The ageing population means that there is an increased need for the provision of retirement homes throughout the country. The most recent funding and policy changes have, however, impacted on occupancy levels, with more resources going into care in the community. This presents both challenging and interesting times for those in the business of caring for the elderly and the vulnerable.

Our specialist teams have been advising businesses in this sector for over 30 years and we understand the financial challenges the sector is facing, for example:

Business Planning

In view of the current challenges our team spend a lot of time assisting clients with their cash flow and looking at ways to minimise costs. We work with an independent cost reduction consultant, Mark Brown of Business Savings Experts, who can carry out an expenditure audit on key running costs. It is very often the case that savings are identified by these audits, ultimately leading to increased profits.

Tax Relief and Capital Allowances

Opportunities to claim tax relief in the form of capital allowances are sometimes overlooked when acquiring or building a new nursing home or adding an extension to an existing home. Meticulous tax planning will ensure maximum revenues and profitability.

Buying or Selling a Care Home

If you are looking to buy this can be a daunting prospect, without the necessary professional support available. Getting the best financing deal and evaluating the KPIs of the target business to ensure financial viability are key to a successful purchase. Our team are able to focus on the key areas of financial due diligence as well as provide valuable input from our contacts with specialist lenders for financing the deal and legal experts in drafting sale and purchase agreements.

Staffing and payroll

The sector has felt a substantial impact from the increases in National Minimum Wage and the move to the National Living Wage will present further challenges to a sector that is feeling the squeeze at both ends. Coupled with the complexities of operating an often fluid payroll and keeping track of Auto enrolment requirements has meant many of our clients have outsourced their payroll function to our in-house payroll team. By outsourcing to our team, you can reduce overheads and have peace of mind that your business is up to date and compliant with all the latest legislative requirements.
Our in-house HR team are also able to assist with any people management and employment law issues that may arise within your business. Our HR team’s approach is to work in partnership with you to minimise human resource costs and maximise employee satisfaction, retention and productivity.


Understanding the types of tax applicable to you and your business is of key importance for ensuring tax efficiency and eliminating risks of unexpected costs. This includes corporation tax, VAT, capital gains tax, National Insurance, PAYE and income tax. Sound advice on remuneration planning and succession planning are particularly key to a care home business which is where Duncan & Toplis tax services can help.

Our services to you

Whether you are venturing into this sector with the acquisition of your first care home, looking to expand your portfolio, or expanding into the domiciliary care market, our dedicated team are available at every stage of the process to ensure that your business is taken care of.

For more information, please email

Profile photo Paul McCooey

Key contact

Paul McCooey

t. 01754 899899