10 financial tips for Consultants (and most other doctors)
Back with a bang after a hiatus. The most action packed episode ever? Certainly the most amount of links ever……
Tip 1 – Pay the correct amount of tax and be aware of the marginal rate of 60% between £100,000 and £125,000
https://www.medicsmoney.co.uk/tax-thresholds-doctors/
https://www.medicsmoney.co.uk/ep-2-how-to-claim-a-tax-rebate-and-reduce-your-tax-bill/
https://www.medicsmoney.co.uk/ep-4-how-to-correct-your-tax-code/
Tip 2 – Keep your paperwork. P60, P45, TRS and payslips
https://www.medicsmoney.co.uk/doctors-pay-slip/
https://www.totalrewardstatements.nhs.uk
Tip 3 – 3 pension checks that all doctors need to make
https://www.totalrewardstatements.nhs.uk
https://www.nhsbsa.nhs.uk/nhs-pensions
Tip 4 – Spend less than you earn
https://www.medicsmoney.co.uk/ebook/
Tip 5 – Protection
https://www.medicsmoney.co.uk/nhs-pension-ill-health-death-in-service/
Tommys biggest? financial mistake
https://www.medicsmoney.co.uk/income-protection-tom/
Finding a good IFA
https://www.medicsmoney.co.uk/independant-financial-advisers-ifa-for-doctors/
Tip 6 – Investing
Podcast
https://www.medicsmoney.co.uk/ep-16-earn-while-you-sleep-investing-for-doctors/
Webinar
Tip 7 – Lifestyle creep
https://www.medicsmoney.co.uk/ebook/
Tip 8 – Wills and inheritance tax
Tip 9 – Get a financial plan
https://www.medicsmoney.co.uk/ep-6-why-all-doctors-need-a-financial-plan/
Tip 10 – How to find good advice for the right price?
What does a good accountant look like?
https://www.medicsmoney.co.uk/accountants-for-doctors-how-do-i-find-a-good-medical-accountant/
What does a good financial adviser look like?
