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Business
Trading structures for veterinary practices
  1. Andy Moore

    Andy Moore is a partner in the Moore Scarrott Partnership, based in Wellington, Somerset, providing specialist accounting, taxation and practice management advice to the veterinary profession.

2. Incorporation in depth

Abstract

IN the July/August issue of In Practice, Andy Moore discussed the various options for structuring the veterinary business. Here, in a second article, he provides a more in-depth look at the potential financial benefits of incorporation. He discusses what is involved in becoming a limited company, and addresses some common concerns such as how to handle the admission of new individuals to the practice, the retirement of senior partners from the practice, or indeed the sale of the whole practice.

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