AISMA In the News

AISMA members regularly write in the specialist GP and practice management publications, offering expert advice to doctors on the key issues of the day.

AISMA responds to Dr Chaand Nagpaul’s speech at the 2017 LMC conference

James Gransby, executive board member of the Association of Independent Specialist Medical Accountants, said: “Traditional GP practices are under threat from ‘last man standing’ syndrome because older partners are retiring and younger doctors are unwilling to take on the financial burden of partnership.” He continued: “To survive practices will need to adapt to working atContinue reading

Record number of delegates attend AISMA conference

A record number of delegates attended the 22nd annual conference of the Association of Independent Specialist Medical Accountants (AISMA) last week. 210 accountants gathered in Daventry to hear an authoritative panel of speakers share opinions and expert knowledge about the current state of UK primary care. Keynote speaker Dr Arvind Madan, Director of Primary Care, NHSContinue reading

GPs report QOF achievement payment problems

NHS England is investigating concerns raised by GPs about recent QOF calculations and aspiration payments. On Friday last week the CQRS Project team at NHS England wrote to GP practices in England telling them that it has identified discrepancies with some prevalence calculations which could impact on some practices’ achievement and as a result onContinue reading

Practice Management: Calculating partner drawings

Practice managers must balance the earnings expectations of their GP partners with the money available in the practice bank account. AISMA accountant Chris Howe offers tips on how to manage this sometimes tricky dilemma. Click here to download and read the full article.

Pulse: analysis of the impact of new IR35 legislation

There’s more work ahead for practices hiring locums as new rules mean locum GPs operating through a limited company may face an extra tax charge. AISMA accountant James Gransby analyses the impact of new IR35 legislation which comes into effect in April 2017. Visit the Pulse website to read the article in full.

Practice Management: how to manage next year’s tax bills

AISMA accountant Luke Bennett explains why practice managers need to take action now to plan for bigger tax bills for some of their GP partners in January 2018 when the impact of changes to the pension annual allowance will be felt for the first time. Read the article in the March issue of Practice ManagementContinue reading

AISMA response to Spring Budget

‎James Gransby, a member of the AISMA Executive Board and head of healthcare at MHA MacIntyre Hudson, said: “For GPs partners already under financial pressure from high rates of tax and suffering from attacks on their pensions in recent years, the news that their main rate of class 4 national insurance contributions will rise byContinue reading

Pulse: GPs could have to pay locum tax and NIC under new legislation

GP practices could be caught up in new tax legislation aimed at stopping contractors using companies to pay lower tax and national insurance contributions, medical accountants have warned. Read AISMA chairman Bob Senior comments on the Pulse website. Click here to read the full article.

Capita’s electronic pension certificate submission system ‘full up’

Accountants are currently receiving a ‘mailbox full’ message when they attempt to submit pension certificates via the online system provided by primary care support provider Capita. The deadline set by Capita for the receipt of certificates is Tuesday 28 February. This is to ensure certificates are processed by the end of the tax year onContinue reading

Pulse: more from AISMA accountants on 2017/18 contract

The national shortage of GPs will lead to flatlining take-home pay for many GP partners from April, accountants have warned. In a Pulse article headlined ‘GP partners will struggle to increase take-home pay by 1%, predict accountants‘ several AISMA members offer their views on why a pay increase for GP partners as a result of the 2017/18 GP contractContinue reading