During this period of constant change we wanted to draw your attention to the latest guidance from HMRC on the Coronavirus Statutory Sick Pay Rebate Scheme that is available to employers who meet the criteria for the scheme.
Your practice may be eligible to make a claim.
You can use the scheme as an employer if:
- you’re claiming for an employee who’s eligible for sick pay due to coronavirus
- you have a PAYE payroll scheme that was created and started on or before 28 February 2020
- you had fewer than 250 employees on 28 February 2020
On this basis, most if not all GP Practices should be eligible. The online service to reclaim Statutory Sick Pay (SSP) should be available from today 26 May 2020.
Friends and colleagues of Dr Saad Al-Dubbaisi, a respected doctor from Bury, Manchester, have following his untimely death produced a safety assessment and decision score card based on a number of factors including age, ethnicity, gender and other medical factors. The scoring system is named after him.
We felt this tool will be invaluable in assessing the risk to your staff as mild, moderate or high risk when interacting with patients.
Click here for details of the card and how to use it
We at Sandison Easson & Co hope you keep well and safe and trust we have in some small way helped in bringing to your attention this invaluable asset to help keep you and your staff safe.
The topic of annual allowance has always been a complicated one and in light of the healthcare crisis we have recorded a new webinar which explains the changes to the Annual Allowance from 6 April 2020. We also touch upon the announcements made by NHS England and NHS Scotland in 2019/20 together with a recap on the basics of the Annual Allowance and Tapering.
As many of you will know we have spent many years understanding how the growth arises in the NHS Pension Scheme for Annual Allowance and Lifetime Allowance purposes. In a number of cases we have identified incorrect Annual Allowance statements which have then been rectified following our intervention to avoid erroneous tax liabilities that were either too high or not due at all.
If you require any assistance with your Annual Allowance reviews or Scheme Pays Elections then please get in touch.
Primary care networks or PCNs have been with us for a year or so now in England and we are now at the stage where the PCNs will need to produce an account of its finances. Over the last 12 months there has been much talk of how monies will be spent and in some cases the PCNs will have a surplus of funds which needs to be considered as HMRC may treat this as income earned by the practice and expect individual practices to pay tax on this surplus.
The accounting treatment of the PCN monies from an individual practice perspective is therefore important as is the sharing of resources and the clinical director role.
We can help with the preparation of the PCN finances and can discuss the best approach to minimise the tax impact on practices. If you would like to engage us to prepare the finances of the PCN, please get in touch.
Click the webinar above to hear details of the new bounce back loan scheme.
If you need any assistance at all then please do not hesitate to contact any of the partners or associates here at Sandison Easson & Co.
Finally, thank you for listening to our webinar and also the wonderful job you are doing for all of us and our families during this difficult time.