How much time are you spending running your practice, as opposed to caring for your patients?
The accountancy needs of a medical practice are unique in the business world. The practice will be run as a business, but the principal source of income into the practice will be public money from the NHS. This creates two pressures on busy Health Professionals, to run their practice in an efficient and fiscally prudent manner, and also to satisfy NHS requirements to track and manage expenditure, while applying for and obtaining funding.
Jardines' understand medical practices and can help you to release your valuable time to do what you know best - look after your patients!
We specialise in providing Medical Accountancy and Taxation Advice to medical professionals including:
- Consultant Anaesthetists
- Consultant Surgeons
- Dental Associates
- Dentists
- Doctors
- Implantologists
- Maxillofacial Trainees
- Medical Contultants
- Nurses
- Ophthalmologists
- Psychiatrists
Economic and fiscal update (03)
FOR BUSINESS
Introduction and highlights (04)
Business taxes (05-06)
Other announcements (07)
FOR YOUR FINANCE
Introduction and highlights (08)
Personal taxes (09-11)
Pensions and investments (12)
Other announcements (13)
VAT and indirect taxes (13-15)
Vehicle taxation (16-17)
This Report, written immediately after the Chancellor of the Exchequer delivered his Budget Speech, provides an overview of the announcements most likely to affect you and your business.
This Budget was heralded as a Budget for economic stability, tax simplification and growth, but was set against a relatively benign economy that is endeavouring to break out of the constraints of reductions in public expenditure coupled with lower household disposable income and growing job insecurity. With little room for manoeuvre the Chancellor’s aim was to balance the books while making strategic advance toward promoting business growth and the ongoing reduction of the public purse.
The last year has provided yet further evidence of our interdependence on the global economy and the impact of events beyond our shores continue to provide a challenge to business confidence. The politics of the coalition Government continue to influence policy decisions and the need to satisfy
the constituents in the two political parties are evident in some of today’s announcements. The Budget announces the Government’s budgetary plans and this serves as a reminder to us all that we should ensure that our personal and business budgets and plans reflect the reality of our available income and necessary expenditure. Debt remains embedded in our economy and the obligation to repay must be balanced with the need to save and invest.
We can help you review your plans; adapting them as necessary to take into account the ongoing challenging economic environment and your own personal circumstances, plans and objectives.
Read More...
Features Include:
- Summary of 2011/12 changes
- Business tax
planning
- Personal tax
planning
- Investment tax
planning
- Capital tax
planning
- Offshore tax
planning
- Minimise your tax liability
While the ongoing impact of the recession on
cash flow and business profitability are on the minds of many, the pending tax year end on 5 April 2012 provides an opportunity to ensure that your tax liability is not one penny more than necessary. With further tax increases on the horizon, there really is no time like the present to take a step back and look at how you are managing your personal and your business finances, and to consider how you might reduce your taxes and/or improve your personal financial and business strategies.
In this guide we consider some of the ways you might act now to help achieve a more
secure future for you, your family and your
business. Please contact us now to discuss
your specific situation and the planning
opportunities you could consider before the
end of the tax year. Acting now could pay
dividends in the future.
Read More...
Features Include:
- Autumn Statement Predictions
- Business Regulation Reforms
- Your Money
This month will see the Chancellor deliver his Autumn Statement in response to the latest economic and fiscal outlook report from the Office for Budget Responsibility (OBR). We take a look at some of the measures that business groups are hoping for as the 29 November draws closer.
