Blackpool accountants help doctors claim Government coronavirus support
A Blackpool based accountancy and business advisory firm has collaborated with one of the UK’s leading medical bodies to help doctors and medical practices claim financial relief for vital work to fight the COVID-19 pandemic.
Through its work with the Association of Independent Specialist Medical Accountants (AISMA), MHA Moore and Smalley has contributed to a reimbursement toolkit which can be used by practices to claim back costs for additional work during COVID-19.
AISMA has developed the toolkit with the British Medical Association (BMA), a trade union and professional body representing more than two thirds of UK doctors. The BMA is currently promoting the toolkit to its members.
The Association of Independent Specialist Medical Accountants (AISMA) is a UK network of accountancy firms specialising in the medical sector. Deborah Wood, partner at MHA Moore and Smalley, is also vice chairman of AISMA.
She said: “MHA Moore and Smalley has a dedicated healthcare team across the North West and East Midlands advising medical businesses on a wide range of key business issues.
“We have been heavily involved with AISMA since it was established in 1995 to share knowledge within the sector and promote the benefits of quality accountancy to medical professionals.
“We’re delighted to have supported AISMA on their work with the BMA to assist medical practices across the UK at a critical time and ensure they can efficiently claim back costs for their vital, life-saving work during the COVID-19 pandemic.”
The Government is expected to provide funding to medical practices to support additional patient care to fight COVID-19, such as staying open during Bank Holidays including the Easter Weekend.
More information is expected to be released by NHS England in the coming days defining the nature of available funding. The form covers both staff and non-staff costs and provides costings based on national agreed reimbursement rates.
Deborah added: “The UK medical sector is currently under extreme pressure but practitioners are facing the added strain of continuing to run their financial functions efficiently.
“MHA Moore and Smalley is able to provide temporary support to relieve the burden and deliver some of these functions which may have previously been done in house.”