Pharmacy news

Hawsons advise on sale of Pharmacy Group

Hawsons advise on sale of Pharmacy Group

Hawsons have advised the shareholders of the J M McGill Group of Pharmacies on their sale to Mr Pickford’s Pharmacies, backed by Connection Capital. The sale was part of a £14.2m transaction which sees Mr Pickford’s acquiring 14 pharmacies to add to their existing...

Competitive market on pharmacy sales as demand outstrips supply

Competitive market on pharmacy sales as demand outstrips supply

The number of new buyers seeking to purchase their own pharmacy increased by 56.9% from March 2019/20 to March 2020/21 according to sales agents, Hutchings Consultants. Despite the fact that the COVID-19 pandemic has brought increasing challenges to pharmacies, the...

Tax Rates and Allowances 2021/22

Tax Rates and Allowances 2021/22

Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...

Budget 2021

Budget 2021

Budget 2021 The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech, he stated his Budget 'meets the moment with a three-part plan to protect the jobs and livelihoods of the British people'. Main Budget proposals Tax measures...

Additional Funding Available for Pharmacies

Additional Funding Available for Pharmacies

Community pharmacies that meet certain requirements will be entitled to claim additional funding of £1,630 per contractor through the Pharmacy Quality Scheme. There are 14 requirements that pharmacies will need to meet to be eligible the Pharmaceutical Services...

Tax Rates and Allowances 2021/22

Tax Rates 2020/21

Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...