Bottomline
Spring 2012
It's 8:00pm on Wednesday 22nd February, 2012
How can I manage my Drawings Tax Efficiently?
In the current economic climate everyone is looking closely at their own finances, from income to expenditure on utility bills etc. But for GPs, how many look at their pattern of drawings and how this can be used to minimise income tax? With income tax at 40% for higher rate taxpayers and 50% for those with taxable income above £150,000 even relatively simple steps can provide significant savings.
Posted by
Gareth Rose
in
Advice for Healthcare businesses
On February 10 2012
Close monitoring of costs will be needed to protect margins
We are going to continue to see widespread pay freezes across the NHS in 2012 and the impact of that is going to be tighter budgets. NHS funding is going to remain harder to come by and the costs of being in a NHS pension scheme are also going to increase. In order to move [...]
Posted by
Debbie Wood
in
Advice for Healthcare businesses
On December 22 2011
The changing landscape of the NHS (video)
Deborah Wood, a partner at Moore and Smalley, and Dave Mackie, director of Palm Insurance discuss the evolving world of the NHS and its implications to the healthcare sector.
Posted by
Debbie Wood
in
Advice for Healthcare businesses, Moore and Smalley TV
On October 30 2011
Dispensing doctors see income decline
Dispensing practices in England and Wales believe they have been underpaid in 2010/11. It is because of prescribing efficiency during 2010-11 that dispensing doctors now find themselves £8.6 million out of pocket, thanks to a fee scale envelope underpayment. The dispensing fee can go up as well as down. If too many items are issued, [...]
Posted by
Susan Charnock
in
Advice for Healthcare businesses
On October 19 2011
Tax and superannuation issues for GPs and medical practices
Nick Stevenson and David Walker from the Moore and Smalley healthcare team discuss the tax and superannuation issues GPs and medical practices are facing.
Posted by
Nick Stevenson
in
Advice for Healthcare businesses, Moore and Smalley TV
On June 27 2011
How Budget 2011 affects GP practices
Moore and Smalley’s Debbie Wood discuss how the budget impacts GP practices.
Posted by
Debbie Wood
in
Advice for Businesses, Advice for Healthcare businesses, Moore and Smalley TV, The Budget
On April 11 2011
Radical healthcare reforms will put pressure on GPs’ financial management skills
The government’s sweeping changes to the health service will place even greater emphasis on GPs’ financial management abilities. Under new proposals some £80bn of NHS funding will be given to GPs to buy care for patients in their area, which ministers insist will cut management costs by almost half. Primary care trusts and strategic health [...]
Posted by
Nick Stevenson
in
Advice for Businesses, Advice for Healthcare businesses, Moore and Smalley comment
On August 5 2010
VAT partial exemption check and fee protection scheme
New VAT powers and penalty rules make the annual “partial exemption” calculation even more important this year because any “careless” errors will carry a minimum 15 per cent fine if not disclosed beforehand to HM Revenue and Customs (HMRC). For the VAT return year ended 31/3, 30/4, or 31/5 dispensing practices need to ensure they [...]
Posted by
Stephen Adams
in
Advice for Businesses, Advice for Healthcare businesses, Tax
On July 13 2010
