Tax saving tips for doctors
What will be your biggest expense in life? Mortgage? Household bills? Transport costs? Holidays? No, it’s likely your biggest expense …
We match your requirements to a whole-of-market independent adviser that understands the difficulties doctors can face when getting a mortgage. Medics’ Money is run by doctors who noticed that doctors found it hard to know which mortgage advisers were good and how to get the best deal. So, we invited the best Independent whole of market mortgage advisers who satisfied our rigorous criteria to join Medics’ Money. We match your individual requirements to the best adviser for you. You can read reviews from other GMC registered doctors and compare prices.
Check out this blog post which is a bumper guide to mortgages for doctors.
Doctors’ finances can be a complex area – for example the NHS pension, private practice income, GP practice accounts amongst other things. Unfortunately many mortgage advisors claim to be specialists but are not.
Medics’ Money only matches you to independant specialist medical mortgage advisors that fulfil your requirements, verified by us with reviews from doctors like you. Book your free initial consultation with a Medics’ Money mortgage advisor here.
Medics’ Money is run by Dr Tommy Perkins and Dr Ed Cantelo, who is not only a GP trainee but also a Chartered Accountant and Chartered Tax Advisor with nine years’ experience at PricewaterhouseCoopers LLP London.
With doctors wages falling by up to 30% in 10 years*, combined with the pensions issue for senior doctors, the loss of free accommodation and the rising cost of training for junior doctors, we decided to use our unique skillset to help our colleagues.
What medical school didn’t teach us about money” gives doctors a step by step plan to transform their financial future.
Over the last 10 years some doctors pay has dropped 30% in real terms, according to the BMA. If, like me you live in an area with a high cost of living, like London or the southeast, it’s likely the problem is even worse. Add in the rising cost of medical school and the increasing pension contributions with punitive taxation it’s clear that now, more than ever, doctors of all ages need to be financially astute.
What will be your biggest expense in life? Mortgage? Household bills? Transport costs? Holidays? No, it’s likely your biggest expense …
This article does not constitute advice. Professional advice should be taken prior to acting on any part of it. Your …
This article does not constitute advice. Professional advice should be taken prior to acting on any part of it. Your …
All Medics’ Money mortgage advisors have been handpicked by us and undergone rigorous verification checks. Each accountant has independent reviews from verified doctors like you, which we constantly monitor to ensure the highest standards. Our software only matches you with the most suitable accountants for your specific accounting needs. Doctors’ tax is a complex area – the NHS pension, tax code errors by payroll, private practice income and NHS income, superannuation, GP practice accounts. Our specialist accountants have the specific knowledge and experience in these areas to make sure your finances are taken care of.
Yes, Medics’ Money is led by Dr Tommy Perkins, a GP, and Dr Ed Cantelo who is not only a GP trainee but also a Chartered Accountant and Chartered Tax Advisor with nine years’ experience at PricewaterhouseCoopers LLP London.
Medics’ Money is run by Dr Tommy Perkins and Dr Ed Cantelo, who is not only a GP trainee but also a Chartered Accountant and Chartered Tax Advisor with nine years’ experience at PricewaterhouseCoopers LLP London.
With doctors wages falling by up to 30% in 10 years*, combined with the pensions issue for senior doctors, the loss of free accommodation and the rising cost of training for junior doctors, we decided to use our unique skillset to help our colleagues.
Our software will display guide prices to give you an idea of how much it will cost. Compare prices here https://www.medicsmoney.co.uk/accountant-search/ These are example prices. The exact price will depend on your specific circumstances. Our service allows you to compare Medics’ Money verified accountants and in some cases get a quote online for free. For straightword clearly defined tasks you can expect to have a fixed fee quote from your accountant. But more complex tasks will be priced on an individual basis specific to your situation. As a general rule of thumb once you are a higher rate tax-payer, earning over £46,350 per year with several postgraduate examinations and perhaps some ad-hoc locum work you would likely benefit from an accountant.
Let us match your requirements to an independent specialist medical mortgage advisor – handpicked and verified by us and reviewed by doctors like you.
