Partnerships

Steps to take when a GP partner retires

Steps to take when a GP partner retires

Which organisations do you need to inform when a partner retires? Lynne Abbess and Neha Shah provide a useful checklist.

Partnership deeds

The top five mistakes GPs make in partnership deeds

The top five mistakes GPs make in partnership deeds

Common mistakes can render an agreement invalid or ineffective, writes Lynne Abbess

Profit sharing clauses in partnership deeds

Profit sharing clauses in partnership deeds

Fair profit-sharing clauses in partnership agreements are crucial for GP partners, says Lynne Abbess.

Updating your partnership agreement

Updating your partnership agreement

Lynne Abbess advises on when and why GP partners should review and update their partnership deed.

Maternity leave for GP partners

Maternity leave for GP partners

Lynne Abbess provides advice on how practices should handle GP partners' maternity leave.

Arranging GP partners' entitlement for holiday

Arranging GP partners' entitlement for holiday

Spelling out amounts and types of leave due to each partner in the partnership deed is vital, says Lynne Abbess.

Partnership changes

Buying an outgoing partner's share of the practice premises

Buying an outgoing partner's share of the practice premises

When a partner announces their intention to leave, they must discuss with colleagues how they will deal with the property, writes Jenny Stone.

Succession planning for a partner's retirement

Succession planning for a partner's retirement

Recruiting GPs can take up to a year in the current climate, so succession planning is vital, writes Jenny Stone

Practice accounts when a partner leaves

Practice accounts when a partner leaves

Simon Gray explains the options for calculating the final profit share of a partner who is departing.

How to present your practice to prospective partners

How to present your practice to prospective partners

To recruit the right partner, present potential benefits accurately and be clear about financial outlay and responsibilities, writes Laurence Slavin

The CQC, partner changes and practice mergers

The CQC, partner changes and practice mergers

Practices must tell the CQC when a partner joins or leaves and practice mergers may involve re-registering, Lynne Abbess advises.

Finance for partners

Guidance on drawing funds from your practice

Devising a strategy around drawing funds will help your business remain stable, writes Russell Finn

How profit is allocated to the partners

Practice profits are normally divided into two categories - a top slice from income earned by individual partners and the remainder, the pool of profit in which all partners share. By Liz Densley.

Guide to practice accounts

Our guide to the annual accounts will help partners and practice managers better understand the practice's finances and how to use this information as a business tool.

Advice on re-mortgaging practice premises

Lawyer James Atkins explains how changes to the Premises Costs Directions could help GP practices who want to re-mortgage their properties - or change their mortgage to move to new premises.

How partners' funds are recorded in the accounts

Simon Gray explains figures relating to GP partners' capital in the annual accounts balance sheet.