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