The British Dental Association (BDA) has warned that there needs to be a fundamental reform of NHS dentistry to address the current exodus of dentists from the service and the crisis in patient access. Thousands of dentists have left the NHS since Covid lockdowns, with almost half of dentists in […]

The Department of Health and Social Care (DHSC) has confirmed that GP practices will receive no additional funding to cover recommended pay rises for salaried GPs and other practice staff, a decision that could cost the average practice up to £40,000. The DHSC announcement follows a recommendation by the Review […]

High earning NHS workers, including GPs and practice manager partners, could face a £33,000 tax bill due to the way inflation is applied to their pension. The Government has rejected a call from the Association of Independent Specialist Medical Accountants (AISMA) to repeat the 2019/20 compensation scheme, which protected NHS […]

With inflation on the rise it’s important to consider pension tax charges for NHS pension members. This has been a huge issue for medical professionals over recent years, which you will be very aware of.  Many NHS pension scheme members have reduced hours, declined additional responsibilities, left the scheme or […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

On 6 April 2017 new rules came into play which meant that “public bodies” – and for the purpose of these rules, GP practices are classed as a public body – now have to decide whether off-payroll workers should be subject to the deduction of tax and national insurance contributions […]