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Posts Tagged ‘medical consultants’


Tax Update: Alternative Minimum Tax – What it Would Mean for UK taxpayers?


In an attempt to recoup funds sorely needed after the country was ravaged by coronavirus, the Chancellor is considering new ways to gain potential missing income from the UK’s top earners.




News Update: ISAs Not Flavour of the Times


ISAs have lost their appeal over the years, due to waning interest rates and other tax breaks that mean some savers don’t need an ISA to avoid paying tax on savings interest. However, they shouldn’t be written off just yet as they do still play a role in financial planning for doctors and dentists.




News Update: Capital Gains Tax is Under Review


Capital Gains Tax (CGT) is under review with the Office of Tax Simplification (OTS) after a request from the Chancellor, Rishi Sunak, in what may be an attempt to claw back tax revenues to offset the unprecedented financial support provided during the Covid-19 pandemic. How could this affect you?




News Update: SEISS Second Grant Now Open


To assist self-employed businesses in a similar way to the furlough scheme for employees, the SEISS government grant has been extended to October. From 17th August, eligible business owners can now make a claim. What is the criteria for this round?




Is Life Insurance More or Less Accessible Following Covid-19?


The insurance industry has had to quickly adapt to the new world the pandemic forced them into. Seemingly overnight, they made changes to their process and policies to keep up with social isolation rules and increased demand. Insurers still expect to continually review their processes until a vaccine is available. So, has the coronavirus made […]




Doctors Protection Insurance for 2020


The coronavirus outbreak has really highlighted how important protection insurance is. Not only for medical professionals, but for everyone. It needn’t be a complicated process to secure coverage, but it is crucial you find the right level of cover to suit your individual circumstances.




NHS Pension Scheme – Annual Allowance and Covid-19


After doctors left the NHS Pension Scheme in droves due to the tapered allowance rules, many are returning following changes instituted because of COVID-19.




Property Update: Could Mortgage Rates Go Down Again in Coming Weeks?


In the past few months, the Bank of England has slashed the base rate twice. From 0.75% to 0.25%k then to just 0.1% – a record low. These rapid-fire cuts were made as a temporary measure to mitigate the impact of the coronavirus pandemic. But with the base rate already at rock bottom, is there […]




COVID-19 Forces Insurers to Pay Out


Over the last few months, it has become increasingly clear how important wealth protection policies have become. Healthcare professionals such as specialists, nurses, and medics on the front line, interact with and treat patients with COVID-19 every day. But are insurers paying out?




Tax Update: Taxman Given New Powers to Review Taxpayer Information


It seems like the Finance Bill 2020/21 will not only bring changes to the pensions industry, it will also benefit the taxman, possibly to the detriment of the taxpayers. The bill will essentially give the government carte blanche for accessing taxpayer information through a financial institution notice (Fin).




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