AISMA Doctors Newsline Winter 19/20
I am pleased to introduce you to the Winter 2019/20 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 view.
This issue opens with 20 top tips to get the new year off to a good start from practice management expert Fiona Dalziel.
AISMA board member Luke Bennett throws down the gauntlet to legislators in this issue’s Opinion column. VAT legislation, he writes, is no longer fit for purpose for primary care, witness the current problems PCNs are having with re-charges.
AISMA accountant Holly Gibson explains how practices can help their salaried GPs keep track of their pension records and expenses claims, as well as suggesting a few morale-boosting options.
Abi Newbury, AISMA’s Agony Accountant, answers questions on how superannuation is presented in the practice accounts, why it’s important for the partners to get their personal expenses into the practice accountant in good time, and the much debated topic of profit allocation between the partners.
Specialist medical solicitor David Naughten has some advice for practices on how to prepare for the legal process involved in re-financing in a GP partnership. And finally, AISMA accountant David Lockitt explains how Capital Gains Tax changes will affect tax paid on residential property.
I hope you find this edition of AISMA Doctor Newsline a helpful and practical source of information. If you would like to discuss any of the issues highlighted in the newsletter we would be pleased to talk to you.