04 August 2020
Many NHS trusts have made accommodation, food, transport and parking available to staff in order to keep them safe and well and to enable them to do their jobs. However, the NHS and these staff could be facing a large tax bill under current rules.
24 February 2020
James Grandby, specialist medical practices partner, covers the key financial considerations and implications for practices and new primary care networks including; taxation of the surplus funding, employment status of the clinical director, and VAT exposure of your PCN.
07 January 2020
The Conservatives pledged in their election manifesto that they would take measures to address the NHS pensions crisis. On 18 December they said that they would announce their solution on Budget day (11 March). What options could they be considering?
Graham is a tax partner and leads RSM’s North West region innovation reliefs team.
27 November 2019
NHS England has announced that clinicians affected by an NHS pensions Annual Allowance tax charge for the 2019/20 tax year would have any tax payable reimbursed to them on retirement. They may have been hoping for a positive reception to the plans but doctors remain wary.
20 November 2019
Ministers appear to have agreed to a short-term fix to the NHS pensions crisis amid concerns about the impact on waiting times. However, the uptake of the new concession may be low because of heavy bureaucracy. Wouldn’t it be simpler if the annual allowance taper was abolished for everybody?
30 October 2019
Over recent months we have been hearing about HMRC reviewing the current operation of the off-payroll rules in the public sector ahead of the new changes from 6 April 2020, which will impact both the private and public sectors. It has also recently emerged that NHS bodies are within the scope of this new approach.
10 October 2019
RSM is delighted to announce that James Gransby has joined the firm as a partner. James is a leading specialist medical accountant dealing with the accounts, tax and pensions for doctors with over 20 years’ experience and is also a board member of AISMA (The Association of Independent Specialist Medical Accountants).
James is a tax partner dealing exclusively with medical professionals, helping GPs and Hospital Doctors with accounts and tax compliance, adding value with advisory work. He is a Board member of AISMA.
10 July 2019
Increased clarity on employment status tests to reflect the reality of modern working is 'badly needed' according to a panel of tax judges in the First Tier Tribunal.