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 […]
Category Archives: Personal Finance
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 […]
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 […]
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: Investments: take profits using CGT annual allowances If you are looking to supplement your income […]
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 […]
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: Using ISA allowances ISAs offer savers valuable protection from income tax and capital gains tax and, […]
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 contributions […]
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 companies. […]
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: Approaching retirement: boost pension saving now before triggering the Money Purchase Annual Allowance Anyone looking to […]
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 allowance […]