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.

Seasonal allowances to toast your team

Writing in the November/December issue of Practice Management magazine, AISMA accountant Phil Harnby explains the tax rules for treating your team to a night out. Click here to download the full article

Accountants call for urgent reinstatement of local interface for NHS England support services

Accountants are calling for urgent consideration to be given to restoring local knowledge and contacts within primary care support services in England. A briefing submitted to GPC England by the Association of Independent Specialist Medical Accountants (AISMA), says that the centralisation of primary care support services, outsourced by NHS England to Capita, has led toContinue reading

Pulse feature: How GPs can limit tax charges on their pensions

Writing for the Pulse website, AISMA accountant James Gransby explains that the amount GPs are allowed to save into their pension each year before incurring a tax charge is being reduced. To find out how GPs can limit tax charges on their pensions click here to visit the Pulse website.

AISMA statement following announcement of new GP contract for Scotland

Commenting on the announcement by the BMA’s Scottish GP committee, Pauline Hogg, Scottish board member for the Association of Independent Specialist Medical Accountants, said: “The funding injection promised in the new contract should give GPs in Scotland a measure of financial stability for the next two years. There should be more winners in terms ofContinue reading

Higher inflation figure means increased tax bills for higher earning GPs

Yesterday’s announcement that inflation in the year ended September 2017 increased to 3% means higher earning GPs who are subject to annual allowance pension tax charges face increased tax bills in 2017/18. The September inflation rate is used by the NHS pension scheme to set the revaluation rate each year which is inflation plus 1.5%.Continue reading

Practice Management: October 2017

AISMA accountant Andrew Burwood has some ideas for practice managers on how to deal with the relentless squeeze on practice finances. Read his article in the latest issue of Practice Management magazine. Download the article here.

Practice Management: September 2017

In the second of a two-part guide to the practice accounts, AISMA accountant Hilary Lowe explains the different types of outgoings for GP practices and how to keep control of costs. Click here to download the full article

Practice Management: July/August 2017

In the first of a two-part guide, AISMA accountant Hilary Lowe explains how practice income is made up and how practice managers can ensure their practice receives the maximum amount. Click here to download the full article

Five tips for practices facing NHS property service charge hikes

Writing in Practice Business magazine, AISMA accountant Andrew Pow offers five top tips for practices being asked to sign new lease terms with increased costs and considers how to stave off hefty rate hikes. To read the article in full visit the Practice Business website.