In this broadcast, Laurence Slavin, a partner at Ramsay Brown Chartered Accountants, shares important updates and insights in the world of finance and health. He discusses topics such as basis period reform, overlap relief, personal tax inquiries, invoicing fraud, and tax deductibility of U.L.E.Z. fees, and the McCloud Remedy. Laurence also emphasizes the importance of …
How to Fix My NHS Pension
The NHS pension scheme is an essential aspect of financial security for healthcare professionals. It offers a reliable source of income during retirement, ensuring that those who have dedicated their careers to public health are well taken care of in retirement. However, it’s common for individuals to encounter issues or concerns with their NHS pension. …
Ramsay Brown LLP Reaches Accounting Excellence Awards Finals for The Second Year!
🎉 Exciting Announcement! We’re delighted to announce that Ramsay Brown LLP has made it to the final stage of the prestigious Accounting Excellence Awards for two years in a row! We have been recognised in not just one, but two categories: Client Service and the best Mid-Tier Firm of accountants. Building on our 2022 group …
Ramsay Brown LLP Reaches Accounting Excellence Awards Finals for The Second Year!Read More
Pensions and Allowance Charges: Navigating the Complexities for a Secure Future
Pensions play a crucial role in securing a comfortable retirement, making it essential to understand their intricacies. In addition to the benefits pensions offer, it is equally important to be aware of allowance charges and their potential impact on your retirement savings. Let’s delve into the world of pensions and shed light on how allowance …
Pensions and Allowance Charges: Navigating the Complexities for a Secure FutureRead More
GPonline Podcast: Interview with Laurence Slavin
Laurence Slavin, who specialises in the finances of GPs and practices, joins GPonline editor, Emma Bower, to discuss the impact rising inflation and the new GP contract have had on practices’ finances. During their discussion, Laurence sheds light on the impact of rising inflation on practices, the financial ramifications of the GP contract for the …
April 2023 Tax and Finance Update
We know it’s May, but in April we were preoccupied with the GP Declaration of Earnings. More on the GP Pay Declaration, Post Budget Pension Changes, 24hr Pension Changes, Katie Collin made Chair of the Chartered Accountants Healthcare Community, and more… For an example of our New Pensions Information Report click here and contact us at [email protected] to …
Featured In Accounting Web!
We are honored to be featured in Accounting Web. Read the full article here.
GP Pay Transparency Declaration for 2021-22
The recent changes to the NHS Contract requires GPs to declare their earnings for 2021/22 if their income is in excess of £156,000. The declaration must be completed by 30 April 2023. The guidance that has been issued by NHS England is flawed in our opinion. This opinion is shared by the BMA who used …
GP Pay Transparency – Update 20 April 2023
Update on the GP Pay Declaration for those Earning >£156k and our alternative calculation explained. We comment on the latest news on this issue and explain how we can help our clients with an alternative calculation that excludes the flaws and discriminatory terms in the NHS guidance. To see an example of the report click …
GP Pay Transparency Guidance – March 2023
GP Pay Declaration for those Earning >£156k – Wrong Timing, Wrong Policy and Wrong Guidance. We comment on the Policy, provide a critical analysis on the GP’s guidance to declare their earnings, and offer some suggestions to manage the obligation.