Our specialism as

Pharmacy Accounting

Accounting for pharmacists, chemists and pharmacy chains

Welcome to Diamond Accounts, your trusted partner for pharmacy accounting. We understand that every pharmacy, whether a single high street location or a part of a branded chain, has unique accounting needs. Our dedicated team of expert accountants is here to help you navigate the financial landscape of the pharmacy sector.

Why Choose Diamond Accounts for Your Pharmacy Accounting Needs?

Our team of specialist pharmacy accountants brings a wealth of experience and in-depth knowledge to the table. We understand that no two pharmacies are the same, and we tailor our services to meet your specific needs. Here’s why you should choose us:

Expert Tax Advice

We offer strategic tax planning for individual pharmacists, locum pharmacists, and pharmacy businesses. Our team is adept at interpreting the IR35 for locums and advising on pharmacy VAT schemes.

Comprehensive Accounting Services

From staff payroll and bookkeeping to annual accounts, VAT returns, and corporation tax returns, we cover all aspects of pharmacy accounting.

Business Planning

We provide guidance on starting up in business, growth strategies, funding and finance, exit strategies, and succession planning.

Personalised Service

We pride ourselves on our client-centric approach. We’re always ready to visit our clients on-site and make them feel welcome at our office.

Tax Compliance

Pharmacy owners must comply with a range of tax regulations, including income tax, VAT, and payroll tax. Our Pharmacy accountant team can help ensure that your pharmacy is compliant with all tax regulations and can provide advice on tax planning.

Our Pharmacy Accounting Services

  • Accounting and Bookkeeping: We manage your financial records, ensuring accuracy and compliance
  • Pharmacy Staff Payroll: We handle payroll for your pharmacy staff, freeing you to focus on your core business
  • VAT for Pharmacy Shops: We provide expert advice on VAT schemes for pharmacies
  • IR35 Advice for Pharmacists: We help locum pharmacists navigate the complexities of the IR35 legislation
  • Business Planning for Pharmacy Businesses: We offer strategic planning and budgeting services to help your pharmacy grow
  • Personal Tax Returns and Planning: We assist individual pharmacists with tax planning and tax return preparation
  • Corporation Tax Returns: We ensure your pharmacy business meets all corporation tax obligations

If you want to talk to our pharmacy accounting team or have similar questions then please get in touch and let’s make a start on your Diamond journey!

I have been with Diamond Accounts over a year now and that alone is the best decision I have ever made. The service they provide is always second to none and they always put their clients at the forefront of their business.

OLUWASEGUN OJO

PHARMACIST

Switching accountants
is simple

01

Tell us that you want to join

02

We talk to your accountants

03

We get crunching the numbers

04

You can start chasing your dreams

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