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Financial Management & Funding

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Funding uplift versus the cost reality

The critical question is not the size of the 2026-27 uplift but how much will translate into improved profitability once rising costs are accounted for, says Vinku Shah.

23 Jun 2026

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Tread very carefully

The last time pharmacy took a government to court, it put the sector into static funding for the next decade, says Nick Kaye.

15 May 2026

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Got to be in it to win it

Funding talks need to be more transparent if they are to be fully understood by pharmacy contractors, says Nick Kaye.

23 Apr 2026

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Fight for your pharmacy!

Financial expert Vinku Shah provides some strategies to help independents reduce their financial pressures.

14 Apr 2026

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Improving your cashflow – an update

Only independents who prioritise the diversification of income through additional services and control costs will survive, says Vinku Shah.

13 Jan 2026

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We need to plan for the worst!

Although the rate of pharmacy closures has slowed, we have lost an additional 70 contracts in England, says Nick Kaye.

25 Nov 2025

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Plan ahead for inheritance tax

Most gifts made over seven years before death escape tax, so if you plan ahead, gifts can be made tax-free and result in a substantial tax saving.

28 Oct 2025

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Pharmacies need multi-year funding deal

There was hope the new pharmacy contract in England might ease the pressure on pharmacies but it has fallen short, says Harry McQuillan.

02 Sep 2025

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Keep on top of your cashflow

If your cashflow is not monitored, you will find your independent pharmacy juggling to settle its liabilities as they become due, says financial expert Vinku Shah.

15 Jul 2025

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Contractors have a right to know how CPE committee members vote

It was heartening to hear CPE committee member Prakash Patel agree that members’ votes should be disclosed to contractors.

27 May 2025

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Offset employers’ national insurance rises

It may be worth considering a pension salary sacrifice, a tax-efficient strategy to cushion the impact, our financial expert says.

23 Apr 2025

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Editor's view: CPE should be scrutinised over economic analysis debacle

Did Community Pharmacy England press NHS England to publish the full report before agreeing to enter into funding talks, asks ICP editor Neil Trainis?

03 Mar 2025

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Avoid paying too much tax

Having paid your self-assessment tax liability for 2023-24 and payment on account for 2024-25 in January, you could be paying too much tax.

26 Feb 2025

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Fighting for recognition and better funding

Some pharmacists may be uncomfortable with work-to-rule action. But this is about ensuring pharmacy teams feel valued, says Nick Kaye.

10 Dec 2024

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Beat the Budget’s pressures

Our financial expert examines how independent pharmacies can deal with the impact of Labour’s autumn Budget.

13 Nov 2024

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Independents can become tax-efficient

We are just over halfway through the 2024-25 tax year. and this may be a good opportunity to review your personal tax positions, writes Vinku Shah.

22 Oct 2024

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