Accountancy on Prescription

In this episode, Emma Pottinger is joined by Dr Chaand Nagpaul, the former chair of the BMA council. They will be discussing the significant changes over the last 5 years both in general practice and the partnership model. 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 b...

RBP have seen this year a trend in GP practices making a loss that should not be happening on their personally administered drugs (PPA claims). So, in this week’s episode, Jenny talks to Richard and Tracy, from Ash Lane Consultancy, about the solution to this issue. They discuss why it is fundamental for a good process to be put in place at the practice that will ensure a profit is being made in r...

In this episode, Kate Perry talks to Craig Tallents, one of the consultants who works with RBP, about the current challenges facing GP practices and what partners can do to manage their business within the pressures of the NHS. 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 th...

In this episode, Katie Singer discusses the personal expenses you can claim against your self-employed income. Also, she reminds you the importance of getting your tax return information in as early as possible. 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 ex...

In this episode, Jenny Stone and Katie Singer discuss the ongoing service charge issue many practices within health centres have been impacted by. They discuss how to review the service charges, how to negotiate them and what provisions should be made within the practice accounts. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ exper...

This week’s episode is part of our Understanding Accounts series. Jenny and Nisha will be discussing superannuation. They share how it is calculated, paid and the tax implications. Also, dealing with the PCSE. 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 expe...

In this week’s episode, Jenny Stone, a partner at RBP, discusses why some doctors who are in receipt of their NHS Pension have not received an inflation uplift to their benefits. She confirms what you need to do to ensure the pensions team review this and pay the arrears. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in...

In this episode, Kate Perry is joined by Guy Morgan, from Sherrards solicitors. They discuss the challenges surrounding practices where partners are planning to retire. 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 fortnight...

In this episode, Katie Singer and Nisha Patel discuss the year end information needed from practice managers, along with some pointers for good practice and how to make the accounts preparation process as smooth as possible both at year end and throughout the year. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in the med...

In this episode, Katie Singer and Nisha Patel look at the basics of taxation. They discuss what the tax rates are depending on whether you are self employed or operating through a limited company. Also, how your payments may change if you are moving roles from a Salaried GP to a GP Partner. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 ye...

In this week’s episode, Kate Perry a partner at RBP is joined by Oliver Newing from Quilter Financial Advisers. They will be discussing recent budget changes to both Lifetime and Annual Allowances in relation to the NHS Pension. They also cover the opportunities still offered by historic protections. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have...

In this weeks episode, Katie Singer and Jenny Stone discuss the obligation for GPs to declare their earnings over £156,000. They will be covering how you go about declaring but also the implications of publishing or not publishing those earnings. BMA website at time of recording Declaring GP earnings over £150,000 ( bma.org.uk ) RBP are one of the leading medical specialist firms of chartered acco...

Following Jeremy Hunt’s spring Budget, Katie Singer and Jenny Stone will be discussing the headlines from the budget covering the changes to; pensions, child care and also changes to the tax thresholds from 6th April 2023.If you have opted out of the NHS Pension scheme due to lifetime allowance or annual allowance this podcast is worth a listen as you may want to reconsider your decisions as a res...

In this weeks episode, as part of our “Understanding Practice Accounts” series, Katie Singer and Nisha Patel discuss drawings. What they are, how they are calculated and why it’s so important as a partner to understand them. 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...

In this episode, Katie Singer and Nisha Patel, from RBP, will be discussing partners’ current accounts. This is part one in the “understanding practice accounts” mini-series. Please see below the link for the illustration discussed in this episode: https://www.rbp.co.uk/illustration-discussed-in-podcast-episode-17 RBP are one of the leading medical specialist firms of chartered accountants in the...

In this episode, Jenny Stone, a partner at RBP, is joined by Ian Crompton, a director of PrimaryCare Finance Consultancy Limited. They will be discussing the different types of surgery finance available and the easiest way to raise funds. Also, the topical issues of interest rates at this time and the consideration to fix and variable rates and strategies to consider. If you would like to contact...

In this episode, Kate Perry, a partner at RBP, and Clare Sieber, a GP and accredited mediator, discuss the benefits of mediation in resolving disputes within GP partnerships, PCNs and the workplace and how to access this service. To contact Clare regarding her services, please email her at contact@generalpracticemediation.co.uk . RBP are one of the leading medical specialist firms of chartered acc...

In this episode, Jenny Stone, a partner at RBP, and Luke Kirkham, a senior accounts manager, discuss the end of year type 1 and type 2 pension certificates. They confirm who will be required to complete these, together with common issues and queries that arise with PCSE. RBP are one of the leading medical specialist firms of chartered accountants in the UK. They have over 30 years’ experience in t...

In this episode, Katie Singer and Jenny Stone, both partners at RBP, will be discussing top tax and pension tips for 2023. Since recording - Making tax digital has been delayed until 2026. As our partner Kate correctly predicted! 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...

In this episode, RBP and Medics Money's invite you to their joint Christmas party podcast! They will be discussing tax and financial savings for this Christmas and tips for the New Year! 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 throu...

In this episode, Jenny Stone, a partner at RBP, is joined by Peter Perry, a VAT consultant who specialises in the medical profession. They will be discussing the VAT issues that PCNs and their member practices are facing with the supply of staff who are employed under the ARRS funding. If you have any questions or queries regarding this topic, please email Peter at Peter. Perry@dmtaxadvisers.co.uk...

In this episode, Jenny Stone and Katie Singer, both partners at RBP, will be discussing the issues surrounding taking on, or becoming a non-clinical partner in a GP practice. 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 for...

In this episode, Emma Pottinger, the practice director at RBP, is joined by Kevin Igoe, the managing director of PFP and chairman of the UK Tax Investigations conference. They will be discussing everything you need to know about a HMRC tax investigation. If you have any questions relating to this topic discussed today, or would like to know more about the RBP Tax Investigation Service, please do n...

In this episode, Kate Perry, a chartered accountant and partner at RBP, is joined by Alan Cooke, one of our senior tax managers. They will be discussing the tax consequences for a hospital consultant undertaking work within private practice. Also, issues surrounding the NHS pension annual allowance tax charge. If you have any questions relating to any of the topics discussed today, please do not h...

In this episode, Kate Perry who is a chartered accountant and partner at RPB and Alan Cooke a Senior Tax Manager at RBP, will be discussing the types of tax relief in respect of cars, available for those who are self-employed or own a limited company. If you have any questions relating to any of the topics discussed today, please do not hesitate to contact Alan Cooke on 020 8370 7741, or email ala...