Services to Community Pharmacies

Community Pharmacies

We reduce your risk. We provide the following compliance services at a FIXED PRICE: –

  • Cloud Based Accounting System (Platinum Supplier Partner with Xero)
  • Monthly bookkeeping using Xero Cloud Based System
  • Monthly VAT using Xero
  • Monthly Payroll using Xero
  • Monthly 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

xero-platinum-partner

As part of our services, we will benchmark your results to cover: –

  • Turnover compared to similar clients
  • GP Margin
  • NHS, OTC and services income
  • Staff costs
  • Net profit margin
  • Overall cash flow of the business
  • Checking that you are drawing money out tax efficiently
  • Other tax planning areas
  • Long term financial planning

 

The staff and the management at Modiplus are efficient, friendly, approachable and helpful. We are happy with their service. They always meet deadlines and make sure we don’t miss ours. They are thorough and keep us updated on our business, always providing helpful suggestions. They are always willing to help and discuss any issues we may have and strive to make sure we are happy with their service.

S Davda, Chel Pharmacy, London.