Medics Money podcast

Guests discuss 10 financial tips for junior doctors, including managing payslips, student debt, tax accounts, hospital food costs, tax rebates, insurance, accountants, and investing. They share tax trivia about Jaffa Cakes and stress the importance of financial literacy for doctors.

On todays episode we demystify doctors tax codes. Why might the standard tax code of 1250L be right for most people, but WRONG for most doctors? How can you fix your tax code yourself without phoning HMRC or NHS payroll? Tommy didn't do his homework last week but Ed comes to the rescue with more devastating tax trivia around P45, P60 and IR35. Fix your tax code here  https://www.medicsmoney.co.uk/is-your-doctors-tax-code-correct/ Want top stay up to date with the latest financial information for doctors? Join 21,000 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      

What did we do when we couldn't get PPE to keep safe on the frontline of the Covid-19 pandemic? We commandeered the Rolls Royce factory and made our own PPE obviously. No really, we did. This is the story of how we did it. The introduction is also SUPER special. Although this episode is nothing to do with making better financial decisions, it's everything to do with documenting and acknowledging the amazing work so many have done to help us keep us, our patients and our families safe during the pandemic. THANK YOU so much to all those involved. 

This episode we talk you through our step by step guide to claiming a tax rebate.  Download a guide - https://www.medicsmoney.co.uk/free-guide/ Want top stay up to date with the latest financial information for doctors? Join 21,000 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

Discover an inspiring journey from the world of accountancy to medicine, spurred by a life-changing event. Hear about the challenges faced by medical professionals burdened with debt, as one host shares their experience of repaying £85,000 in loans. The conversation emphasizes the critical need for financial literacy in healthcare. With innovative resources like a financial wellbeing course, the hosts aim to empower doctors to navigate their finances confidently and improve their financial management skills.

The Medics' Money podcast helps doctors and other professionals make better financial decisions by giving them the financial education they need. Hosted by Dr Tommy Perkins and Dr Ed Cantelo, who is not only a GP but also a Chartered Accountant and Tax Adviser. You can read more about us here https://www.medicsmoney.co.uk/why-doctors-started-medics-money/