Medics Money podcast

Today we answer the following questions from podcast listeners working in Scotland: Do you really pay more tax in Scotland?  I have an NHS Pension and have moved from England to Scotland. Are there any implications of this?  What is the impact of electing for scheme to pay and does it differ from Scheme pays in England?  What should I do in relation to the McCloud/Sargeant Judgement?  What do you...

  Want to stay up to date with the latest financial information for doctors? Join 28,000 doctors receiving free financial CPD via email by downloading our free ebook here https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter  https://twitter.com/medicsmoney Like us on Facebook https://www.facebook.com/medicsmoney  

Links for todays episode Fionas Podcast https://podcasts.apple.com/gb/podcast/the-healthtech-vc/id1533197764   Crista Galli Ventures   www.cristagalli.com     Want to stay up to date with the latest financial information for doctors? Join 28,000 doctors receiving free financial CPD via email by downloading our free ebook here https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter  https://twitt...

Today podcast is all about Capital Gains tax on property. When does an individual pay capital gains tax on a residential property? How is the potential gain calculated? What the difference categories of residential properties? Are there any reliefs available when selling a residential property? What if the property was gifted or inherited? Is there still capital gains tax to pay? What if I gift a...

  Some links Emma mentioned during our podcast:   Character strengths survey: https://www.viacharacter.org/ Box breathing video:  https://www.youtube.com/watch?v=sXirU-uX2vU&t=51s   Getting in touch with Emma:   LinkedIn:  https://www.linkedin.com/in/dremmathurston/   Instagram: @dremmathurston   My website: www.halcyonwellness.co.uk    

We are getting loads of questions from you about how to retire early, and not just from older doctors. Perhaps this reflects how difficult working in the NHS is right now. Financial Independence Retire Early or FIRE  is something we’ve  talked about on the podcast Ep 7 and also on our blog and you may know that I’m a big fan of trying to reach Financial Independence FI. But one thing I don’t see d...

Want to stay up to date with the latest financial information for doctors? Join 28,000 doctors receiving free financial CPD via email by downloading our free ebook here https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter  https://twitter.com/medicsmoney Like us on Facebook https://www.facebook.com/medicsmoney  

Bitcoin and cryptocurrency is one of the hottest topics right now. In this episode we find out why Tommy doesn't own any cryptocurrency and doesn't plan to. But we also hear how block chain works and hear from Dr Albeyatti why he does like bitcoin.  The Medics' Money podcast is for entertainment only and does not represent any form of financial advice.  Contact Abdullah here https://www.linkedin.c...

A summary of all things PCN related.  Apply to join our new to GP Partnership scheme here https://www.medicsmoney.co.uk/gp-partnership-programme/   Contact Andrew at Larking Gowan here   https://www.medicsmoney.co.uk/accountant/mha-larking-gowen/

Sign up to the webinar here https://www.peoples-property-plaza.com/webinar If you are interested in investing in property then this podcast is for you as we hear from Dr Jas Gill who’s managed to balance a career as a doctor with a career as a property entrepreneur and as a mum. Jas is co-host of the  Peoples Property Plaza and with her business partner Alok Chander they tell us how they got start...

Another episode of the Medics' Money financial clinic today. Links mentioned in the show https://www.medicsmoney.co.uk/ebook/   https://www.medicsmoney.co.uk/national-insurance-doctors/    

NHS GPs have been having major problems with the administration of pensions via PCSE. Today we talk about what GPs can do about this and how to complain and claim compensation. Useful emails  pcse.complaints@nhs.net

IR35 is a big issue for locum doctors and today we discuss the latest updates to IR35 or OPR. Want to stay up to date with the latest financial information for doctors? Join 28,000 doctors receiving free financial CPD via email by downloading our free ebook here https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter  https://twitter.com/medicsmoney Like us on Facebook https://www.facebook.com/m...

