- Posted 11th March 2015
Five Ways to Reduce Your Medical Practice Costs
Are you spending a lot on your medical and office supplies? Is it affecting your net income immensely? If you think it is, it time to cut down your expenses by considering some major issues in your medical practice.
Today, in medical practices, it is hard to maintain profits more than ever. Take a look at some great tips which can help you to reduce costs for your practice. 313...
- Posted 11th March 2015
Why Hire a Medical Accountant?
Your job as a medical professional always involves putting your patients first. Sometimes, your work can be stressful and tiresome. And, if you are to handle your own accounting, there will be more things for you to handle all at once.
Accounting is a very complex process which should be given to professionals for a systematic approach. Although doing your own accounting will save your money, an accountant will surely help you to minimize the mistakes in your tax filing avoiding penalties and i...
- Posted 11th March 2015
Health workers were given one week to pay their tax or face taskforce
Workers in the health and well-being professions who have taxable income that they haven’t revealed have one week to pay the tax they owe, or risk HM Revenue and Customs (HMRC) taskforce action.
Under the Health and Wellbeing Tax Plan, health professionals had until 6 April 2014 to disclose details and pay the tax owed.
HMRC is identifying people who fail to use the campaign, but need to catch up and pay what they owe. They could face investigation by an HMRC task-force, which will visit the...
- Posted 11th March 2015
Budget 2014 Summary
This Budget sets out further action to secure the recovery and build a resilient economy. The
government is continuing to take difficult decisions to put the public finances on a sustainable
path. The Budget supports businesses to invest, export, and create jobs, and cuts taxes for hardworking
people – laying the foundations for sustainable economic growth. The Budget sets out
the most radical reforms to saving for a generation, providing security for families to plan for
their future.
...
- Posted 11th March 2015
Great news, we now offer Tax enquiry fee protection insurance…….
We can now offer Tax enquiry fee protection insurance (or tax enquiry fee protection service) which is a professional fee protection insurance covering professional accounting fees in the event that one of our clients receives a tax enquiry.
Therefore you don’t pay for the accounting fees for the tax enquire with HMRC, the insurance company will, this gives you peace of mind and one less thing to worry about.
With the recent changes that have taken place within the revenue, now all the d...
- Posted 11th March 2015
HMRC Will be writing to 167,000 Employers for Missing RTI
There are approximately 167,000 employers who have missed more than one Real Time Information (RTI) return for Pay as You Earn (PAYE) income Tax. Therefore HM Revenue and Customs is in the process of writing to all of them.
The reason some companies may not have filed a PAYE return is because their PAYE scheme is unused or is no longer in operation as they no longer have employees, in such cases the employers or their agents still need to let HMRC know by calling the tax body employers helpli...
- Posted 11th March 2015
GDC alert to dentists‚ two very important deadlines!!!!
The General Dental Council has sent out kind reminders to all dentists reminding them to pay their Annual Retention Fee (ARF) and to make a Continuing Professional Development (CDP) declaration.
12 November 2013, the ARF collection period for dentists started along with the 2013 CPD declaration period.
31 December 2013 is the all-important date by which the ARF of £576 (and £72 specialty fee where registered) for the 2014 registration year in order to remain on the register. Dentists who...
- Posted 11th March 2015
The dentistry show at the NEC was a real success….
It was great to see do many dental professionals from all areas of the industry at the dental show last week at the NEC. There was lots to take in for everyone from a wide range of quality suppliers and education providers along with free CPD seminars.
There were many internationally renowned speakers at the show from Christian Coachman, Ben Atkins, James Goolnik, Lisa Riley, Christina Chatfield, Fiona Ellwood, Zaki Kanaan and many more. They all were very insightful in their own areas of den...