In The Know – Medical

Welcome to our medical newsletter.

We start with a subject that continues to be high on the list of priorities for many of our clients – pensions. The complex rules make this article an interesting read for many.

Fortunately, the Chancellor chose to leave pensions tax relief alone in the Autumn budget with the only significant announcement being to confirm that the Lifetime Allowance limit will rise to £1,030,000 for 2018/19.

The Chancellor also announced measures to provide the NHS with an extra £10bn capital investment over the course of the parliament seeing a further £2.8bn being provided to NHS England (£350m immediate payment). There will also be a pay review for nurses.

Our Autumn budget update can be viewed here.

Elsewhere in this edition, we have an update on payroll, a summary on recent tax changes and information about MTD (Making Tax Digital) and Cloud Accounting.  The latter is becoming increasingly popular with our healthcare clients as they see the benefits of being able to access live information at any time (and in any place as long as you have internet access!). Our CATs are just a phone call/email away if this is something you are considering for your practice or business.

Continuing with the technology theme, on page 8, we have identified some apps for docs that seem both really useful and easy to use.

Click here to read the full newsletter.   Contact Claire Hebdige for further advice or assistance.

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Dec 13

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