Practice Accounts Made Easy, third edition (Paperback)

Paperback. Most general practices are businesses of quite significant size and yet many GPs are not clear on what the detail of their practice accounts really means.This book will help if you have ever found yourself confused by: a balance sheet capital accounts profit-sharing ratiosIt will also help you to understand how practices are paid: the differences between payments under the GMS, APMS and MCP contracts the effects of transitioning from PMS to GMS contracts the mechanisms for claims and payments property and other reimbursements, including the Premises Costs Directions the new GP Retention SchemeFurthermore, as an individual GP it will tell you about: how you pay your tax and how it might appear in the practice accounts tax deductible expenses the differences between being employed and self-employed for tax purposes joining and leaving a practice buying a share in the surgery premises forming a limited company for tax purposes the NHS Pension Scheme and its various sections superannuationUpdated with 2018/19 guidelines on tax, pensions and practice payments, this is a book for all those confused by accounting terminology, from GP registrars to GP principals. This is a book for all those confused by accountingterminology, from GP registrars to GP principals. The third edition has been comprehensively revised and updated with 2018/19 guidelines on tax, pensions and practice payments. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…