The Autumn Budget unveiled some key changes to tax policy as the Chancellor looks to raise £40bn of additional funding. In this article, we look at how these changes will affect the care home sector. Staff costs From April 2025, the care home sector among many...
This article serves as an introduction to the fundamentals of cash flow management. If you need any support regarding your cash flow management or anything else, then please do get in touch. What is cash flow? Cash flow or cash flows is typically defined as the...
For veterinary practice, recruitment and retention have long been persistent hurdles. Fostering positive workplace environments is pivotal not only in attracting fresh talent but also in enticing skilled professionals back into the profession. To confront this issue...
HMRC have announced that from April 2026, the reporting and payment of income tax and Class 1A National Insurance Contributions (NIC) on benefits in kind will be required to be made through payroll software. This is a significant development and will affect all...
The government announced that GP’s and all other practice staff will receive a 6% pay rise as recommended by the independent pay review body. The pay rise aims to address the recruitment and retention issues in the NHS. Recently, the NHS has struggled with recruitment...
On 1st June new environmental rule changes were implemented by The Royal College of Veterinary Surgeons (RCVS). The new PSS Environment Sustainability Standards were approved by the RCVS last summer (2022) as concerns were raised regarding the impact on the...
A recent study called ‘Bailed out and Burned out’ has examined the financial impact of the pandemic on care homes and their staff. The study found that the Covid government funding ended to early with care homes and staff struggling with the aftermath of the pandemic....
Overview A survey from the pharmacy negotiator’s annual pressures survey has found that only 7% of pharmacy owners said their business was profitable, with 44% said their business is losing money and 78% are extremely concerned about their business finances. This...
GPs and practices are likely to face higher tax bills in 2023/24 In the 2023/24 tax year, HMRC is reforming how they calculate taxes from profits that will affect businesses and self-employed individuals from April 2024. This reform will change the time period of when...
Hawsons are pleased to announce the completion on the sale of Church View Care Home in Stanwell, Middlesex for a long-standing client. The purpose-built care home, developed by the vendor, provides nursing care for up to 78 residents. The transaction, led by Hawsons...
The voluntary ‘scheme pays’ deadline for GPs to claim the NHS pension scheme support with their pension taxes has been extended until March 2023. The original deadline to claim for the 2020/21 tax year was 31 July 2022. Under the current NHS pension scheme, the...
New data has found that only 34% of adults across the UK accessed NHS dental care within a two-year period. The percentage of children seen within the same period was 44.8% (31st March 2020 – 31st March 2022). In the last full year before the pandemic started, 49.6%...