Care Homes

At Duncan & Toplis, we’ve been providing accountancy services for care home businesses for over 30 years.

The ageing population means that there is an increased need for the provision of retirement homes throughout the country.

Our dedicated team of experts understands the unique challenges facing the care sector and is able to provide advice and support on a range of matters, including business advice and taxation matters.

 

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Mitigating financial pressures

A number of care homes are declared insolvent every year, and many experience conflict between the needs for cost-saving and efficiency and the need to provide top quality care to their residents. A lack of funding in the care sector, coupled with wage rises is also creating rising financial pressure on businesses in the sector.

We have the finger on the financial pulse of your business and industry-wide matters, leaving you to concentrate on running your care home.

Future proofing

Funding and policy changes have impacted on care home occupancy levels, with more resources going into care in the community. This has created both challenging and interesting times for those in the business of caring for the elderly and the vulnerable, and it’s more important than ever that care homes are future proof.

We’re here for you

Our in-depth knowledge and understanding of the sector ensures that we are able to recognise and react to changes and help our clients strategise according to their needs.

We offer tailored services to help care homes thrive, not just survive, including:

  • Accounts preparation
  • Acquisitions and disposals
  • Cash flow management
  • Investments
  • Personal services
  • Statutory audit and review of operations efficiency
  • Tax planning

Contact us today with any questions about your care home, and our specialist team will be on hand to help.

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