Dr John Canning, chairman of the BMA's professional fees committee, explains the idea in a four-minute video posted on YouTube.
In a section entitled How do I work out a fair fee to charge?, he says: ‘It's a combination of two things: What is a market rate? And how much profit you expect to have?'
He explains that issues to consider include expenses, for example staff costs, and says that the BMA is designing a calculator to help people address this.
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