From 6th April this year, the way income tax is reported to HMRC will change for many sole traders, landlords and other key groups. This will affect some GPs and practice managers, but do you know in what way, and how you can prepare?

On Wednesday 25th March at 12.30pm, Thornfields are hosting an interactive, expert-led webinar with Chartered Accountant Phil Harnby. It will tell you everything you need to know, and give you tips on how best to prepare. 

Among other things, Phil will cover:

• What is Making Tax Digital (MTD) and why is it being implemented?
• Will it affect me, and how?
• What are the thresholds, and might I be exempt?
• What are the consequence of non-compliance?

Click here to sign up

Please note: the new scheme is not applicable to Partnerships, so only single-handed GP practices, and GP’s/individuals with non-partnership income over £50k (locums, rental property etc.) fall within the requirements at present. However, the plan is it will roll out to all organisations. 

It’s a great opportunity to ask an expert about any financial queries or concerns you may have, and a chance to hear from other like-minded professionals.

To submit any questions you may have in advance of the session, please email helen@firstpracticemanagement.co.uk

About Your Presenter

Phil Harnby is a Director at Mitchells Grievson Chartered Accountants in County Durham.  Prior to this he was a Director of a large Newcastle-based practice specialising in the healthcare sector. Phil has also presented on financial topics at national events and written for various national publications. He looks after practices up and down the country and particularly enjoys the engagement with the managers he meets.