Final Pay Controls have been in place since 1 April 2014 and were introduced to stop abuse of the Final Salary Scheme by practices. However, many practices are still unaware of their existence and often the first time they hear of them is when a large bill lands on the doorstep.
This webinar looks at the rules, why they were introduced and more importantly how to identify who may be caught, together with a look at the proposed changes to the scheme regulations 2021 aimed at reducing instances where these charges will be levied.
Practice Manager partners provide one of the biggest challenges when it comes to Final Pay Controls, this webinar will look at this in more detail and in particular the need to address this in the partnership agreement.
This webinar will include case studies and is a must for anyone who advises GP practices.
Delegates will also have the opportunity to have their questions answered at the end of the webinar.
Oliver Pool, GP Partnership Agreement Solicitor, Veale Wasbrough Vizards LLPOliver is a commercial and partnerships specialist who spends almost all his time advising GP practices. He can help with all aspects of the partnership relationship, from putting in place your GP partnership deed, to advising you on its terms, to dealing with disputes between partners. With Primary Care Networks (PCNs) being high on the agenda for many GP practices, Oliver can help you consider your options, from supporting you with the initial set-up and structure through to models and drafting up your agreements. He also advises on joint venture arrangements between practices, federations, co-operatives, clusters and has dealt with over 100 mergers of GP practices, and has done a lot of work on the "decentralised" or super partnership model of GP mergers. Oliver can also advise on the terms of NHS contracts. Oliver has been acting for GPs practices for over 12 years and has been involved in drawing up or amending over 250 GP partnership deeds.
James Gransby, Partner, RSMJames is a tax partner dealing exclusively with medical professionals. Having worked in the sector for over 20 years, James is able to give specialist advice to doctors and their practices on financial matters including tax planning, pensions tax and practice mergers, to name a few. James has also performed advisory work in areas such as premises developments, new models of care (particularly Primary Care Networks), succession planning and GPs entering partnership. James is RSM’s nominated specialist for the Bromley office’s membership of AISMA (The Association of Independent Specialist Medical Accountants) of which he is also Vice Chair. James has worked with GPs for over 20 years, helping them navigate the changing NHS landscape. He also speaks at a number of events each year around the country. Having been sector head at his previous firm, James joined RSM in 2019 and works with the specialist tax and accounts teams to deliver high quality work to our clients. James is a regular contributor to industry press articles having written for Pulse, Practice Management, Medeconomics, Independent Practitioner Today, GP Online, Practice Business, amongst others.
ICAEW members and non-members are welcome to join.
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