London, UK – 21 August 2025 – The new 2025–26 General Medical Services (GMS) Contract is set to bring significant financial changes for GP practices across the UK. Allenby Accountants, a specialist in healthcare and medical accounting, is helping medical practices understand what these changes mean for their bottom line and long-term financial planning.
The updated GMS contract introduces adjustments to funding allocations, staff reimbursement structures, and performance-based payments. While the aim is to strengthen primary care delivery, many practices are unsure how the contract will affect cash flow, tax planning, and overall financial sustainability.
"For busy GP practices, navigating the details of the new GMS contract can feel overwhelming," said Amit Gupta, Director at Allenby Accountants. "We believe it’s important to break it down into practical, financial insights that make sense in the real world. That way, practices can plan ahead with clarity instead of reacting under pressure."
Allenby Accountants is advising GP practices to pay close attention to three key financial areas under the new contract:
Funding Flow – Understanding how the revised allocations will affect income streams and practice budgets.
Workforce Costs – Planning for staff expenses, including the impact of reimbursement changes and pension contributions.
Tax & Compliance – Ensuring practices remain HMRC-compliant while optimising allowances under the new framework.
With decades of experience working alongside GPs, locums, and medical professionals, Allenby Accountants provides clear, actionable advice tailored to the healthcare sector. Their goal is to take the stress out of financial management so practices can focus on delivering patient care.
About Allenby Accountants
Allenby Accountants is a London-based accounting firm specialising in medical, dental, and healthcare accounting. Known for their personalised approach, they provide services in tax planning, bookkeeping, payroll, and financial strategy, helping medical professionals make smarter financial decisions.
👉 Learn more about Allenby Accountants’ medical accounting services here: www.allenbyaccountants.co.uk
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Address: Brook House 54a, Cowley Mill Road Uxbridge UB8 2FX
Phone No: 0208 914 8887
E-mail: [email protected]
Website: https://www.allenbyaccountants.co.uk/