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Category: GP financial information

10 Things to Consider When Applying for Property Finance

Sorting out the right finance for premises can be confusing and time consuming. What are the main things to look at to make sure you get the right deal for your practice?

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Everything doctors need to know about National Insurance

In this blog we go into the basics of National Insurance to give everyone an understanding of what it is and how it is calculated before discussing circumstances in which you might be overpaying your contributions and what to do about it if you are

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What is income protection insurance and why do you need it?

How would you survive if your income suddenly stopped due to long term illness and you couldn’t work again for several years or perhaps never return to work?

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Accountants for doctors – how do I find a good medical accountant?

Accountants for doctors – how do I find a good medical accountant? by Dr Ed Cantelo GP Trainee, Chartered Accountant Chartered Tax Advisor As a Doctor, Chartered Accountant and Chartered tax advisor, I often see colleagues who are paying too much tax as a result of making mistakes themselves or using  non-specialist accountants. We built […]

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Mortgages for doctors – 8 tips including for locum doctors, self employed doctors, GP and other medical professionals.

Mortgages for doctors. Sometimes it’s tricky to get a mortgage for doctors, especially if you are a locum doctor or self employed doctor. What can you do to improve your credit score and clean up your outgoings? How many years accounts do you need? How much deposit do you need? We asked specialist medical mortgage […]

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Starting out as a GP Locum including how to pension work, paying tax, claiming expenses and finding work

Starting out as a Locum GP can be daunting. Medics’ Money asked specialist medical accountant Sam Taylor and Pete Farrier from Morris Crocker to give us a guide to working as a locum GP. Including registering as self employed, paying tax how to pension work, should I work as limited company, IR35 and how to […]

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Should I opt out and leave the NHS pension scheme?

Here at Medics’ Money, we are aware of colleagues that opt out and leave the NHS pension scheme, often without being fully informed of the risks and benefits of doing so. Medics’ Money is run by doctors for doctors and we asked, Paul Gilman from specialist Independent Financial Advisers Legal and Medical to outline some things […]

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Limited company for GP Locum doctors and Consultants.

Self-employment V’s Limited Company for doctors Many doctors forums are abuzz with ways to save tax and here at Medics’ Money one of the common questions we get asked from self-employed Consultants GPs and Locums is “Should I start a limited company to pay less tax” Our advice? Everyones situation is different and you should […]

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