Simpkins Edwards LLP

Simpkins Edwards LLP Chartered Accountants, Tax Consultants and Business Advisers We have a breadth of agricultural experience from farm accounts to business planning.

As one of Devon’s leading accountancy firms, our ethos is simple: to provide the highest levels of professional advice with a personal approach that ensures you get what you need from us, whether you are a business or individual client. With offices in Exeter, Barnstaple, Bovey Tracey, Holsworthy, Honiton and Okehampton, we are committed to supporting a diverse client base around the region, refle

cting our breadth of expertise. Our accounting and advisory services cover the full spectrum – from tax planning to accounts preparation, audit to financial management, corporate finance to business development. Whatever your requirements, we endeavour to exceed expectations with a focused, friendly and cost-effective service. We are happy to discuss your requirements in person and offer new clients a free initial consultation.

The new GP contract brings changes that look like progress on paper but for many practices, the financial reality of 202...
18/06/2026

The new GP contract brings changes that look like progress on paper but for many practices, the financial reality of 2026/27 is more concerning 🩺

With expenses rising at 8–10% a year, funding falling well short of covering real cost increases, and cashflow from PCNs often unpredictable, practices need a clear picture of where they stand not at year end, but now.

Our latest article breaks down the cashflow challenge and what practices can do to stay ahead of it ⬇️

https://www.simpkinsedwards.co.uk/articles/the-new-gp-contract-navigating-the-cashflow-challenge

New GP contract brings funding shifts that risk serious cashflow pressures for practices and PCNs in 2026/27.

17/06/2026

Unfortunately, our phonelines are currently down to all offices. We are working to resolve the issue, and apologise for any inconvenience this may cause.

If you need to contact us urgently, you can email on [email protected] and the team will pick up your request.

We hope to be back up and running shortly, we'll keep you updated.

We're sponsoring Captain Beany's world record attempt here in North Devon. Captain Beany will be paddling a bath full of...
17/06/2026

We're sponsoring Captain Beany's world record attempt here in North Devon.

Captain Beany will be paddling a bath full of baked beans nine miles along the River Taw and River Torridge from Barnstaple Bridge to Bideford Bridge, all in aid of Children's Holiday Foundation North Devon, which provides life-changing holidays for children with critical and life-limiting illnesses.

We love supporting events that bring our community together!

🌾 Farming partnerships run on trust, family ties and a love of the land but even the strongest ones need the right legal...
16/06/2026

🌾 Farming partnerships run on trust, family ties and a love of the land but even the strongest ones need the right legal and financial foundations.

We've teamed up with Trowers & Hamlins to bring you ten practical tips covering everything from partnership agreements and property ownership to VAT, farmer averaging and the new pick-up tax rules.

Whether you're reviewing an existing arrangement or starting from scratch, there's something here for every farming partnership

https://www.simpkinsedwards.co.uk/articles/ten-tips-for-farming-partnerships-legal-tax-and-accounting-essentials

Farming partnerships are rarely purely commercial - they are rooted in trust, family ties and a devotion to the land.

We were delighted to sponsor the South Tetcott and Eggesford Point to Points last month - a fantastic couple of days wit...
15/06/2026

We were delighted to sponsor the South Tetcott and Eggesford Point to Points last month - a fantastic couple of days with some brilliant racing and great company! πŸ‡

We recently caught up with Karen Creffield, Managing Partner at Frome Medical Practice - a truly inspiring client who is...
12/06/2026

We recently caught up with Karen Creffield, Managing Partner at Frome Medical Practice - a truly inspiring client who is putting sustainability at the heart of primary care in Somerset.

From reducing medication waste to staff wellbeing gardens and a local food policy, Frome's 'Planet, People & Pocket' approach is proving that doing the right thing and good financial sense go hand in hand.

Read the full case study via the link below ⬇️

https://www.simpkinsedwards.co.uk/case-studies/frome-medical-practice

How Frome Medical Practice is embedding sustainability into every aspect of primary care, from prescribing to culture.

Several of our team took to the Tarka Trail for the Barnstaple 10km in aid of Care for Kids North Devon on Sunday. Perso...
10/06/2026

Several of our team took to the Tarka Trail for the Barnstaple 10km in aid of Care for Kids North Devon on Sunday. Personal bests for Rebecca, Cory and Plamena, with Rebecca also finishing as 3rd female overall! As a team, we came in 7th place πŸ† brilliant effort all round!

As always, it's a privilege to show up for the local community and sponsor the brilliant work that Care for Kids North Devon do.

Congratulations to everyone who took part πŸ‘

The team have kicked off the Funder Games in aid of the incredible Hospiscare over the last couple of weeks – taking a r...
09/06/2026

The team have kicked off the Funder Games in aid of the incredible Hospiscare over the last couple of weeks – taking a respectable 4th place in Dodgeball, and the top spot in Table Tennis! πŸ₯‡

Team spirit is running high and there's plenty more to come in the weeks ahead!

Thank you to everyone behind the scenes making these events happen πŸ‘

Thinking of selling or gifting an agricultural asset? Don't get caught out by Capital Gains Tax (CGT)!CGT applies to mos...
02/06/2026

Thinking of selling or gifting an agricultural asset? Don't get caught out by Capital Gains Tax (CGT)!

CGT applies to most sales, gifts and transfers you'll make in your lifetime, and the rules are more complex than many people realise.

Read this handy guide on the basics of CGT from our agricultural team on our website ⬇️

https://www.simpkinsedwards.co.uk/articles/basics-of-capital-gains-tax

CGT applies to most asset disposals, with reliefs available but the technical detail can be a costly if overlooked.

Address

The Summit, Pynes Hill
Exeter
EX25WS

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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