GPs / Practitioners

The role and responsibilities of General Practitioners have greatly evolved and increased in the current healthcare scenario. Along with delivering primary healthcare services, the other imperatives that GPs need to fulfil include effective management of business operations, financial planning, payroll and staffing as well as budgetary control. RDA is uniquely positioned in its capacity as specialist financial advisors to provide you with the necessary support and services to ensure that the operational efficiency of your practice is taken care of so that you are able to focus on your responsibility of delivering primary healthcare. We can implement accounting and recordkeeping procedures so that your time, effort and resources are appropriately utilised and not unnecessarily stretched.

Accountancy and taxation services

• Our accountancy and taxation services will ensure that your accounts and tax returns are prepared and submitted in accordance with the requirements of Revenue, in a timely fashion and on schedule to meet necessary deadlines.
• We can help you minimise your income tax liabilities by providing professional advice and sharing our knowledge and understanding of available relief and allowances.
• By drawing up a mutually-convenient schedule of activities and appointments, we tailor our services to suit where, when and how you work.
• We ensure you stay abreast of the relevant developments in the GMS contract and how it affects your practice.

Practice management

• We will prepare monthly/quarterly practice management accounts and charts to review practice cash flow and cost control.
• We provide professional assistance and implement systems and training to effectively manage the income and expenditure of your practice
• Our services include essential staff payroll operations that ensure efficiency and conformity to revenue guidelines
• We can evaluate your internal systems and processes, following which we can recommend implementation of computerised systems or training initiatives to potentially improve resource efficiency and profitability.
• Provide financial advice on the merging of medical practices for mutual gain.
• Assistance with CPD and revalidation requirements.
• Forensic accounting services.