Medical

In this guide, Jamie Butcher (Manager in our medical accounting team) outlines practical, HMRC-compliant strategies to help you reduce your tax bill and keep more of your income.

If you are taxed through PAYE and do not complete a self-assessment tax return, a P87 form is a simple way to claim relief on work-related expenses.

Your tax code is HMRC’s instruction to your employer/pension provider about how much tax-free pay you should get and whether any special rules apply. You’ll usually find it on your payslip, P60, HMRC letters/emails, or in your Personal Tax Account.

A simple guide to taking early retirement from the NHS Pension Scheme and how actuarial reductions work. Manager, Jamie Butcher, outlines eligibility, reductions and key rules to help you plan ahead.

A practical guide from Assistant Manager, Jo Benton, for community pharmacy owners on using key performance indicators (KPIs) to monitor financial performance, optimise revenue streams, and stay in control amid ongoing NHS funding uncertainty.

Manager in our medical accounting team, Jamie Butcher, discusses the options you can take if you're considering retiring from the NHS. It's important you understand all of your options before making the decision.

If you accessed your pension before April 2024 without taking the full tax-free lump sum, a Transitional Tax-Free Amount Certificate (TTFAC) could allow you to access more tax-free cash. Director, Jan McLean, explains how the new rules work and what to consider before making further pension decisions.

Making Tax Digital for Income Tax is approaching, and medical professionals need to be prepared. This blog outlines MTD-compliant software options and what to consider when choosing the right solution for your needs.

Legally, the partners are the partnership and, unless the partnership is set up as an LLP, the partners are jointly and severally liable.

NHS Pension members who opted out between 2015 and 2022 may now be able to reinstate their benefits under the McCloud Remedy. Director, Jan McLean, outlines what you can do, the costs involved, and the key tax considerations to review before making a decision.

Making Tax Digital for Income Tax will change how many medical professionals report their income. Manager, Jamie Butcher, explains who needs to comply, what the rules mean for GP locums and partnerships, and the steps you can take now to prepare.

Senior Manager, George Crowe, explains why accurate bookkeeping and financial record-keeping are essential for any business. It covers cash flow, credit control, compliance, growth, and how modern software can save time and reduce errors.