Displaying 1-10 of 29 results
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Cash flows – what you need to know
- Article
- 25 Jun 2024
Sally Sidaway and Lisa Pennington discuss how you can help GPs master their practice’s cash flows.
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The impact of the contract uplift and staff salaries
- Article
- 30 May 2024
The core contract funding increased from 1 April 2024 by 2.7% to £107.57 per weighted patient (or £102.46 per weighted patient after deducting the out of hours opt out). For a practice with a weighted list size of 10,000 patients, the additional funding amounts to approximately £27,000 per annum.
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Reduction in gross profit margin
- Article
- 21 May 2024
Over the past 12 months several pharmacies have seen a reduction in underlying gross profit margin. This has been caused by several factors, including purchase price inflation, reimbursement prices not keeping up with inflation and a reduction in controls around purchasing.
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Healthcare conference 2024 – thank you!
- Article
- 21 May 2024
ICAEW’s annual Healthcare Conference returned this year with a number of sessions which covered a wide range of practical and technical issues.
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Tax Basis Period Reform: How will this affect your clients’ practice and tax affairs?
- Article
- 29 Jan 2024
HMRC has been consulting on a proposed reform to the current basis period method for taxation, which applies to unincorporated businesses and LLPs. They have drafted legislation and consulted on the proposed amendments. At the time of writing, it is expected that the reforms will be fully effective from the 2024/25 tax year, with 2023/24 being a transition year. These changes will affect all sole traders, unincorporated partnerships and LLPs who currently do not prepare their annual accounts to a reference date ending between 31 March and 5 April.
Exclusive
Associate dentist tax status changes
- Article
- 03 Jul 2023
What the changes mean for dentists and a guide to using the CEST Tool.
Exclusive
Disclosure of GP earnings – how enforceable is it?
- Article
- 28 Jun 2023
The law that says GPs have to declare their earnings above a certain threshold has now been brought into force. But how enforceable is it really? I wonder how many GPs will choose to comply.
Exclusive
GP Practice cashflow and sustainability
- Article
- 14 Jun 2023
How GP Practice accountants need to be advising their clients, now that costs are increasing and profits are reduced.
Exclusive
Tax Basis Period Reform: How will this affect your clients’ practice and tax affairs?
- Article
- 31 May 2023
HMRC has been consulting on a proposed reform to the current basis period method for taxation, which applies to unincorporated businesses and LLPs. They have drafted legislation and consulted on the proposed amendments. At the time of writing, it is expected that the reforms will be fully effective from the 2024/25 tax year, with 2023/24 being a transition year. These changes will affect all sole traders, unincorporated partnerships and LLPs who currently do not prepare their annual accounts to a reference date ending between 31 March and 5 April.
Basis period reform: How to deal with estimated figures
- Article
- 03 Mar 2023
The fiscal year basis of taxation, applying from 2024/25, could mean unincorporated businesses that are unable to have an accounting date that matches the tax year will have to use estimated figures in their tax returns. How will this work and what are the penalty implications?
Displaying 1-10 of 29 results