1T 6AD

Tel: 020 7383 3200   sadhna.mehta@silverlevene.co.uk   https://www.silverlevene.co.uk

We have been providing pharmacy specialist services for over 28 years and know and understand your business very well.

Our objective is to help you in these areas:

Services to community pharmacies

– Cloud Based Accounting System (Partners with Xero)
– Monthly bookkeeping using Xero Cloud Based System
– Monthly VAT using Xero /  MTD & HMRC compliant
– Monthly Payroll Xero
– Monthly / Quarterly Management Accounts
– Board view meetings, if appropriate (Focus on how to grow your Business)
– Annual accounts
– Corporation tax return
– Personal tax returns
– Ad hoc email and telephone advice
– Nine months meeting to consider tax options, as appropriate

 Services to locum pharmacists

We reduce your risk. We provide the following compliance services at a
fixed price:

– Registering you with the HM Revenue & Customs for your self-employment
status
– Preparation of self-employed accounts
– Preparation of personal tax returns
– Preparation of limited company accounts
– Preparation of company tax return
– Filing with the HM Revenue & Customs and Companies House
– Ad hoc email and telephone advice

As part of our service we will automatically look at and advice you on the
following 5 areas:

– We will ensure that all relevant expenses are claimed
– How to reduce your tax i.e. trading through a company
– How to draw money tax efficiently
– How to keep your accounting records to reduce the risk of a tax enquiry
– Help you with a purchase of a pharmacy

Tax planning and financial services advice

Apart from the routine tax advice we can offer be-spoke tax planning advice
to reduce your tax further. We can:

– Reduce your personal tax
– Reduce corporate tax
– Reduce capital gains tax
– Reduce inheritance tax
– Reduce stamp duty land tax
– Provide tax advice on sale of your pharmacy
– Provide advice on buy-to-let properties and how to restructure ownership
– Provide advice on Entrepreneur’s relief for a company with investments and
cash
– Provide advice on wills, drafting and recommending a solicitor

We safeguard your long-term financial future by providing proactive advice
through our recommended IFA:

– Investment advice
– Pension planning
– Mortgages
– Business protection
– Income protection
– Critical illness cover

Buying a pharmacy

If you are thinking of buying a pharmacy, we can help you with:

– Assessing the risk and rewards
– The negotiation process
– The process of buying goodwill and stocks (Asset Purchase)
– The process of buying the entire share capital (Company Purchase)
– Accounts and financial due diligence consideration prior to purchase
– Business plan
– Profit projections
– Cash flow projections
– Tax considerations depending on purchase of goodwill or shares
– Specialist finance schemes
– Loan applications
– Recommending pharmacist specialist firm of solicitors and stock-takers
– Enquiries with CCGs / PCSE / NHS England
– Registering with GPhC
– VAT registration
– PAYE registration
– On-going accounting services

Free meeting with Umesh Modi
We offer a free no obligation meeting at our office. Umesh Modi would
welcome an opportunity to meet with you and discuss how we can help you in
some of these areas.

If interested, please contact Sadhna on 020 7383 3200