Medics Money podcast

Today podcast is all about Capital Gains tax on property. When does an individual pay capital gains tax on a residential property? How is the potential gain calculated? What the difference categories of residential properties? Are there any reliefs available when selling a residential property? What if the property was gifted or inherited? Is there still capital gains tax to pay? What if I gift a property to a family member or a third party? Surely if I’ve received no proceeds then no CGT is payable? What are the rates of capital gains tax? Do you see this changing in the near future?  What about inter spouse transfers? When does capital gains tax become payable? What are the new filing requirements? Want to stay up to date with the latest financial information for doctors? Join 28,000 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

Some links Emma mentioned during our podcast:   Character strengths survey: https://www.viacharacter.org/ Box breathing video: https://www.youtube.com/watch?v=sXirU-uX2vU&t=51s   Getting in touch with Emma:   LinkedIn: https://www.linkedin.com/in/dremmathurston/   Instagram: @dremmathurston   My website:www.halcyonwellness.co.uk

We are getting loads of questions from you about how to retire early, and not just from older doctors. Perhaps this reflects how difficult working in the NHS is right now. Financial Independence Retire Early or FIRE  is something we’ve  talked about on the podcast Ep 7 and also on our blog and you may know that I’m a big fan of trying to reach Financial Independence FI. But one thing I don’t see discussed much is how the NHS Pension can help you to retire early. So on todays podcast we discuss everything from when cna you retire from the NHS, how can you top up your pension including a discussion about using erbos. We also talk about private pensions and ISAs and we also talk about my own early retirement strategy, which is pretty simple. As ever this podcast is for information only and does not represent financial advice. The value of investments can rise and fall and you may get back less than you invested. If you like this podcast don’t forget to rate review and subscribe and as we continue on our mission to empower doctors to make better financial decisions. Listen to Toms Podcast here https://barnabycecil.com/podcast Contact Tom Skinner here https://www.medicsmoney.co.uk/accountant/barnaby-cecil-financial-planning-limited/

Want to stay up to date with the latest financial information for doctors? Join 28,000 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  

Bitcoin and cryptocurrency is one of the hottest topics right now. In this episode we find out why Tommy doesn't own any cryptocurrency and doesn't plan to. But we also hear how block chain works and hear from Dr Albeyatti why he does like bitcoin.  The Medics' Money podcast is for entertainment only and does not represent any form of financial advice.  Contact Abdullah here https://www.linkedin.com/in/dr-abdullah-albeyatti-mbbs-bsc-mrcs-ent-mrcgp-49916973   https://medicalchain.com/en/   Want to stay up to date with the latest financial information for doctors? Join 28,000 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  

A summary of all things PCN related.  Apply to join our new to GP Partnership scheme here https://www.medicsmoney.co.uk/gp-partnership-programme/   Contact Andrew at Larking Gowan here   https://www.medicsmoney.co.uk/accountant/mha-larking-gowen/

Sign up to the webinar here https://www.peoples-property-plaza.com/webinar If you are interested in investing in property then this podcast is for you as we hear from Dr Jas Gill who’s managed to balance a career as a doctor with a career as a property entrepreneur and as a mum. Jas is co-host of the  Peoples Property Plaza and with her business partner Alok Chander they tell us how they got started with property, their biggest mistakes and how they can also help you on your property investment journey.   Now you’ve probably got questions that you want to ask and unfortunately  the podcast medium doesn’t allow that BUT Jas is holding a live webinar with Q+A on 22nd September 2021 and you can sign up for that webinar to ask questions and hear more about their property mastermind programme. The link is in the description below. https://www.peoples-property-plaza.com/webinar Of course by now you know we are all about transparency at Medics’ Money and if you sign up to their paid for course that will help to support the Medics’ Money podcast and allow us to keep bringing you all the latest financial CPD for doctors. Want to stay up to date with the latest financial information for doctors? Join 28,000 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

Another episode of the Medics' Money financial clinic today. Links mentioned in the show https://www.medicsmoney.co.uk/ebook/   https://www.medicsmoney.co.uk/national-insurance-doctors/    

NHS GPs have been having major problems with the administration of pensions via PCSE. Today we talk about what GPs can do about this and how to complain and claim compensation. Useful emails  pcse.complaints@nhs.net

IR35 is a big issue for locum doctors and today we discuss the latest updates to IR35 or OPR. Want to stay up to date with the latest financial information for doctors? Join 28,000 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