In 2019 Robson Laidler Wealth wrote a blog entitled NHS Pensions – handy hints to plan your exit This has been one of our team’s most viewed blogs yet since 2019 there have been a few changes, which you should be aware of. One thing that hasn’t changed and […]
Category Archives: Healthcare
Blog, Financial Planning, Healthcare, Investments, Later Life, Pay, Pensions, Personal Finance, Retirement, Tax, Taxable Benefits, Wealth
The Autumn Budget Changes to Pensions
03
Nov
Nov
If you have a UK pension then you may need to be aware of three important changes that were announced in the recent Autumn Budget: No 1. The change to the age that you can take an income from an invested pension. We’ve been mentioning this to our clients […]
20
Oct
Oct
Under regulations that took effect from 1 October, GPs and practice employees with more than £150,000 in NHS earnings in the 2019/20 financial year are required to declare this income by 12 November. The full guidance is now available and can be found here: https://www.england.nhs.uk/publication/general-practice-pay-transparency-guidance/ The Robson […]
Blog, Budget, Employers, Financial Planning, Healthcare, Later Life, Pensions, Wealth
How can I look after my employees’ financial wellbeing?
21
Jun
Jun
In these tricky times, how do you as an employer remain profitable whilst trying to look after the wellbeing of your employees? Many employers ask us what an acceptable level of employee benefits is and of course this has to fit within their budget. The pension Since around 2012, […]
Blog, Financial Planning, Healthcare, Later Life, Medical, Pensions, Personal Finance, Retirement, Wealth
Financial Planning for GPs
14
Jun
Jun
GPs need to focus on their future financial planning just like the rest of us. Most GPs we talk to are working long hours in addition to patients with Covid, they are dealing with the fall out of long Covid, mental health issues exacerbated by the pandemic and also those […]
20
Feb
Feb
As a healthcare professional, how many times have you purchased a work-related expense and not claimed for it? Are you confident you are maximising your income by claiming all tax-deductible expenses that you have incurred as part of your job? Are you sure that your tax responsibilities are being fully […]
21
Dec
Dec
NHS Pension Members – Don’t forget to declare excesses from your 19/20 pension savings on your January Self Assessment return. If you have exceeded your Annual Allowance for 19/20 and you don’t have sufficient unused annual allowance to carry forward to cover the excess, you must declare this on your […]
25
Mar
Mar
Our healthcare team have prepared an update document setting out the measures being proposed for general dental practices and community dental services regarding the emerging COVID-19 situation. We have also provided comments in regards to the application of these. An electronic copy of the NHS England preparedness letter, and all other […]
10
Mar
Mar
Our mission at Robson Laidler is to enable individuals and businesses to gain more freedom, through expert advice at every stage of their journey. We therefore aim to help create freedom of time, mind and financial freedom for all of our clients including our healthcare clients. In recent […]
Blog, Financial Planning, Healthcare, Later Life, Pay, PAYE, Payroll, Pensions, Personal Finance, Retirement, Tax, Taxable Benefits, Wealth
NHS Pensions – handy hints to plan your exit
10
Sep
Sep
For most of the doctors I meet, their NHS Pension will underpin their retirement planning. So, it’s probably a good idea to get clued up/take some advice if you have a specific date/lifestyle in mind! Here’s what you should be thinking about: We think it’s a good idea to determine […]