Now thoroughly revised and updated

The new edition of this popular book ensures that GPs and practice managers alike have a practical guide to the financial issues affecting medical practice.

Understanding financial management in medical practice

Although GPs delegate many of their management and administration functions to practice managers and other highly qualified staff, it is crucial for them to remain aware of how they are paid, how their income is taxed, how their tax will be settled, and the numerous financial problems that can arise in partnerships.

The importance of sound financial management

Sound financial management is vital if these pitfalls are to be avoided.

Expert guidance for non-specialists

Written by specialists in the increasingly complex area of practice finance, this is an accessible guide for non-specialists, providing answers to routine queries and illustrating typical situations with worked examples.