A very taxing time

As a high-achieving doctor, you face major changes to your pension, tax and trading structure, warns Patrick Convey. Isn’t it time you took stock of your current situation?

Since April, a raft of regulatory changes mean that, as a senior doctor, your financial landscape could be looking very different.

You can no longer shield as much of your pension free of tax, you face major changes to the way you can draw dividends from your practice and the new consultant contract has still not been confirmed.

What do you need to consider now?