AISMA – WINTER DOCTOR NEWSLINE
Please click here for the Winter 2016/17 edition of AISMA Doctor Newsline, the newsletter for GPs and practice managers published by our membership organisation, the Association of Independent Specialist Medical Accountants.
AISMA accountant James Gransby opens this issue with a guide to ‘Making Tax Digital’, the new digital tax system expected to be introduced for GP practices by HMRC in April 2018. With quarterly reporting on the cards, this major initiative means that planning ahead will be essential if you don’t want to be taken by surprise.
Planning is also the theme from regular columnist Fiona Dalziel who offers her tips on how to define a strategy and plan for your practice that will help you and your team navigate the stormy weather ahead.
In this issue’s ‘Opinion’ column, AISMA committee member Seamus Dawson explains how pension and tax rises for GPs in 2017 will impact not only on their personal finances but also on the finances and profits for the practice as a whole. And with GPs needing to make their money work harder than ever before, don’t miss Faye Armstrong’s essential five top tax tips for the next 12 months.
Finally, solicitor Alison Oliver gives an update on the Multispecialty Community Provider (MCP) model and highlights legal areas to consider.
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.