Should you become a GP partner? https://www.medicsmoney.co.uk/gp-partnership-programme Todays podcast is MASSIVE and we cover all the key topics GPs should consider when joining a partnership.  If you are a new GP partner we have a  course to teach you everything you need and you can apply here   https://www.medicsmoney.co.uk/gp-partnership-programme/   If you are an established partner and have a...

What are the tax implications of coming to working in the UK? What makes you tax resident? How much!! do doctors get paid in Canada? Whats life like for doctors in Canada? Contact the experts featured today here https://www.bw-medical.co.uk Read reviews and schedule an appointment with BW here https://www.medicsmoney.co.uk/accountant/bw-medical-accountants-ltd/

Medics Money approved https://www.medicsmoney.co.uk/medics-money-approved/   What does a good financial adviser look like? https://www.medicsmoney.co.uk/independant-financial-advisers-ifa-for-doctors/   Contact Guy here https://www.medicsmoney.co.uk/accountant/sunrise-independent-financial-advisers/   Want to stay up to date with the latest financial information for doctors? Join 28,000 doctors re...

Mortgages for doctors - we tell you how to get the best deal.  How much can you borrow? Why your bank many not be the best place to get a mortgage Why you should clean up your outgoings before applying for a mortgage. With medics specifically, how do lenders treat additional (non-basic) pay? What deductions are taken into account by lenders? And how does this affect the agreed lending? With medics...

Todays episode we give you a quick summary of the latest NHS Pension issues. We talk about McCloud and what you need to do about it The REALLY important deadline approaching 3 pension checks ALL doctors can do themselves Salary sacrifice tax trap with cars Details of AA compensation scheme here https://www.england.nhs.uk/pensions/   Rachaels details   https://www.medicsmoney.co.uk/accountant/sandr...

Want to start private practice but don't know where to start? This episode is for you as Mr Giles Davies tells us how he can help you to get started in Private Practice today. Get a 25% discount on the Private Practice Pro course today  https://www.privatepracticepro.co.uk/medicsmoney   Join the free 25 minute taster webinar to learn, 1. Where you should work 2. How to get practising privileges qu...

Resources in todays episode  https://www.medicsmoney.co.uk/is-your-doctors-tax-code-correct/ https://www.medicsmoney.co.uk/ebook/ Want to stay up to date with the latest financial information for doctors? Join 28,000 doctors receiving free financial CPD via email by downloading our free ebook here https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter  https://twitter.com/medicsmoney Like us on...

Todays episode we talk about Wills. We find out how Tommy finally got around to arranging his will. Talbots Law are Medics' Money approved solicitors and Medics' Money podcast listeners can book a free consultation with them here https://www.medicsmoney.co.uk/will-writing-service-for-medical-professionals/ Why make a will? Why use a Solicitor (rather than a Will Writer or even a WHSmith template\h...

Slightly different episode as we talk to Dr Dom Pimenta about the amazing work the Healthcare Workers Foundation has been doing during the pandemic.  If you are a healthcare worker in need of support please check them out here https://healthcareworkersfoundation.org Over 850 healthcare workers have died as a result of Covid-19 and extra support is available to them here families@healthcareworkersf...

How can GP Partners get the best deal on a premises loan?  By listening to this podcast and reading this article.  https://www.medicsmoney.co.uk/premises-loan-finance-ten-things-to-consider/ We talk about the importance of using Independent whole of market brokers.  Ian tells us why your own bank may not be the best place to get a good deal. This is a sponsored episode. Transparency is important t...

Do private consultants need to charge VAT?  Todays episode started with a simple question from a podcast listener but escalated quickly into a discussion about Annual allowance pension tax charges Marginal tax rates Use of Limited Companies IR35 Income protection Wills and POA Pensions tax trap with salary sacrifice It's a bumper episode, split into two parts.  The accountant featured today is And...

Do private consultants need to charge VAT?  Todays episode started with a simple question from a podcast listener but escalated quickly into a discussion about Annual allowance pension tax charges Marginal tax rates Use of Limited Companies IR35 Income protection Wills and POA It's a bumper episode, split into two parts.  The accountant featured today is Andy Pow and you can contact him here https...