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Specialist medical accounting blog

NHS pension tax and COVID-19

Annual allowance tax charges and COVID-19 in the NHS Pension Scheme Due to the current situation with COVID-19, we have seen a number of our clients opting back in to the NHS Pension Scheme. This is primarily because there are enhanced death in service benefits that active members receive, morbid as it may sound, and […]

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5 most important financial considerations for doctors during Covid-19

The impact of Covid-19 on my work as an NHS GP has been unimaginable. But there have also been some significant financial changes relevant to doctors in the last few months. I asked specialist medical Independent Financial Adviser Dan Atkinson five questions to give us ¬†a summary of the most relevant financial changes for doctors. […]

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NHS pension ill health and death in service benefits – PPE for your families finances

PPE for doctors finances What ill health benefits does the NHS pension provide? How are these benefits affected by leaving the NHS pension scheme? What about benefits for Locum doctors? As healthcare professionals, Covid-19 has affected our professional lives in unimaginable ways. My work as an NHS GP has been transformed. But the unfortunate reality […]

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Can doctors still get income protection during Covid-19 pandemic?

Can doctors still get Income Protection and Life Insurance during the Covid-19 pandemic? As healthcare professionals, Covid-19 has affected our professional lives in unimaginable ways. My work as an NHS GP has been transformed. But the unfortunate reality for healthcare workers is that Covid-19 can also affect our personal and family life. With a young […]

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Covid-19 financial update for doctors

Essential Coronavirus financial update for doctors –¬†including furlough, self employed support, deferment of tax payments and VAT. Although myself and Ed are back working full time in the NHS during the Covid-19 pandemic, the rest of the Medics’ Money team continue to support doctors with their financial health. Daily lives have changed for almost everyone […]

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