Katie Collin explains the significant impact of basis period reform for non-March year-end partnerships, the impact on their tax and how to manage this significant change in reporting to HMRC.
NEWS AND RESOURCES
The NHS’s ever-changing financial landscape can be hard to keep up with which is why we share regular updates for GPS, Primary Trusts, and Practice Owners. See our latest posts here:
Finance and Tax Update May 2022
Annual Allowance Horror, Our Pension Report, Basis Period Reform, Fraud, Practice Manager Partner, and more!
Tax and Finance Update April 2022
Updated Regulations for GP earnings, Spouses and Ltd Companies, Claiming Expenses for Employed Clinicians and Staff, Making Tax Digital is coming, and more!
An Exciting New Bespoke Pensions Information Report Service from Ramsay Brown!
Our new report will:– explain your likely pension benefits– explain your options for maximising the lump sum– consider the impact of taking your pension early– calculate the effect of any annual allowance and lifetime allowance charges,– show the impact of the McCloud Judgementand will help identify any errors in your pension record (PCSE have identified …
An Exciting New Bespoke Pensions Information Report Service from Ramsay Brown!Read More
New Pensions Review Service, Time to Act for Basis Period Reform, How NIC Changes Can Help You, Xero Recognition and More
This broadcast covers a new exciting pensions review report we are offering, plan now for basis period reform, how the Spring Statement can help you, Xero recognition and more!
Estimate of Pensionable Profits 2022/23
In this broadcast, Senior Accounts Manager Fiona Nubi, reviews the requirement of all GP Practices to submit Estimate of Pensionable Profits 2022/23.
Year End Tax Planning
In this broadcast, Russell Finn will discuss some basic year end tax planning.
Response To Proposal To Reform General Practice – A Personal View
In this broadcast we discuss the latest report by the Policy Exchange.
Response To Proposal To Reform General Practice – A Personal ViewRead More
General Practice Contract Arrangements in 2022/23
In this broadcast, we briefly discuss the details of the General Practice Contract Arrangements for 2022/23.
Electric Cars, 24hr Retirement, Jointly owned Property, Unqualified Accountants (!), Business Training for new GP Partners, Xero Tips and more
For our guide on using limited companies, click hereFor our list of training courses, click here