The Association of Independent Specialist Medical Accountants' (AISMA) Winter 2025/26 edition of AISMA Doctor Newsline is the go-to newsletter for GPs and practice managers across England. This issue is packed with expert insights, practical advice, and timely updates designed to help medical professionals stay informed and empowered in a rapidly changing healthcare landscape, including the following:
General Practice funding review: What’s changing?
Our lead article brings together the perspectives of AISMA leaders on the ongoing general practice funding review. With the NHS landscape evolving, funding remains a critical concern for GP practices. AISMA experts highlight three key results that are essential for making a revised funding formula work effectively for practices in England. These recommendations aim to ensure fair allocation of resources and support the sustainability of primary care.
November 2025 Budget: Implications for Doctors
Financial planning is always top of mind for medical professionals. In this issue, AISMA member Morag Miller provides a detailed analysis of the November 2025 Budget. While the Chancellor’s announcements may appear modest, Morag explains how even ‘small’ tax changes can have far-reaching consequences for doctors. Her article offers practical guidance on what to watch for and how to prepare for the financial year ahead.
Ask AISMA!: Navigating partnership agreements
Partnership agreements are a cornerstone of successful GP practices. In the popular Ask AISMA! feature, columnist Abi Newbury addresses recent questions from senior GP partners about their agreements. Abi’s advice helps demystify common concerns and provides actionable tips for reviewing and updating partnership terms, ensuring practices remain compliant and well-managed.
Legal Insights: Subcontracting and contract basics
As GP federations and Primary Care Networks (PCNs) become more involved in new neighbourhood contracts, subcontracting is set to become increasingly common. Specialist medical lawyers Justin Cumberlege and Sophie Birkbeck offer a comprehensive overview of contract basics and what to consider when subcontracting. Their guidance is invaluable for GPs and practice managers navigating new contractual arrangements.

If you’d like to discuss any of the topics covered, our team is always available to help.