INSIGHT

As a doctor, managing your finances and ensuring accurate tax payments can be a daunting task. Fortunately, HM Revenue and Customs (HMRC) has introduced a convenient solution – the Personal Tax Account. This online platform allows you to claim tax relief for various expenses related to your profession, including your GMC (General Medical Council), BMA (British Medical Association), MDU (Medical Defence Union), and MPS (Medical Protection Society) fees, as well as any exam expenses incurred during your training.

Establish a solid successful system implementation for the project and ensure that the implementation aligns with the organisation’s overall strategic goals. The first and perhaps most critical step in planning a system implementation is to define the scope and objectives of the project. It’s essential to have a clear understanding of what the system aims to achieve and the specific requirements it needs to fulfil.

In today’s dynamic business environment, digital transformation is no longer optional – it’s essential for survival. Businesses of all sizes, from established enterprises to innovative startups, need to embrace digital tools and strategies to thrive in a competitive landscape.

Attention GP practices: A reminder about the PCSE seniority payment adjustments first communicated in October 2023. Most practices should now have received communication from PCSE regarding the amount to be refunded to or collected from the practice.  This is expected to adjusted on the April, May or June GMS statement in the majority of cases.

Where margins are constantly being squeezed and competition is fierce, the ability to optimising profitability is a critical factor for success. One of the key elements that can significantly impact a company’s bottom line is the efficiency and effectiveness of its internal systems and processes. In this blog, we will explore how these essential components can be leveraged to drive profitability and ensure long-term sustainability.

Expanding into a new market can be an exciting, yet daunting, prospect for any business. Whether you’re looking to grow your customer base, diversify your offerings, or tap into new revenue streams, navigating the complexities of a new market requires careful planning and strategic execution. In this blog, we’ll explore the key considerations businesses should keep in mind when entering a new market.