A recently qualified GP came to see me last week and since she has now started working as a self employed locum, she wanted to know how her tax was dealt with. We went through the usual payment dates, the best way to record income and expenses, and then she asked a relatively straightforward question: how long should she keep her accounting records?
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Authors
Laurence Slavin (41)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
