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Ep 30 – 10 financial tips for Consultants (and most other doctors and dentists)

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

https://youtu.be/AkN6-0B3jcM

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?

Independant financial advisers ( IFA ) for doctors

What medical school didn’t teach us about money

“What medical school didn’t teach us about money” will give doctors a step by step plan to transforming your financial future. Enter your details to download your copy now

The Medics’ Money New to GP Partnership Course is run for GP Partners by GP Partners

The Medics’ Money New to Partnership Course will empower GPs to learn the essential business skills to run your GP business. Using our skills as GPs, accountants & tax advisers, we’ve selected the best advisers to teach and support you on the Medics’ Money New to GP Partnership Course.

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