Chartered Accountants in Huddersfield – Page 119 – Local accountancy updates

Primary Care Networks

Many practices have been collaborating to provide services to their patients. Some of these arrangements have been on an informal basis such as clusters, or a loose federation or alliance and others have been more formal such as a Corporate Federation. The 2019/2020 GP contract formalises this collaborative working within the Primary Care Network Contract.

Temporary VAT relief for personal protective equipment (PPE)

You may have seen a recent announcement by HMRC that a temporary zero-rate of VAT has been introduced for the supply of PPE. This is directly relevant to suppliers of PPE and to their customers who typically will be unable to recover any VAT charged on the purchase of the equipment.

Making Tax Digital for Income Tax and VAT

Making Tax Digital (MTD) was first talked about almost five years ago now by HMRC as they believe avoidable mistakes by the taxpayer is costing the Exchequer billions each year. In fact, they have estimated this figure at £8.5 billion in the 2018/19 tax year alone.

2020 COVID-19 Life Assurance Scheme

Although the 2020 COVID-19 Life Assurance Scheme (which awards a death lump sum of £60k) is separate to the NHSPS it is being administered by them. In the sad event that any of your clients should die and may qualify for the 2020 COVID-19 Life Assurance Scheme they have a dedicated email address for any queries.

Dental update – COVID-19

Dental practices in England were able to re-open on 8 June 2020, following appropriate risk assessments to ensure the safety of staff and patients.

Transforming Healthcare

30 July 2020: Examine how the healthcare sector is transforming and stay up to date with expert technical insight in this online conference from ICAEW.