AISMA accountants currently advise in the order of 12,000 GPs in 3,000 practices, as well as salaried GPs, locums, specialists and consultants.
To qualify as an AISMA accountant, members must meet demanding requirements set by the Association. These include regular peer reviews to ensure standards continue to be upheld. As a result, AISMA accountants are amongst the best advisers on the accounting, finance, taxation, practice management and pension issues affecting doctors today.
For doctors seeking to grasp the opportunities arising from the new era of healthcare commissioning, AISMA accountants provide expert advice on funding, financial modelling, contract documentation and negotiations with the PCT.
By pooling statistical data from medical practices across the UK and continually sharing and exchanging expertise and knowledge, AISMA accountants have unrivalled financial intelligence on what makes the most profitable, well-managed medical practice.
AISMA accountants are attuned to the constant changes faced by the medical profession and are a reliable source of information and advice on the impact of government legislation and policy decisions made locally by primary care and acute trusts.More about AISMA
The new pension lifetime allowance of £1.25m will mean that generally, any GP retiring from the 1995 section of the NHS pension scheme with a pension of over £54,347 will have to pay a lifetime allowance (LTA) tax charge. AISMA accountant Faye Armstrong weighs up the pros and cons for GPs thinking of working fewer hours to reduce the risk of incurring the LTA pension tax charge. Go to the Pulse website to find out more.Read More
11 April, 2014
With a 40% reduction in QOF points, an 11% rise in the value of the global sum and the MPIG being phased out over the next seven years and distributed among all practices, GPs will find major changes to their cash-flow throughout the year. AISMA accountant Melanie Thomas gives her advice on how seven different types of GP practice can navigate major changes in practice funding this year. Read more on the Pulse websiteRead More