Apr 12 2018 How well is your surgery performing? Categories: Healthcare EQ Healthcare is delighted to announce the publication of its GP Practices Benchmarking Report 2017. Produced in association with Kreston UK, the report explores statistics compiled from 161 practices across the UK. You can access the full report here – GP Practices Benchmarking Report 2017 We know that general practitioners are currently experiencing huge work pressures, more
Feb 14 2018 Managing profitability of your nursery Categories: Healthcare The current climate is becoming increasingly challenging for private nurseries, with shortfalls in local authority funding of child places, higher business rates and higher staff costs. We at EQ understand that in many instances the funding provided by local authorities for child places is insufficient to cover costs and that this issue may get worse more
Jan 23 2018 From Self Employed to Business Owners Categories: Corporate FinanceHealthcare For many self-employed dentists, buying their own dental practice is a dream, the ultimate career goal. However, it is also a journey riddled with pitfalls, risk and uncertainty. For dentists and University of Dundee graduates Jane Clyne and Eleanor Ferguson, the onset of a new year marks the start of their second full year owning more
Sep 27 2017 Business Rate Exemptions for Scottish Nurseries Categories: Healthcare Derek Mackay, Scotland’s Finance Secretary, has announced that as of April 2018, day nurseries in Scotland will be exempt from paying business rates. The announcement is a direct result of recommendations in the recent Barclay Report into non-domestic rates, commissioned by the Scottish Government. This is welcome news to nursery operators. The Nursery sector has more
Aug 30 2017 Know your employment status Categories: Healthcare It has become the industry norm that dental professionals, whether it be a dental associate, hygienist or therapist are treated as self employed for tax purposes, and rarely employed. You may ask yourself why this is the case and whether, with the recent legal rulings, this employment status will continue to be accepted by HM more
Jul 12 2017 Tax tips for dental professionals Categories: Healthcare Research & Development Tax credits Perhaps the dental profession is not the first sector you’d think of when considering whether to claim for Research & Development (R&D) Tax Credits. However, if you are involved with dental innovation or seeking an advance in dental technology you ought to seriously consider whether your business is entitled to more
Jun 2 2017 Is your business structure in order? Categories: Healthcare When a dentist starts a dental practice or restructures an existing dental practice, you’d think there would be an industry standard when it comes to what type of entity should be formed and how it should be taxed. But there are many nuances and considerations that well respected tax and legal professionals differ on when more
Apr 7 2017 Making Tax Digital – Could the Cloud be the perfect choice for your dental practice? Categories: HealthcareMaking Tax DigitalTaxation You may be aware, that in under a year’s time, if your dental practice currently keeps its accounting records manually, you will have to be up and running on a computerised system to be able to make quarterly returns to HMRC. If you haven’t heard about Marking Tax Digital, then you can find out more more
