Well, GPs no longer have a choice and by 31 March 2016 they will have to publish the average earnings for all GPs who worked in the practice for more than six months on their website.
The consequences are not too bad for 2014/15, the earnings just relates to the core NHS work by the GPs, and in working out the average, all GPs are treated as full-time even if they only worked 1 session, so the average is going to be low.
Having done a number of calculations for practices so far, even the high earning practices are showing an average publishable earning in the mid £60k.
But if 2014/15 is not going to be a problem, 2015/16 will be very different. Practices will have to show the earnings of each GP for the financial year, with their name mentioned. The deadline for this declaration is 31 March 2017 so there is a chance this could change.
What if patients don’t have access to the internet? The advice is that GPs have to provide their earnings on paper or a poster. A poster?? Really?
- Laurence Slavin is a partner with Ramsay Brown and Partners Chartered Accountants who specialise in the finances of GPs.