Is your accountant doing the best possible job for your practice? Here’s a checklist of things that they should be doing for you as standard: Primary care insight: Commentary on new developments that will affect your practice Is your accountant on top of the NHS Long Term Plan and the five-year GP contract? They should…
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Practices fight back
February 9, 2017, by Practice Index in Government, GPs, Salary
A number of practices are fighting back against rules imposed to make them publish details of their GP earnings. In April 2015, it became a contractual requirement for practices to publish on their practice website by the end of the financial year (i.e. 31 March 2016) the mean earnings for all GPs in their practice…
Financial benchmarking: how it can help your practice
August 4, 2016, by Practice Index in Benchmarking, Finance
By Elizabeth Lloyd How do you know if your practice is as profitable as the next one? Could you and your team improve performance? While your practice accounts will help your GP partners assess their investments in the practice, together with their taxable and pensionable profits, it’s increasingly important for this financial data to be…
How to appoint a practice accountant
January 12, 2016, by Practice Index in Finance, Money
By Sue Beaton Challenging times call for expert advice and having a reliable accountant who understands the roller-coaster world of general practice should reap rewards in the long term. Here are some tips on appointing a new accountant for your practice. Identify your reasons for change First ask yourself why you wish to change accountants. There…
February 21, 2019, by Guest Blogger in Accounting, AISMA
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