Accountancy on Prescription

In this week’s episode, Jenny Stone and Katie Singer provide an update on their previously recorded podcast on the latest information on the DDRB recommended pay increase. They discuss the true impact now official numbers have been released. Please see the link below as discussed in the show: Illustration on update to DDRB recommendation on pay increases RBP are one of the leading medical speciali...

In this week’s episode, Jenny Stone and Katie Singer discuss the recent announcement that the DDRB have recommended a pay increase for both Salaried Doctors and GP Partners. They discuss what we know so far and what practices might be expecting as uplifts in the coming months. Please see links below as discussed in the show: DDRB Announcement - Copy of the Letter to the Profession DDRP Uplift - Re...

In this week’s episode, Jenny Stone and Katie Singer discuss the recent announcement that the DDRB have recommended a pay increase for both Salaried Doctors and GP Partners. They discuss what we know so far and what practices might be expecting as uplifts in the coming months. Please see links below as discussed in the show: DDRB Announcement - Copy of the Letter to the Profession DDRP Uplift - Re...

This podcast is an extract from episode 13. Katie Singer and Graham Crossley (an NHS Pensions specialist and director of MediFintech) share the latest update with the McCloud Remedy. Please see below the link to NHSBSA website, where there are dedicated sections to the McCloud Remedy: https://www.nhsbsa.nhs.uk/nhs-pensions RBP are one of the leading medical specialist firms of chartered accountant...

This podcast is an extract from episode 13. Katie Singer and Graham Crossley (an NHS Pensions specialist and director of MediFintech) share the latest update with the McCloud Remedy. Please see below the link to NHSBSA website, where there are dedicated sections to the McCloud Remedy: https://www.nhsbsa.nhs.uk/nhs-pensions RBP are one of the leading medical specialist firms of chartered accountant...

This podcast is an extract from episode 13. Katie Singer and Graham Crossley (an NHS Pensions specialist and director of MediFintech) share the latest update with the McCloud Remedy. Please see below the link to NHSBSA website, where there are dedicated sections to the McCloud Remedy: https://www.nhsbsa.nhs.uk/nhs-pensions RBP are one of the leading medical specialist firms of chartered accountant...

In this week’s episode, Katie Singer is joined by Graham Crossley, an NHS Pensions specialist and director of MediFintech. They discuss where we are now with the updates to the Lifetime Limit and Annual Allowance Charges under our new government. They also share the latest update with the McCloud Remedy. If you would like to contact Graham, please see his contact details below: Graham Crossley Ema...

In this week’s episode, Katie Singer is joined by Danny Antonio, one of the directors at Danire Finance. They discuss the current market situation and how a mortgage broker can help if you are in the process of remortgaging, moving, or thinking of buying your surgery. If you would like a free commercial mortgage review, or would like to contact one of their team regarding the opportunity of negoti...

In this week’s episode Jenny Stone is joined by Amanda Meehan. Amanda has a dual role, both as a management consultant and business manager in a GP practice. She provides her top tips for practices merging and discusses organisational benefits, challenges in dealing with practice mergers, partners working together and managing staff through the change. Amanda has a wealth of experience in dealing...

In this week’s episode Kate Perry is joined by Kay Keane who is from the Institute of General Practice Management. They discuss the different roles within GP practice management and cover the benefits of becoming a member of the IGPM. This episode will not only be of interest to those with a specific role in practice management but also GP partners who have such team members within their practice....

In this week’s episode Kate Perry and Ashley Smokler discuss benefits in kind and P11Ds primarily in respect of limited companies. They cover the reporting requirements of these benefits together with an overview of other staff benefits. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in the medical field and they will be...

In this week’s episode Katie Singer and Jenny Stone discuss practice mergers. They cover the financial implications, what practices need to do before deciding to merge and other considerations such as preparing accounts and merging NHS contracts. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in the medical field and they...

On this week’s episode, Jenny Stone is joined by Ollie Newing who is an IFA advisor to doctors. They will be discussing the McCloud Judgement and what it means for members of the NHS pensions scheme. They also discuss why the McCloud judgement came about, the impact this will have on doctors NHS pension and what members will need to do. They also mention the NHS Pension Report service that RBP pro...

In this week’s episode Kate Perry and Jenny Stone discuss the IR35 off-payroll working rules. They discuss what the IR35 rules are and what practices should do when engaging an individual on a self employed or via a limited company. They also cover what happens if caught by these rules. Please see link below to the HMRC tool: https://www.gov.uk/guidance/check-employment-status-for-tax#:~:text=The%...

In this episode, Katie Singer and Ashley Smokler discuss Capital Gains Tax. Their conversations include what capital gains tax is, how you calculate any gains and when you need to pay any tax that arises. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in the medical field and they will be sharing their broad and experienc...

In this week’s episode Jenny Stone and Katie Singer discuss the 2024/25 contract updates and GMS contract variations. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in the medical field and they will be sharing their broad and experienced knowledge through their fortnightly Accountancy on Prescription podcasts. Listeners...

Following Jeremy Hunt’s spring Budget, Kate Perry and Ashley Smokler discuss the key headlines from the budget covering the changes to; national insurance, capital gains tax, furnished holiday lettings and child benefit. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in the medical field and they will be sharing their bro...

In this week’s episode we revisit the podcast with Emma Pottinger and Kevin Igoe, the managing director of PFP and chairman of the UK Tax Investigations conference. They discussed everything you need to know about a HMRC tax investigation.  With the fast-approaching renewal date of the RBP TIS, this podcast reiterates the importance of this service and how you are protected should a HMRC tax...

Welcome to season 2 of Accountancy on Prescription. This week, Jenny Stone is joined by Sandra Jeevan from WMT. They discuss what inheritance tax is, the importance of having a Will and the planning that can be done to mitigate inheritance tax. If you are interested in inheritance tax planning you can contact Sandra directly, her contact details are:  Sandra Jeevan DDI    ...

In this episode, Jenny Stone discusses filing your tax returns and paying your tax by the 31st January deadline. She includes what to do if you cannot pay your tax by the deadline and also reducing payments on accounts if your income has reduced. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in the medical field and they...

It is the week before Christmas and the three RBP partners become the ghosts of Christmas past, present and future. They run you through the hot topics they have encountered this year and will lead us all into 2024. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in the medical field and they will be sharing their broad an...

This episode is the re-release of ‘Obligation for GPs to declare their earnings over £156,000’, which Katie and Jenny originally recorded and released back in April 2023. This is because the 2023/24 General Practice Annual Electronic Self-Declaration (eDEC), due for submission by 1st December 2023, now includes some new questions on General Practice Pay Transparency (GPIT). Question 2N asks whethe...

This week, Jenny Stone and Katie Singer discuss the recent announcement that PCSE have carried out an exercise to reconcile Seniority dating back to 2013/14. The first wave of adjustments will appear on your November 2023 statements so this episode covers what to look out for if you spot any unusual numbers. Please note the contents of this podcase is information correct at this time of recording....

This episode is the re-release of our change of basis period podcast that was originally released in September 2022. As of now, all accounting year ends have formally moved in line with the fiscal year and everyone listening will now be preparing their personal and practice accounts to the 31st March 2024. If you know you are affected by the change of basis period this episode is going to benefit...

In this episode, Jenny Stone and Katie Singer discuss the latest announcement regarding the global sum uplift in respect of staff pay rises. This will be relevant for all GPs running their own practice, so please do share this with your fellow partners and those within your PCN.Please click here for show notes discussed in this podcast. RBP are one of the leading medical specialist firms of charte...