Non-Principals

• Keeping you up-to-date on the 'New GMS Contract'.
• Advising on 'employed' or 'self-employed' status.
• Preparation and submission of the annual self-assessment return and agreeing of liabilities with the Inland Revenue.
• Preparation of annual accounts including advice on all aspects of allowable expenditure.
• Advice on the importance of your home being classed as your business office/address.
• Advice on allowable Locum expenditure, e.g. spouse's salary, motor expenses
  and equipment.
• Early estimates of tax liabilities to enable cash planning thereby avoiding
  unhappy surprises.
• Maximising tax relief on the business use of your car.
• Advice on rates of pay taking into account BMA suggested rates and
  DDRB recommendations.
• Advice on the optimum time to purchase capital equipment to maximise
  available tax relief and recommendations on the most cash flow advantageous accounting year end.
• Advice on qualifying contributions to the NHS superannuation scheme.
• Advice on the accounting records required by the self-assessment regime.
• Advice on the National Insurance implications of being self-employed.
• Advice on becoming a GP Principal.
• Advice on available 'Tax Credits'.