Sanders Swinbank Blog

Welcome to the accountancy blog from Sanders Swinbank, leading accountants in Darlington. This blog provides the very latest news, views and advice from our senior team.

It’s finally landed – the brand new App from Sanders Swinbank

  As a firm we are constantly looking for ways we can improve the service we offer our customers. And we are proud to announce the launch of our brand new Sanders Swinbank App. It’s completely free of charge to download and it’s available for iPhone, iPads and Android phones and devices. So the next [...]

It wasn’t me – how I was the victim of identity fraud

I have recently been the victim of identity fraud. It came to light when I received a letter from Wonga which told me that I had not made any repayments on my loan from them and they were charging me with default penalties. I have never had, nor requested a loan from Wonga. So I [...]

Changing the world, and making it a better place

You might remember in my last blog I told you about my fight with a tree. Last week I gave 333 trees maintenance and protection for a year! This is just one of the causes that we supported as part of our commitment to Accountants Changing the World. Other things that we have done are: we [...]

Using cowboys can cause a lot of pain

I recently took some time off from the job of accountancy to do some tidying up jobs at home and in the garden. One of those jobs was to fell a tree which was obstructing the wonderful view that we have over the Cleveland Hills. So I was faced with a choice, I could call [...]

North East Doctors Income 2012 – Part 2

In my last blog I talked about the key findings that I had about the performance of doctors practices with General Medical Services Contracts (GMS). This time I want to share my findings on those doctors practices with Personal Medical Services (PMS) Contracts. As with the GMS results that I gave in Part 1 of [...]

North East Doctors Income 2012 – Part 1

I have just been doing some analysis from our database of doctors clients for those with accounts year ends between 31 December 2011 and 30 September 2012. The summary results from this analysis are: For those practices with a General Medical Services (GMS) contract who are not dispensing their net income or profit per patient [...]

Keeping your records in an orderly manner

…tidy records help in reducing accountancy fees.. Having been to two family funerals within the last 5 weeks it has prompted me to ponder on leaving this world in an orderly fashion. You would expect an accountant to be telling you to keep tidy records. And this is not to be scoffed at, tidy records [...]

How to make the taxman one of Les Miserables this January

Just like last year, if your tax return is submitted later than 31 January then H M Revenue and Customs will levy an automatic penalty of £100. This is no longer refundable if it turns out that you have no tax to pay. So the taxman will rub his hands with glee if you file your return [...]

Tax on doctors pension contributions – asking the NHS pension scheme to pay it may be costly

There are a number of doctors who have a pensions tax charge due by 31 January 2013. This applies where the value of the growth in their NHS pension fund (the pension input amount) is greater than £50,000 in the year to 5 April 2012. They can get relief from paying any additional tax on [...]