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Resource Finder: Accountants

Whether you’re looking to audit your finances or for advice on VAT, specialist accountancy services could be a vital support to your business. Here, CMM profiles some of the sectors leading accountancy firms.

Hazlewoods

Tel: 01242 237661

Website: www.hazlewoods.co.uk

Sectors           

  • Care homes and care homes with nursing for older people.
  • Learning disability/challenging behaviour.
  • Specialist needs education colleges.
  • Assisted living/close care/extra care.
  • Drug, alcohol and eating disorder independent hospitals.
  • Domiciliary care.
  • Supported living.
  • Children’s services.
  • Secure units.
  • Foster care agencies.
  • Primary healthcare.

Services          

  • Accounts preparation and audit.
  • Business planning and advice.
  • Corporate finance.
  • Tax advisory services.
  • Benchmarking.
  • Sales and acquisitions.
  • Preparing the business for sale.
  • Exit planning.
  • Valuations.
  • Assisting in negotiations.
  • Minimising the effects of income tax, capital taxes, VAT and stamp duty land tax.
  • Due diligence.
  • Raising finance.
  • Estate planning.

Company information       

Whatever stage of the lifecycle your business is at, it is important to have a clear strategic plan, discussing it regularly with advisers who take the time to understand you and your business.

The Hazlewoods Healthcare team has expertise in the industry, developed over 30 years, which can be invaluable for healthcare businesses because it enables us to:

  • Come up with ideas to challenge thinking and improve your efficiency.
  • Plan effectively for the future, whatever your goals may be – short, medium and long term.
  • Make introductions to other experts who can help to grow your business/save you money.

In 2021, Hazlewoods was recognised as ‘Advisory Firm of the Year’ at the Business Leader Awards and named the sixth most active adviser in the UK by Experian, with the Hazlewoods Healthcare team having advised on transactions worth £658m.

Rachael Anstee Partner

Email: rachael.anstee@hazlewoods.co.uk

John Lucas Partner

Email: john.lucas@hazlewoods.co.uk


Kieran Lynch

Tel: 01142 622127

Email: jock@kieran-lynch.co.uk

Website: www.kieran-lynch.co.uk

Sectors           

  • Care homes and care homes with nursing.
  • Learning disabilities.
  • Challenging behaviour and special needs.
  • Domiciliary care agencies.

Services  

  • VAT recovery under VAT Contract Restructuring planning.

Lead Individual

Since launching Kieran Lynch more than 12 years ago, Managing Director Jock Waugh has been supporting care providers through VAT recovery. Over that period, Jock and his team have returned more than £50m in net benefits to the sector.

Jock spent 25 years with HM Customs and Excise, dealing with the full gamut of indirect taxes, from policy, right through to running teams of inspectors as part of risk and intelligence.

‘Historically, the indirect tax system has placed disadvantages on some classes of care providers and not on others,’ says Jock. ‘A classic example of this is the Kingscrest ruling, which only applied to commercial operators and not-for-profit operators were unable to benefit in the same way, whereas all providers of publicly funded services can benefit from contract restructuring.

‘Retrospective claims may be made for periods of up to four years and VAT recovery is also becoming a real tool in terms of acquisition and disposal.’

Company information

Kieran Lynch’s expertise is in the restructuring of welfare services to allow care providers the opportunity to improve their trading positions by being VAT efficient.

Since it was introduced in 1973, Value Added Tax has been a significant headwind for care providers but Kieran Lynch, working with banks, accountants, lawyers, agents and other intermediaries across the sector, can enable providers to claim back part of their VAT expenditure within the existing legislative framework, meaning that something which has hitherto been seen as a burden, has now become a solution.

Jock Waugh Managing Director

Tel: 01142 622127

Email: jock@kieran-lynch.co.uk


Morris Lane

Tel: 01202 715950

Email: mail@morrislane.co.uk

Website: www.morrislane.co.uk

Sectors           

  • Care homes/are homes with nursing.
  • Domiciliary care agencies.
  • Learning disabilities.
  • Property development.

Services

  • Acquisitions and disposals.
  • Accounts and auditing.
  • Business plans, support and advice.
  • Company secretarial.
  • Corporate finance.
  • Payroll services.
  • Tax advice and services.
  • Management accounting.
  • Capital Allowance claims.

Lead individuals  

Roger Morris heads up the Morris Lane team of specialists working with their care home clients. Roger is an award-winning member of the Chartered Institute of Taxation and has over 30 years’ experience in the sector.

Roger is ably supported by lead accountants specialising in the sector, Michelle Cordy, Jon Hoyle, Michelle Pettifer and Connor Ronchetti in providing proactive solutions and services to enable clients to achieve their ambitions, to maximise their profitability, and to increase and protect their wealth.

Company Information          

Morris Lane are specialists in the care home sector and have clients located throughout England and Wales. They are believed to advise more care home operators than any other accountants in the UK.

Whilst providing the accountancy and audit solutions you would expect, their real strength is in the quality and timeliness of their advice, whether this is on structuring your business to ensure you are maximising your tax allowances in line with your business strategy, or as part of the purchase or sale of a care home or business. Morris Lane also work closely with other professional advisers in the sector including banks and solicitors.

Roger Morris Partner

Tel: 01202 715950

Email: roger.morris@morrislane.co.uk

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