Ep 241: Partnership or Limited Company?!

Ep 241: Partnership or Limited Company?!

In this episode of the Medics Money podcast, Dr. Cyra Mackintosh, a doctor and chartered accountant, discusses with Andy Pow, a medical specialist accountant, the differences between GP partnerships, limited companies, and LLPs. They delve into the pros and cons of each structure, including liability concerns, tax implications, and how they affect the financial operations of GP practices. The episode aims to provide up-and-coming GPs with fundamental knowledge to navigate the business aspects of GP practice effectively.
 

Want the latest financial tips for doctors and exclusive invites? Join 56,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/

Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com

Want to improve your finances fast? Then come on our course

https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/

GP partner looking to improve your practice/ Then come on our course

https://www.medicsmoney.co.uk/gp-partnership-programme/

Follow us on Instagram

Follow us on Twitter

 
00:00 Welcome to the Medics Money Podcast
00:50 Introduction to Andy Pow
01:57 Understanding GP Practice Structures
03:39 Pros and Cons of GP Partnerships
05:14 Limited Companies in the GP Space
07:03 Risks and Considerations for Limited Companies
11:07 Tax Implications of Limited Companies
22:57 Exploring Limited Liability Partnerships (LLPs)
27:16 Final Thoughts and Advice

Follow MedicsMoney on social

Listen on your favourite player

New to podcasts? No problem at all! Click here to find out more.

You may also like

sign up to our newsletter

Enter your email address below and never miss a beat:

Ep 241: Partnership or Limited Company?!

sign up to our newsletter

Enter your email address below and never miss a beat: