HMRC U TURN ON £2,000 NIC ALLOWANCE FOR PHARMACIES
It has recently been announced that HMRC have reversed their decision to exclude independent pharmacies from the new £2,000 Employer Allowance writes Sara Dennis, Pharmacy
Specialist at Bevan & Buckland. She goes on to explain that originally independent pharmacies were excluded from claiming this allowance because they carried out more than half of their work for the NHS and were therefore deemed a public sector business.
Numerous Pharmaceutical organisations have been campaigning for this and they have now been successful.
Sara concludes that this is great result for independent pharmacies as the £2,000 saving can help with cash flow and be reinvested in the business.
Bevan & Buckland have both experience and expertise in dealing with all types of accounting and taxation matters effecting independent pharmacies, please do not hesitate to contact Sara on the following:-
Telephone number – 01792 410100
Email address – sara.dennis@bevanbuckland.co.uk.
Bevan Buckland Accountants Swansea Tel: 01792 410100
Bevan Buckland Accountants Haverfordwest Tel: 01437 760666
Bevan Buckland Accountants Pembroke Tel: 01646 682383
Bevan Buckland Accountants Carmarthen Tel: 01267 233115
Bevan Buckland Accountants St David’s Tel: 01437 720352