Medical

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.

Our medical accounting team discusses the benefits and drawbacks of medical professionals joining or forming a partnership.

We summarise the key tax updates for medical professionals from the annual ICAEW Healthcare Conference.

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. 

Our medical accounting team discuss the key changes in the new 2024 Premises Costs Directions.

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.

NHS England wrote to all GP practices in England on 28 February, setting out the “final arrangements” for the upcoming financial year. Andrew Burwood, specialist medical partner at Larking Gowen, reviews the proposals and gives his thoughts on the offer.

Our Medical accounting team explains which types of expenses qualify for tax relief and how to claim a deduction against your employment income.