Running a care home, domiciliary care service or healthcare staffing agency comes with its own financial pressures — staff rotas and payroll, CQC compliance costs, funding from local authorities, and tight margins that leave little room for error. At MGP Accountants, we’ve supported care sector clients across Wrexham and North Wales since 1982, and we understand the specific challenges the industry faces.
How we help care businesses
- Payroll and pensions — accurate, on-time payroll for care staff, including auto-enrolment pension administration.
- VAT guidance — care services carry particular VAT exemptions and partial exemption rules; we make sure you’re not overpaying or under-claiming.
- Cashflow forecasting — local authority and NHS funding can arrive late or in irregular instalments; we help you plan around it.
- Corporation tax and accounts — statutory accounts and tax-efficient planning for limited companies operating in the care sector.
- Business structure advice — support on the right structure for care businesses, including partnerships and group structures for multi-site operators.
Why choose MGP Accountants
We’re a small, established firm based in Gresford, Wrexham — not a call centre. You’ll have a direct line to your accountant, James Denton FCCA, and a team that gets to know your business rather than just your numbers.
Frequently asked questions
- Do care businesses pay VAT on their services?
Most welfare and care services are VAT-exempt, but many care providers also supply taxable goods or services (such as agency staff or facilities), which can trigger partial exemption rules. We review your income streams to confirm your VAT position and make sure you’re registered correctly if needed.
- How does local authority funding affect my accounts?
Local authority and NHS-funded care income is often paid in arrears or on a banded rate, which can create cashflow gaps. We build forecasts around your actual funding cycle so you can plan staffing and costs with confidence.
- Can you help with payroll for care staff on variable rotas?
Yes — we run payroll for care businesses with staff on zero-hours, variable-shift and sleep-in arrangements, including correct National Minimum Wage calculations for sleep-in shifts, which is a common area HMRC scrutinises in the sector.