Medics Money podcast

Ep 217: 2024 Election - What needs to change for NHS workers?

Jun 18, 2024

43:24

This week, Tommy, Ed, Matthew, Cyra and Andy sit down to discuss crucial financial changes needed in political manifestos to support healthcare workers. We cover FIVE main topics: student loan forgiveness, stealth taxation, marginal rates of tax, lifetime and annual allowances, and resolving pay and industrial action issues. We also debate the current financial burdens on doctors, nurses, and dentists, and suggests potential reforms that could alleviate these pressures.

TIMESTAMPS

00:00 Introduction and Breaking Conventions

00:19 Meet the Hosts and Guests

00:49 Financial Changes for Healthcare Workers

02:18 The Student Loan Crisis

09:53 Stealth Taxation Explained

15:43 Marginal Rates of Tax

23:53 Pension Tax Charges: Annual and Lifetime Allowance

31:58 Pay and Industrial Action

40:39 Final Thoughts and Key Takeaways

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