Leading UK medical accountant, Rosemary Smith, has joined the Nuneaton office of Midlands accountancy firm Baldwins

Bringing with her more than 15 years experience in the medical services sector, Rosemary provides both strategic and practical advice to the local medical profession, including GP practices, consultants, dentists, pharmacies and locums. Her years of experience and in-depth understanding of the issues faced by those working in the sector means she is well placed to offer guidance on contracts, superannuation pensions, GP accounts packages and VAT.

As a renowned expert in her field, Rosemary is also a regular contributor to Pulse magazine, read by GPs and practice managers across the UK, and is a regular speaker at conferences and events.

“The way in which the medical profession operates has shifted considerably in recent years and doctors in particular have seen a huge amount of change – some welcome and some not so,” explains Rosemary. “GPs used to be reimbursed by the Government each time they met with a patient, but in 1994 they were given their own budgets instead. This meant that rather than just being tasked with looking after the health of the local community, they had to quickly become business owners, managing their own practices and all that goes with it. While some were and are naturally business savvy, many others understandably need help with the financial aspects of running their practices, which is where I can offer assistance.

“My primary aim is to help GPs manage their cash flows to ensure they remain viable businesses which are well equipped to continue doing what they set out to do – giving health advice to local people.”

John Edwards, Partner at Baldwins, says: “Rosemary’s reputation precedes her – her name speaks volumes in these circles. We’re delighted she’s decided to join Baldwins – her appointment comes at exactly the right time as the NHS sees yet more change in the form of commissioning, pension reforms and extended working hours payments. We’re certain Rosemary’s expertise in medical accountancy will help us broaden our work within this sector.”

Rosemary’s appointment strengthens the existing team, which has extensive experience in the healthcare, agricultural and professional services sectors. Baldwins represents a wide spectrum of business activity from sole traders to partnerships and limited companies operating in a wide range of sectors. The firm also acts for hundreds of private individuals, managing personal tax returns, tax liabilities, capital gains tax and loss relief claims.