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    How to liquidate your company

    It is worth knowing about liquidating your company from the outset of your private practice. Ian Tongue explains. For those ...

£1m VAT victory

By Robin Stride A consultant dermatologist has been saved from a crippling £1m-plus tax bill after his accountant – an Independent Practitioner Today columnist – settled a VAT case out of court. HM Revenue and Customs (HMRC) contended that the specialist’s company should have registered for the tax, as the business was largely providing ‘cosmetic’ […]

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Money flames

Stop burning your cash

So what can be done to protect you from losing money? In the follow-up to his report last month, Garry Chapman looks at the tax impact on consultants who may have accrued over £250k’s worth of unpaid bills. Consultants are typically taxed on work invoiced through the practice, so if any bill goes uncollected, they […]

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Sorry is hardest word – but vital

Being open and saying sorry are the best policies when things go wrong. And it can cut the risk of a complaint or litigation, says Dr Gordon McDavid. Doctors may hesitate before speaking up when things go wrong. This is despite their defence body having advocated a culture of openness in healthcare and advised them […]

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Keep your data safe

Practice owners have some important data protection obligations to follow or their business could be at risk. Chris Alderson and Puja Solanki explain. If you handle and process personal information about individ­uals, you have a legal obligation under the Data Protection Act 1998 to protect that information. The Act requires that those who record, use […]

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When your interests cross over

‘Business Dilemmas’ Avoiding conflicts of interest are in the minds of readers’ questions answered by Dr Beverley Ward (right)     Dilemma 1 Conflict of interest in joining CCG Q I have been a dermatology consultant for several years and share ownership of a clinic. The other day, an old colleague sounded me out about […]

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Audi A4 1

Roomy, fast and frugal

The new Audi A4 fits perfectly with the needs and expectations of the modern independent practitioner, says our tester Dr Tony Rimmer. There is no doubt that recent events in the UK have raised levels of uncertainty with regard to future borrowing and spending.

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It returns again!

Oh no, it’s that time of year again. Just don’t be tempted to leave your tax affairs too late, urges Susan Hutter. You really should get moving – now! Although the 2015-16 tax return is not due for submission until 31 January 2017, it is not really that far away, and tax departments in most […]

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Electrify your marketing

Email can be a powerful marketing tool for private practices. Dev Lall outlines how it can help grow yours. People buy from people they know, like and trust, and you need to foster that in your marketing. And one excellent way to do that is through email.

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AIHO leads drive to boost well-being

Private hospitals are backing efforts to bring a shift towards positive public health messages, preventive healthcare and more workplace health initiatives. Fiona Booth reports. Ensuring personal health and well-being is crucial to creating an environment where individuals, families and workplaces feel empowered, healthier and happier.

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Rag-outs for CMA report

Forced sales dropped

Robin Stride reports on the long-running investigation into the perceived lack of competition in the private hospital sector, which reached its conclusion this month with the publication of a final report by the Competition and Markets Authority Following a four-and-a-half year review of the private healthcare market, the Competition and Markets Authority (CMA) has finally […]

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September is the right time to act

      This month is the time to implement new ideas for growth and to take stock of your unit’s competitive position, advises Philip Housden in his continuing journey following a year in the life of a NHS private patient unit (PPU) . I always think September is the real start to the year. […]

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