Medics Money podcast

Medics Money

The 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.

Episodes

Mentioned books

Oct 31, 2023 • 27min

Ep 182: Tax returns made easy for Doctors

This episode is a conversation between Tommy, Anna Marie Burke, and Morag Miller from Armstrong Watson Specialist Medical Accountants. They discuss the topic of tax returns for doctors and introduce a new software called Tax for Doctors that helps doctors easily fill in and submit their tax returns. They also provide information on who needs to submit a tax return, allowable expenses for doctors, and the benefits of submitting the tax return early. Tax For Doctors: https://www.armstrongwatson.co.uk/sec... Want to stay up to date with the latest financial information for doctors? Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here: https://www.medicsmoney.co.uk/ebook/ Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney Follow us on Twitter https://twitter.com/medicsmoney Follow us on Instagram https://www.instagram.com/medicsmoney Like us on Facebook https://www.facebook.com/medicsmoney

Oct 24, 2023 • 35min

Ep 181: Capital gains tax loopholes - fast cars, watches, houses and wasting chattels

In this week's episode, Ed and Tommy go through everything you need to know about Capital Gains Tax and the intriguing world of tax loopholes. Join us as we delve into the realm of fast cars, luxury watches, houses, and the art of wasting chattels to uncover the secrets and strategies of savvy investors. Want to stay up to date with the latest financial information for doctors? Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here: https://www.medicsmoney.co.uk/ebook/ Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney Follow us on Twitter https://twitter.com/medicsmoney Follow us on Instagram https://www.instagram.com/medicsmoney Like us on Facebook https://www.facebook.com/medicsmoney

Oct 17, 2023 • 30min

Ep 180: Common NHS Pension Mistakes - Expert explains

The podcast discusses common errors in the NHS pension system, highlighting the financial implications and tax charges. It explores the complexities of pension calculations, offers remedies for mistakes, and emphasizes the importance of accurate record-keeping. The episode also covers pitfalls in recording additional work, ways to avoid errors, and challenges GPs face with PCSE and record inaccuracies.

Oct 10, 2023 • 48min

Ep 179: Financial tips for IMG doctors - salary, payslip, tax, NHS pension and visas

This week Tommy is joined by Naveen. In this episode, we've got valuable insights for international medical graduates looking to thrive in the UK. Join us as we discuss visas, job opportunities, housing, earnings, and how they compare to other countries like India. Plus, we simplify the UK's tax system and offer free tax-saving tips on our website. Want to stay up to date with the latest financial information for doctors? Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here: https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter https://twitter.com/medicsmoney Follow us on Instagram https://www.instagram.com/medicsmoney Like us on Facebook https://www.facebook.com/medicsmoney

Oct 3, 2023 • 40min

Ep 175: If you don’t understand this tax you’ll pay too much - Inheritance Tax Breakdown

Tommy and Ed take you through everything you need to know about Inheritance Tax this week, including an exemption for colleagues who lost their lives during the pandemic. Want to stay up to date with the latest financial information for doctors? Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here https://www.medicsmoney.co.uk/ebook/ Follow us on Twitter https://twitter.com/medicsmoney Like us on Facebook https://www.facebook.com/medicsmoney Music credit: MetzMusic on YouTube.

Sep 5, 2023 • 18min

Ep 174: VITAL PENSIONS UPDATE

In this engaging discussion, Andy Powell, a pensions expert and financial advisor for doctors, shares crucial updates on the NHS pension system. He explains the implications of the McLeod rectification and its effects on tax charges, emphasizing the importance of understanding eligibility for the McLeod remedy. The conversation also covers recent government actions regarding age discrimination, allowing individuals to revert to legacy schemes. Andy highlights the need for accurate financial records and encourages doctors to seek expert advice to navigate complex pension regulations.

Aug 31, 2023 • 9min

TRIAGE: Stamp Duty, Teslas, Basis Period Reform

Medics' Money Triage aims to give you bite-sized popular topics from our main episodes, hosted by me, Matthew! Original Episode: https://www.medicsmoney.co.uk/ep-166-additional-pension-contributions-and-tax-y-teslas-qa-1-2/ Subscribe to our YouTube: https://www.youtube.com/@MedicsMoney Download our exclusive new ebook just for medical students here: https://www.medicsmoney.co.uk/what-medical-school-doesnt-teach-us/ Follow us on Twitter https://twitter.com/medicsmoney Like us on Facebook https://www.facebook.com/medicsmoney Music credit: MetzMusic on YouTube.

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