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: Medical
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 […]
Blog, Business, Financial Planning, Investments, Later Life, Medical, Pay, PAYE, Payroll, Pensions, Personal Finance, Protection, Wealth
Financial planning for newly qualified dentists
24
May
May
Hurrah, after 5 long years you are now ready to go out and earn some money! What should newly qualified dentists be thinking about? How you are paid Ultimately the contract with the dental practice will determine your status for tax but if you are self-employed, it is up to […]
Blog, Family, Financial Planning, Investments, Later Life, Medical, Pensions, Personal Finance, Wealth
North East Medical Professionals – are changes to pension tax rules affecting you?
14
May
May
Has anyone noticed the increase in the number of articles lately relating to doctors and their pensions? One of the more recent headlines this April was the British Medical Association warning the Chancellor that senior doctors would have to cut their NHS working hours if the recent changes to pension […]
31
Oct
Oct
Where are we now with quarterly tax returns!? The Government’s vision is to have a digitised tax system – that is more effective, efficient and easier for taxpayers. It will mean GP practices will be required to make quarterly submissions to HM Revenue and Customs (HMRC) and will also result […]
11
Aug
Aug
THE subject of pension provision and tax liabilities are intertwined as never before following the continued reduction of the Annual Allowance for pension contributions, as well as the commencement of a tapered allowance for those with “adjusted” annual incomes in excess of £150,000. As ever with tax and pensions, it […]
Currently medical doctors, dentists and other health professionals, authorised under the Human Medicines Regulations 2012, can prescribe medication. Registered pharmacists or others with similar authorisation are already permitted to dispense zero-rated drugs and medicines to individuals for their personal use on prescription. From 21st May 2014, physiotherapists and podiatrists have […]
In a recent survey, nearly 1 out of 3 businesses said that they were completely unaware of the new Employment Allowance, which came into effect this week. The Employment Allowance will allow eligible businesses to reduce their National Insurance bill by up to £2000. However the Allowance is not […]
The government has today set out the pay awards for over one million public sector workers in line with the policy of a one percent pay rise in 2014-15. The following independent Pay Review Bodies (PRB) were asked to examine how a one percent pay increase could be applied […]
David Walker of Moore and Smalley looks at the new forms of protection in relation to the reduction in the Lifetime Allowance (LTA) from April 2014. The LTA is the maximum amount of tax relieved pension savings one may make in a lifetime. If you go over the prescribed limit […]
- 1
- 2