There are several significant changes to how small businesses and partnerships can prepare their accounts. We discuss the benefits of cash accounting as well as the unique needs of medical practices.
Pensioning income as a locum with NHS Pensions is more complex compared to permanent employees. We explain the steps locums can take to pension their income with NHS Pensions.
George Crowe, Senior Manager and specialist medical accountant, looks at the new pay scales for NHS consultants. He highlights how an increase in pay could come with some unwanted tax burdens and how to make the most of personal allowances.
Medical specialist, Jo Benton, explains GP seniority payments and the actions practices need to take to make sure calculations have been made correctly.
Louise highlights a number of things that medical practices can do to make sure that the annual accounts preparation runs smoothly and to reduce the number of queries the accountant may ask.
Our Medical accounting team reminds GP practices of what they need to do to complete their annual Estimate of NHS Pensionable Profits form and how to make sure the information submitted is accurate.
