I am pleased to introduce you to the Autumn 2018 edition of AISMA Doctor Newsline, the newsletter for GPs and practice managers published by our membership organisation, the Association of Independent Specialist Medical Accountants. Please click here to access your read more >

Are spouses’ wages fully deductible?

HMRC have recently won a tax tribunal case where they were seeking to challenge the deduction for a wife’s wages in arriving at the profits of her husband’s business. The judge agreed with HMRC that the amount allowed as a read more >

Your shares are worthless? Things may not be as bad as you thought.

It’s a nightmare scenario. You’ve invested in a company and then discover that it has collapsed and that its shares have become worthless. Imagine, for example, owning a slice of Carillion – which went from being one of the UK’s read more >

The help on hand from your accountant

Your accountant can help you in a number of different ways, argues Paul Burton. Here, he lists five of the most important contributions they can make. What exactly is your accountant there for? Providing a sounding board for your business read more >

Whatever the size of your business, it’s time to think strategically

You’re running a small business and ‘strategy’ is just for the big players, right? Well, maybe it’s time to think again argues Chris Harland. It really doesn’t matter what size your business is. We all have short-term objectives and longer-term read more >

Buying in services? The right to audit can prove invaluable.

One of the trickiest issues for any business is to make sure that you’re getting value for money when buying in a service.  Of course, you hope that your tendering and negotiation process is up to scratch and that you’ve read more >


I am pleased to introduce you to a special issue of AISMA Doctor Newsline, giving a detailed analysis of the financial impact of the GP contract for 2018-19. This follows the Government’s announcement last month of its pay review for read more >

Your dream build needn’t be a financial nightmare

There are probably relatively few of us brave enough to construct a home from scratch. After all, it takes a real sense of vision, commitment and dedication. Perhaps a slightly larger group of us might consider converting an existing building. read more >

Keeping an eye on your business via the cloud

One of the great advantages of cloud accounting is that your professional adviser is there with you in real time, writes Emma Woods. While it’s true that the key driver for using cloud accounting systems has been the government’s Making read more >

A grand idea for would-be business people

Are you a budding entrepreneur who’s selling products over the web from your back bedroom? Or perhaps you’re renting out one of your rooms via Airbnb? From the start of the 2017/18 tax year, it’s been possible to claim annual read more >