Category Archives: Pensions

North East Medical Professionals – are changes to pension tax rules affecting you?

NHS Pension blog

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 […]

Can I order a prescription for financial piece of mind?

NHS Pensions

We know / that as busy medical professionals, it’s difficult to find time to prioritise your own plans.  For most doctors, your NHS Pension will underpin your plans to reduce hours/stop work altogether later on. However, there have been so many changes to the NHS Pension and pension legislation in […]

When Is Your Financial Independence Day?

If you are like me you may sometimes think about what life will look like in the future when you don’t have to work?  You may think of the hobbies you have or will take up or the extra time you can spend with your family.  You may be considering […]

Tax year end planning 2019 – Recover your personal allowances and child benefit

Clock GIF

With tax year end just around the corner, it’s time to check you are making the most of your tax reliefs and allowances to save for a brighter future. You may want to consider: Recovering personal allowances and child benefit Pension contributions reduce an individual’s taxable income. In turn, this […]

Tax year end planning 2019 – Business owners can take profits as pension contributions

Clock GIF

With tax year end just around the corner, it’s time to check you are making the most of your tax reliefs and allowances to save for a brighter future. You may want to consider:   Business owners: take profits as pension contributions For many directors, taking significant profits as pension […]

Tax year end planning 2019 – Employees: sacrifice your bonus for an employer pension contribution

Clock GIF

With tax year end just around the corner, it’s time to check you are making the most of your tax reliefs and allowances to save for a brighter future. You may want to consider:   Employees: sacrifice your bonus for an employer pension contribution We’re approaching ‘bonus season’ for many […]

Tax year end planning 2019 – High earners: making a pension contribution before the tax year end could increase your annual allowance

Clock GIF

With tax year end just around the corner, it’s time to check you are making the most of your tax reliefs and allowances to save for a brighter future.   You may want to consider: High earners: making a pension contribution before the tax year end could increase your annual […]

Tax year end planning 2019 – Pension saving: maximise tax relief

Clock GIF

With tax year end just around the corner, it’s time to check you are making the most of your tax reliefs and allowances to save for a brighter future.   You may want to consider: Pension saving to maximise tax relief Additional and higher rate taxpayers may wish to contribute […]

Top Tips for Financial Planning

Financial planning meeting

It’s 2019. Perhaps you are recovering from the festive excess in more ways than one?! You think, OK, it’s time to take stock. Sort things out. Stop putting important things off. Or is that just me? You may have already done some thinking ahead, booked the holiday, made enquiries about […]