Pharmacies and Pharmacists

Providing the medicine for your financial woes

AGS provides business support and accountancy services, ensuring pharmacies like yours run efficiently and in profit.

The knock-on effects of the pressures placed upon the NHS are being felt by pharmacies throughout the UK through pharmacy funding cuts and Category M Clawbacks. It has never been more important to ensure the financial side of your business is in good working order, ensuring you can continue to compete in an increasingly demanding market whilst also protecting your gross margin.

Whether you have a single pharmacy, or are a locum, or operate a chain, we can provide you with the support and guidance that will ensure your business remains in the best possible health.

How can AGS help my pharmacy?

Having provided business support and accountancy services for a range of pharmacists and pharmacies, we can help you to reduce the expenditure of your business and remain tax compliant. We can also guide you through the bureaucracy and associated headaches that often come with running a business in such a competitive market.

Our experience within the sector enables us to understand the challenges you face and provide workable solutions to increase your efficiency and improve your profit margins by analysing the current enhanced/advanced services on offer at the pharmacy.

AGS can offer a full range of business support and accountancy services, allowing you to concentrate on your pharmacy while we take care of its financial side.

These include:

• Bookkeeping – including VAT returns (Monthly v quarterly) ‘Making Tax Digital’ submissions
• Buying or selling a pharmacy
• Statuary audit services
• Payroll and auto-enrolment
• Financing on new branches and extensions
• Budgeting
• Business plans
• Services Advanced/Enhanced
• Business restructuring
• Cash flow forecasting
• Financial due diligence
• Capital gains and exit planning
• Practice and personal tax planning and compliance
• Raising finance (funding of scripts).
• Corporate Finance for the Healthcare Sector

We can also help with your personal affairs, allowing you to become more tax efficient and ensuring, through expert insight and advice, you and your family are prepared for whatever the future holds.

To start benefitting from professional financial guidance and support, contact AGS today.