Getting your finances fit for 2019: Reviewing your finances

Getting your finances fit for 2019: Reviewing your finances

In part one of this series, chartered accountants Laurence Slavin and Katie Collin look at reviewing the practice finances with a view to preparing for Making Tax Digital, being ready for possible mergers and ensuring expenses are well controlled.

Latest articles

Details of flu vaccines for 2019/20 in England

Details of flu vaccines for 2019/20 in England

GP practices will be able to use just one flu vaccine for all adults in 2019/20 after NHS England released details of the vaccines recommended for use.

Final recommendations from the GP partnership review

Final recommendations from the GP partnership review

Practices should be allowed to hold contracts under a limited liability partnership or mutual model to limit personal financial risk for partners and pension rules must change to stop 'perverse incentives' for GPs to cut working hours, a major review of GP partnerships has concluded.

Business continuity checklist

Business continuity checklist

Practices should ideally check and update their business continuity plan annually. This checklist can help ensure you've covered the key issues.

What does the NHS long-term plan mean for GP practices?

What does the NHS long-term plan mean for GP practices?

The NHS long-term plan was published this week, with a promise of increased investment and some significant changes for general practice. Medeconomics highlights the key points.


Focus on: Finance

A practical guide to budgeting

A practical guide to budgeting

Effective budgeting can help practices ensure they are a financial success. Laurence Slavin explains how to do this and provides a sample spreadsheet to help with calculations.

Cash flow forecasting: a vital financial tool

Cash flow forecasting: a vital financial tool

In these times of financial uncertainty, the ability to assess the practice's business risks is essential, says Russell Finn.

Costing up a new service

Costing up a new service

How practices can work out whether it is worth taking on a new contract, including a downloadable spreadsheet to help with the calculations. By Laurence Slavin.

How practices can boost income from private fees

How practices can boost income from private fees

Specialist accountant Laurence Slavin highlights what practices should consider when setting fees for private work and steps that could help boost income in this area.


Practice management

Annual calendar of practice management

Annual calendar of practice management

What practice managers need to review or address during a year.

[DAYS_LEFT] days left of your Medeconomics free trial

Subscribe now

Your free trial has expired

Subscribe now to access Medeconomics

GP Fees Database