Feb 16 2023 New year clear out – what you shouldn’t get rid of Categories: Healthcare The start of a new year is often a great opportunity to clear your home and office of things you may no longer need. However, when running your own business, there are items you shouldn’t dispose of. If you are an associate dentist who prepares a tax return each year, your records should be kept more
Feb 3 2023 New Pension Recycling Scheme available for eligible NHS staff Categories: Healthcare In October 2022, the Cabinet Secretary for Health and Social Care wrote to NHS Boards offering them local flexibilities within NHS Pension arrangements, including the option of ‘pension recycling’ to assist with maintaining service delivery. Pension recycling is where employees have opted out of the NHS Pension Scheme for tax reasons and are paid any more
Oct 20 2022 The benefits of Xero for GPs Categories: Cloud AccountingHealthcare In the last year, we have supported a number of our GP clients that have made the move from IRIS to Xero. Xero is an online accounting software that connects your practice to your bank, accountant, bookkeeper and other business apps. The various features within Xero offer a number of benefits to GP practices, allowing more
Sep 30 2022 The future of vet practice sales Categories: Healthcare In 2022, the Competition and Markets Authority (CMA) blocked the sales of UK veterinary practices to larger corporates as these businesses would control a significant proportion of the veterinary services in particular geographical area, raising competition concerns. As stated by the CMA, this “would result in too many vets’ practices in the same area being more
Aug 30 2022 You’re a newly qualified associate dentist – now what? Categories: Healthcare Congratulations! After years of hard work you are now a newly qualified associate dentist. However, as you are now self-employed there is lots to think about so we’ve covered some of the main queries below. Do I need an accountant? You will need to register with HMRC as self-employed. If you appoint an accountant they more
Jul 8 2022 Thinking of buying your first practice? Categories: Healthcare Buying your first dental practice will be one of the highlights of your career, but it will also be very daunting. At EQ, we can help you through the process and ensure your financials are in the best position before and after purchase. Before you start looking for a practice, you need to think about more
Jun 8 2022 Why choose a dental accountant? Categories: Healthcare Whether you are buying or selling your dental practice, wanting to improve the running of your current practice or simply an associate who needs to complete a tax return, choosing the services of a dental accountant can be very beneficial. Accountants with sector specific knowledge are able to give tailored advice to your business and more
May 4 2022 The FCA to regulate the pre-paid funeral plans sector from 29 July 2022 Categories: Healthcare It was announced early last year that the Financial Conduct Authority (FCA) will start regulating the pre-paid funeral plan sector from 29 July 2022. As this deadline fast approaches, it is important that you submit the required application if you intend to continue offering pre-paid funeral plans after this date. The regulation will extend to more