Medics Money podcast

Medics Money
Medics Money podcast

Medics‘ Money podcast helps doctors, dentists and other professionals make better financial decisions. Hosted By Dr Tommy Perkins and Dr Ed Cantelo, who is not only a doctor but also a Chartered Accountant and Tax adviser.

  1. 9 ÓRÁVAL EZELŐTT

    Ep 241: Partnership or Limited Company?!

    In this episode of the Medics Money podcast, Dr. Cyra Mackintosh, a doctor and chartered accountant, discusses with Andy Pow, a medical specialist accountant, the differences between GP partnerships, limited companies, and LLPs. They delve into the pros and cons of each structure, including liability concerns, tax implications, and how they affect the financial operations of GP practices. The episode aims to provide up-and-coming GPs with fundamental knowledge to navigate the business aspects of GP practice effectively.   Want the latest financial tips for doctors and exclusive invites? Join 56,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/ Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com Want to improve your finances fast? Then come on our course https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/ GP partner looking to improve your practice/ Then come on our course https://www.medicsmoney.co.uk/gp-partnership-programme/ Follow us on Instagram Follow us on Twitter   00:00 Welcome to the Medics Money Podcast 00:50 Introduction to Andy Pow 01:57 Understanding GP Practice Structures 03:39 Pros and Cons of GP Partnerships 05:14 Limited Companies in the GP Space 07:03 Risks and Considerations for Limited Companies 11:07 Tax Implications of Limited Companies 22:57 Exploring Limited Liability Partnerships (LLPs) 27:16 Final Thoughts and Advice

    29 perc
  2. OKT. 29.

    Ep 238: Remedial Pension Savings Statements... what do YOU need to do?!

    Tommy and Andy take you through everything you've need to know and do if you have, or haven't yet, received a brown envelope in the post... McCloud explained https://www.medicsmoney.co.uk/what-does-the-mccloud-judgement-mean-for-my-nhs-pension/ Find a Medics’ Money approved accountant to help https://www.medicsmoney.co.uk/medical-accountant/ HMRC triage tool (watch YouTube before using) https://www.gov.uk/guidance/calculate-your-public-service-pension-adjustment   Mastering NHS Pension Adjustments: Expert Guidance and Essential Steps This episode provides a comprehensive guide to navigating the complexities of NHS pension adjustments in light of the McCloud remedy. Host Tommy, along with specialist Andy Pow, delve into the background and implications of recent pension changes, offering essential tips for recalculating annual allowance tax charges and understanding eligibility for compensation. They explain the use of triage tools, the submission process for revised tax data, and the importance of meeting deadlines to avoid penalties. The discussion also highlights difficulties NHS staff face in obtaining accurate pension data, especially in Scotland, and the necessity of seeking professional financial advice. Listeners are encouraged to verify their pension records, understand tax implications, and use resources like the Medics Money website for expert guidance. Practical steps for managing pension-related disclosures and avoiding common pitfalls are provided.

    53 perc
  3. OKT. 8.

    Ep 235: Surviving a Crisis in GP Dr. Rebecca Keogh on GP Partnerships & Practice Management

    Overcoming Challenges as a GP Partner ft. Dr. Rebecca Keogh Join Dr. Tommy Perkins, Dr. Ed Cantelo, and Dr. Rebecca Keogh on the Medics' Money Podcast as they delve into the realities and challenges of being a GP partner running a practice. Dr. Keogh shares her journey through a challenging situation when her practice manager unexpectedly left, and how she navigated the crisis with the aid of the MedicsMoney GP partnership course. She discusses the importance of community support and professional help in handling the administrative and financial aspects of running a practice. Learn from her experience and gain insights into maintaining morale, managing finances, and adapting to unexpected changes in a healthcare setting. This episode is essential for healthcare professionals seeking to improve their practice management skills. Want the latest financial tips for doctors and exclusive invites? Join 56,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/ Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com Want to improve your finances fast? Then come on our course https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/ GP partner looking to improve your practice/ Then come on our course https://www.medicsmoney.co.uk/gp-partnership-programme/ Follow us on Instagram: https://www.instagram.com/medicsmoney/ Follow us on Twitter: https://x.com/medicsmoney 00:00 Introduction to the Challenges of Being a GP Partner 01:26 Meet Dr. Rebecca Keogh: Overcoming Practice Challenges 02:16 The MedicsMoney GP Partnership Course Impact 02:50 Facing Unexpected Challenges: Practice Manager Departure 04:11 Navigating Financial and HR Responsibilities 16:56 Recruitment and HR Solutions 24:05 Reflecting on the Journey and Future Outlook 27:29 Conclusion and Final Thoughts

    29 perc
  4. OKT. 1.

    Ep 234: 2024 Budget Predictions - Which taxes will rise? CGT, Pensions tax, IHT and more

    Predicting the 2024 Budget: Insights for Medics and Professionals In this episode of the MedicsMoney podcast, Dr. Tommy Perkins and Dr. Ed Cantelo discuss the potential changes in the upcoming budget by Labour Chancellor Rachel Reeves. They delve into the implications of a £22 billion black hole on the economy, explore possible tax adjustments, and debate the future of capital gains tax, pension tax relief, and inheritance tax. The episode also includes insights into effective financial planning for doctors, emphasizing the importance of early action on ISAs and private pensions. This podcast is aimed at helping medical professionals navigate potential financial changes and make informed decisions. Want the latest financial tips for doctors and exclusive invites? Join 56,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/ Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com Want to improve your finances fast? Then come on our course https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/ GP partner looking to improve your practice/ Then come on our course https://www.medicsmoney.co.uk/gp-partnership-programme/ Follow us on Instagram: https://www.instagram.com/medicsmoney/ Follow us on Twitter: https://x.com/medicsmoney   00:00 Introduction to the Upcoming Budget 00:21 Meet the Hosts and Their Summer Adventures 02:27 Discussing the Labour Government's 22 Billion Pound Black Hole 04:06 Current High Tax Burden and Predictions 09:36 Potential Changes in Capital Gains Tax 17:40 Speculations on Pension Tax Relief 24:21 Inheritance Tax and Other Speculations 33:28 Final Thoughts and Financial Advice 42:25 Conclusion and How to Stay Updated

    43 perc

Névjegy

Medics‘ Money podcast helps doctors, dentists and other professionals make better financial decisions. Hosted By Dr Tommy Perkins and Dr Ed Cantelo, who is not only a doctor but also a Chartered Accountant and Tax adviser.

Ezeket is kedvelheti

A szókimondó epizódok meghallgatásához jelentkezzen be.

Maradjon naprakész a műsorral kapcsolatban

Bejelentkezhet vagy regisztrálhat a műsorok követéséhez, az epizódok mentéséhez és az újdonságokról való értesüléshez.

Válasszon egy országot vagy régiót

Afrika, Közel-Kelet és India

Ázsiai csendes-óceáni régió

Európa

Latin-Amerika és Karib-térség

Egyesült Államok és Kanada