Risk & Compliance
RSM UK
Full Credential Description
The NHS is currently facing significant challenges, including financial accountability, performance scrutiny, and severe funding pressures from the government. In response to these issues, RSM has positioned itself as a leading provider of accounting and advisory services tailored specifically for the NHS and public health sector. With a dedicated team of legal experts experienced in medical accounting, RSM works with over 100 NHS clients across the UK, providing customized solutions to meet the unique needs of each client. One of the critical areas of focus is the formation of Primary Care Network (PCN) companies, which can offer substantial benefits. These benefits include the establishment of a VAT cost-sharing group to avoid breaching VAT thresholds, creating a single entity for consistent employment terms, and accessing lower corporate tax rates. RSM assists clients in navigating the complexities of forming a PCN company by providing tailored assessments, facilitating discussions among member practices, and conducting workshops with specialist solicitors. If a client decides to proceed, RSM handles the entire process, including company formation, VAT group establishment, and c