News & Blog

The latest press releases and opinion from Bishop Fleming

Funds offered to help develop GP practices of the future

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Companies, organisations and charities have less than three weeks to apply for up to £100,000 in funding to develop an innovative idea to help struggling GP practices cope with rising demand. Run in association with…

PCH Dental, Andy Hawkes bishop fleming

PCH Dental separates from Peninsula Community Health

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Bishop Fleming Corporate Finance has provided strategic advice to PCH Dental CIC, the dental arm of Peninsula Community Health, on the separation of the business from the existing group. PCH Dental was specifically formed and…

Key aspects of the 2016/17 GP contract

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The 2016/17 GP contract negotiations will give GPs a 1% pay uplift and reimbursement to meet rising costs. Other key outcomes from the negotiations with NHS Employers include: £220m extra investment into the GP contract…

Public service pension scheme discount hits GP cash flows

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In the last Budget, the Treasury announced plans to reduce the public service pension scheme discount rate, which is expected to increase employer contributions to unfunded public service pension schemes by £2bn from 2019/20. This…

Pension Annual Allowance struck by tapering

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The amount of tax-relief an individual can receive on pension savings each year is restricted by an ‘annual allowance’. For the majority of earners, the savings figure is £40,000, plus any unused allowance from the…

Lifetime allowance tax-free pension savings – if the cap fits…

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From 6 April 2016 the cap on lifetime allowance tax-free pension savings (NHS plus any private) was reduced from £1.25m to £1m. Transitional protection for pension rights in excess of £1m is available to ensure…

New accounting solutions package launched for GPs

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Following considerable research to ensure we are recommending the best possible software to our GP clients, we have launched a new accounting solutions package. The new cloud-based package is designed to take away the pain…

CQC fees increase

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The CQC has chosen to bring its six-fold fee increase in over just two years (rather than the expected four), meaning practices will have to pay approximately £2,000 more. The changes are as a result…

Steve Tucker, Manager at Bishop Fleming

GP Seniority Clawbacks

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The average superannuable income figures in England for 2012/13 have recently been published. The final figure (after deducting average seniority payments) is £91,050. This is down on the interim figure for 2012/13 of £96,646. Where…

Clawing back on GP Seniority

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Seniority payments continue to be phased out with the seniority scheme itself ending on 31 March 2020. In the meantime GPs should continue to check their individual positions for potential clawbacks. The average superannuable income…