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...
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...
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...
Boris’ plan for the NHS After winning the general election last month Conservative leader Boris Johnson has confirmed that the NHS would be a top priority for the government. The Conservative manifesto stated that the NHS budget will increase by £33.9 billion by...
Hawsons Chartered Accountants turned 165 years old in 2019 Hawsons Chartered Accountants was founded in the city of Sheffield in 1854 – more than 25 years before the creation of the Institute of Chartered Accountants in England and Wales – by Alfred Allott and John...
Tax implications of the Election Result The general election has ended and the Conservatives have secured a large majority winning 365 seats. What does this mean for tax? How will the election result affect you or your business? Tax expert Craig Walker provides a...
Nursing shortages begin as baby boomer population begin to retire As the baby boomer population begin to retire, hospitals are struggling to recruit and retain nurses. According to a new survey the contributing factors are due to burnouts and violence in the...
The NHS have taken action to avoid winter treatment delays by deciding to cover all senior doctors tax bills. Senior doctors and consultants are refusing to work overtime as they are worried it could prompt a large pension tax charge. The reason for this is because if...
Brexit: tax implications as the UK votes to leave the EU From the argument over selling bendy bananas to the threat of an emergency Budget, the EU referendum campaign has undoubtedly had its share of the headlines over the past couple of months. The biggest headline...
General Practice Forward View - an accountant's perspective The much anticipated "rescue package" for general practice has now been published and sets out plans to tackle historic underfunding, the recruitment crisis, red tape and unnecessary GP workloads, in a...
As you are probably already aware (and may have already started doing so), following changes that were announced in the 2015/16 GP contract last year, GP practices will now have to publish the average earnings of all full-time, part-time and locum GPs as part of the...
Pharmacy global sum funding 2016/17 set to fall considerably The government has announced plans to reduce the amount of funding for community pharmacies for 2016/17. In an open letter last month the Department of Health (DH) told the Pharmaceutical Services...