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Tax drive to hit doctors

By Robin Stride Moves to improve tax compliance could backfire and lead to some doctors cutting their commitment to the private sector, specialist medical accountants warn. HM Revenue and Customs (HMRC) has announced: ➲ A tightening up of compliance issues for ‘wealthy individuals’. Accountants say most consultants would be regarded as wealthy in the taxman’s […]

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Esher Groves Front

Diary of a clinic build

Developing your own clinical premises requires grasping the nettle and putting on a hard hat. But for those bold enough to do it, there are plenty of rewards, says Maurice Citron. Dr Ian Drever, a consultant psych­iatrist, has successfully risen to the challenge and is the entrepreneurial spirit behind Esher Groves, a new psychiatric day […]

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Don’t think you can skimp on your cover

With mounting claims and defence costs hitting private doctors hard in the pocket and purse, Hempsons’ Tania Francis takes a legal look at what every independent practitioner needs to know. All doctors and other healthcare professionals should, of course, be aware of the need for insurance or indemnity cover. But, from time to time, I […]

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What that red box contained

Independent practitioners will be affected by a wide range of changes announced in Chancellor Philip Hammond’s latest Budget. Susan Hutter provides a round-up and some useful tips. Pensions Tax Relief No changes have been announced to the Annual Allowance limits which remain at £40,000 for individuals earning below £150,000. Those doctors with income of more […]

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Cheeky car puts a smile on your face

We’ve reviewed some big cars in recent issues. But here’s one Dr Tony Rimmer finds will be easier for getting into the doctors’ car park and running around the city. Even in Italy… Life as an independent practitioner is always busy and often stressful. We all have different ways of relieving these pressures outside of […]

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When winding down your work

Whether you are counting down the days or feeling somewhat sad about leaving the medical world, retirement needs to be well planned for. And that is especially true for those with a private practice. Thought needs to be given to the ongoing management of medical records, and ensuring the safe hand-over of patients can be […]

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Ice-Skaters

Get your skates on

If you haven’t prepared the information for your 2016-17 tax year, you need to get your skates on, as the filing date is 31 January 2018. Susan Hutter gives some top tips about submitting a tidy tax return. Don’t adopt the ostrich approach With the best will in the world, there are times when administration […]

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Locomotive – Hanging on

Full steam ahead for PPUs

So do NHS private patient units (PPUs) have a future given the increasing pressures on day to day core services? In the first of two articles, Philip Housden argues they have never been more relevant to the health service than now – and 2018 is a great time for the health service to invest in […]

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The news we brought you in 2017

Review of the year December 2016-January 2017 ➤The Independent Doctors Federation (IDF) announced ambitious New Year plans to beef up services to members and become a stronger voice in 2017. It revealed plans to better represent independent practitioners by taking a more proactive approach and relationship with the many stakeholders, such as insurers, who influence […]

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When reviews are not true

‘Business Dilemmas’ When reviews are not true Dr Edward Farnan, medico-legal adviser at the MDU, looks at how to deal with a negative online review         Dilemma 1 They have made false allegations Q I work as a cosmetic surgeon. Yesterday, I discovered that a patient had published a critical post on […]

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Taxman ringing front doorbell

Stop the taxman visiting

For many consultants, there is a clear angst that HM Revenue and Customs may come calling with an unexpected tax bill or inquiry. Ian Tongue explores some common areas of risk and the steps that can be taken to minimise the risk of the taxman ringing your doorbell. Phew! Thankfully, it is actually quite rare […]

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