Laurence Slavin

Laurence Slavin is a partner with Ramsay Brown and Partners Chartered Accountants who look after more than 600 GP practices and 2,600 GPs. Laurence is also an author and writer on GP matters and lectures in the UK and overseas on medical finance.
Follow him on twitter @laurieslavin

Why GPs should check that their seniority levels have been paid

By , Tuesday, 15 May 2012, Be the first to comment
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In last week’s blog  I mentioned the importance of getting the profits right to ensure that the GP got their full seniority, as seniority is now based on achieving a level of income rather than being full time/part time/three quarter time. Read more »

What does 80% of parity for new practice partners actually mean?

By , Tuesday, 8 May 2012, Be the first to comment
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Not for the first time, I have had a discussion with a client on how the rise to parity for a new partner should be calculated. Now I am not going to say that my way is right (I did that a couple of years ago and lost a potential client!) but let’s just say that there is more than one way to do the figures. Read more »

Those who can do, those who can’t police

By , Wednesday, 2 May 2012, Be the first to comment
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I remember a disparaging phrase from my past ‘those who can do, those who can’t teach’. My experience this week leaves me to think that a current adaption would be ‘those who can do, those who can’t police’. I mean this with no criticism to the Police Force but to those who blindly and wastefully apply regulations for their own sake. Read more »

The edges around tax avoidance are now blurred

By , Wednesday, 25 April 2012, Be the first to comment
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Some months ago now, I wrote a blog on the changing world of tax planning, how in the (good?) old days, tax evasion was illegal and tax avoidance was permissible, and how that has changed so that tax avoidance was now sometimes permissible and sometimes not. Read more »

Will owning GP practice premises continue to be as safe as houses?

By , Tuesday, 17 April 2012, Be the first to comment
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For as long as I can remember, GPs have been reimbursed for owning their own surgery, either through cost rent or notional rent. Indeed the old Red Book says ‘the purpose of the scheme is to reimburse practitioners by reference to what each practitioner pays or is deemed to pay’. Most property owning GPs will be assuming their reimbursements will continue, and at the end of the day, they will either keep an income generating asset after retirement, or sell their share and possibly make a gain. Read more »

Blue Peter and how to work out GP practice viability

By , Tuesday, 10 April 2012, Be the first to comment
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In recent blogs, I have written about the importance of cash flow and how the delayed payments from PCTs can have a sudden impact on the financing of the practice. Read more »

How the Budget’s annual allowance charge is going to affect GPs

By , Tuesday, 3 April 2012, Be the first to comment
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Last week, I was moaning about the chancellor’s attempt to pretend tax is simple, and to announce simplifications in the Budget which as we suspect, will be anything but. Read more »

An accountant’s guide to the Budget implications for GPs

By , Tuesday, 27 March 2012, Be the first to comment
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Last week was the highlight of the accountant’s year – I refer of course to the Budget.

Most Budgets just tinker with the figures, but this year there were some interesting ideas. Now before you all get too excited, many of the issues that get announced in the Budget never make it into practice, they get knocked out during the passage of the Finance Bill. Read more »

Major assault predicted on the GP contract in the next few years

By , Tuesday, 20 March 2012, Be the first to comment
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I am currently in the southern USA and enjoying their measured and considered attitude to issues of politics, social welfare and the world in general. Read more »

Why fixed protection for pensions could save GPs thousands

By , Tuesday, 13 March 2012, Be the first to comment
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I gave a lecture a few weeks ago on the hot topic of pensions, specifically the reduction in the lifetime allowance from £1.8m to £1.5m which takes effect in just a few weeks time on 6 April 2012.

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