MediBites Summer 2023

This edition of our newsletter for medical professionals gives a round-up of our latest insights focusing on medical sector news, with a special feature on basis period reform. From April 2024, the way in which partnerships and self-employed individuals are taxed under self-assessment is changing.

It will affect those who currently have an accounting year-end that doesn’t align with the tax year of 5 April or 31 March. We discuss what's changing and what this will mean for your tax bill.

Other insights include:

The McCloud remedy

Changes to annual and lifetime allowance

Accounts preparation

Taxation of associate dentists

Latest AISMA news

Approaching accounting deadlines

Our latest webinars on the NHS pension scheme