Letter to the Treasury: Pensions Savings Annual Allowance and retention of key NHS employees
October 12, 2016
Letter to Jane Ellison MP, Financial Secretary to the Treasury, on behalf of AISMA and its members highlighting the significant issues surrounding the recruitment and retention of senior health professionals within the NHS, which are being driven in part by the changes to the taxation of pension savings introduced in the 2015 Summer Budget.
Read the full letter here
Practice Management: Pension auto-enrolment update
September 12, 2016
All eligible UK employees now need to be included in a workplace pension. AISMA accountant Rebecca Gascoyne-Richards provides an update on how the new rules affect GP practices. Click here to download the full article
Practice Management: Funding for practice premises
August 8, 2016
With increasing pressure on primary care, many GP practices are finding that their current premises are too small or simply not fit for purpose. AISMA accountant Andrew Pow outlines premises funding issues for practices in the July/August issue of Practice Management magazine. Click here to download the full article
Financial benchmarking: how it can help your practice
August 4, 2016
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 used to plan ahead. AISMA accountant Elizabeth Lloyd explains how financial benchmarking can help your practice. Visit the Practice Index blog to read the full article.
Pulse: AISMA chairman comments on primary care underspend
June 28, 2016
Bob Senior, AISMA Chairman and head of medical services at RSM UK Tax and Accounting, is quoted in a Pulse article reporting an apparent £163m underspend of the primary care budget by NHS England. Read the full article.
AISMA appoints two new committee members
June 20, 2016
The Association of Independent Specialist Medical Accountants (AISMA), the national network of accountancy firms specialising in the healthcare sector, has appointed James Gransby and Andrew Pow as members of its executive committee.
Gransby is a partner at the Maidstone office of MHA MacIntyre Hudson where he has a growing portfolio of healthcare sector clients, including GP practices, locum doctors and hospital consultants.
Pow is a partner at Manchester firm Hall Liddy. His specialist areas include appraising the performance of GP practices, changes in GP structures and the NHS pension scheme. He has a particular interest in maintaining rural GP services.
Bob Senior, AISMA Chairman and head of healthcare at RSM UK, said: “James and Andrew bring considerable knowledge and expertise to the AISMA committee and their contribution to the work of the Association will be highly valued. These are challenging times for the healthcare sector and GP practices in particular. AISMA accountants will play an essential role in advising their medical clients as they get to grips with new contractual structures and collaborative working practices.”
Practice Management – June 2016
June 15, 2016
In this article focusing on fraud prevention, AISMA accountant Keith Taylor explains how shared accountability and control can help to protect your practice. Click here to download the full article
Practice Management: May 2016
May 18, 2016
Pulse: May practice diary
May 6, 2016
A recent story of a failed federation that led to GPs losing thousands of pounds highlights the need for GPs to understand their financial obligations and exposures when federating. AISMA chair Bob Senior advises GPs to consider their financial exposure before joining a federation. Visit the Pulse website to read the full article.
Practice Management: How to recruit your successor
March 22, 2016