The Autumn 2024 budget immediately increased staff costs for GP practices by way of the increased employer’s National Insurance contributions, with practices having no access to the reliefs for this afforded to many other businesses.
As a result, practices have been left with real concerns as to what their staffing costs and structures may look like, in what is already a challenging time for workloads.
The response has been one of consternation but, with no clarity at the time of writing as to what, if any, funding may be given to cover some of this increase, practices need to understand how they will be affected, and what they can do in practice.
This online session, hosted by Kernow LMC and delivered by local specialist medical accountants Albert Goodman – on Wednesday, 5 February, from 1-2pm – will cover the implications of the increase for practices, and key considerations in light of this increase to their cost base.
Covering the detail of the increases, the importance of staff budgets and control over costs, and the various strategies that are open to practices on staffing and partner earnings, this session will give practices the tools they need to balance the need to effectively staff their practice, to maintaining partner earnings.
If you would like to attend the webinar, please register by emailing rich@kernowlmc.co.uk by noon on Wednesday, 29 January. The cost is £20. It will take place via Microsoft Teams.