Dental practice sale prices drop despite increase in valuations

The latest Practice Goodwill survey figures from the National Association of Specialist Dental Accountants and Lawyers (NASDAL) have shown that average dental practice sale values have started to drop despite a small rise in the valuations of practices. During the

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Calls for rethink on pension tax rules

Doctors are calling on the Treasury to rethink the current rules regarding taxation and pensions, which have encouraged a number of GPs and consultants to cut their hours, retire early or even leave the scheme entirely. Chaand Nagpaul, the BMA

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Concerns that care home businesses might be struggling with payroll

A recent survey has found that almost half (54 per cent) of UK businesses believe that PAYE is the second biggest compliance burden they face, raising concerns that care home businesses in particular – who tend to employ a lot

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How much is the three per cent pay rise really worth to GPs?

GPs all over the UK saw their wages increase more than expected in the twelve months between 2015/16 and 2016/17, with an average increase of nearly three per cent. During that year the Government and British Medical Association’s (BMA) GP

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Time to take control of your workplace pension

By now, most healthcare employers should be well acquainted with automatic-enrolment, the Government’s mandatory workplace pension scheme. But it’s important not to get too comfortable, as from this April the contributions both you and your staff pay into the scheme

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NASDAL shows mixed results of goodwill deals

The National Association of Specialist Dental Accountants and Lawyers (NASDAL), the professional network, has released the results of its new Practice Goodwill survey. The findings indicate that NHS practices are moving from strength to strength, while private and mixed practices

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How can medical professionals deal with the GDPR?

In May 2018, the General Data Protection Regulation (GDPR) will come into effect for all businesses in the UK, changing the way organisations can handle and process personal data. And no sector’s data is more sensitive than the healthcare industry.

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GPs in England to get pay rise

The British Medical Association (BMA) has announced that GPs in England will receive a one per cent pay rise, along with a number of other benefits. The news came following the completion of negotiations over the terms of the 2018/19

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Tax relief “removed” from commercial premises

The Indexation Allowance, which provides tax-relief for companies’ capital gains on property and assets, has been frozen from 1st January 2018 to bring the corporate system “into line with personal capital gains tax”. The measure was announced in Chancellor Philip

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CMA: Care home system cannot “continue to provide essential care” with current levels of funding

The Competition and Markets Authority (CMA) has warned that more care home closures are expected if Britain fails to bridge the gap between funding and spending. The competition watchdog called for “reform of the care home sector so people get

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