As medical professionals, you work hard to earn your income, but is your money working just as hard for you? We’ve compiled a list of six simple yet powerful strategies to enhance your finances and…
Continue readingAfter months of industrial action, consultants in England have accepted the latest government offer on pay. The new pay structure will reduce the number of pay points from eight to five and shorten the time…
Continue readingWhen the Chancellor announced that the Lifetime Allowance (LTA) was to be abolished on 5 April 20241, many medics were quick to celebrate the removal of a rule that had caused many a pensions headache,…
Continue readingAre you a medical professional owed an overpaid tax rebate? Any doctor, dentist or medic affected by the McCloud Remedy may have potentially overpaid annual allowance and lifetime allowance charges. Over 1 million members of…
Continue readingBack in 2022, the Department of Health and Social Care proposed changes to the contribution levels for the NHS pension scheme. The second and final phase of these changes is due to go ahead on…
Continue readingIt was not an exciting, surprise-packed budget. However, the budget did bring some good news for many while leaving other areas unmentioned. My top seven ‘headlines’ from this year’s budget are: 1. National Insurance Contributions…
Continue readingThe NHS has introduced the Cost Claim Back Scheme to provide relief for members directly impacted by the McCloud remedy. This scheme applies to anyone who has or is considering professional advice from accountancy firms…
Continue readingIt’s confirmed! Over 1 million members, deferred members and pensioners of the NHS pension scheme are affected by the McCloud Remedy. This includes anyone who was in the NHS pension scheme on or before 31st March…
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