Could GPs save tax with a limited company...?

GP Financial Strategies: Limited Companies & Adjusted Net Income Explained Join us for another Medics' Money Q&A episode where we tackle two complex financial questions for GPs. First, we explore the feasibility and implications of using a limited company for certain GP services, analyzing tax, pension, and regulatory challenges. Specialist medical accountant Andy Powell provides in-depth insights on this issue. Next, we address whether GPs can retrospectively contribute to a private pension after the tax year to reduce adjusted net income below £100,000, including the impact on annual allowance and other financial planning strategies. This episode is a must-watch for GPs and other medical professionals aiming to optimize their financial management. Don't miss out! 00:00 Introduction to Financial Q&A 00:15 Complex Question 1: Using a Limited Company for GP Work 02:13 In-Depth Analysis: Tax, Commercial, and Pension Considerations 14:48 Complex Question 2: Adjusted Net Income and Private Pensions 34:23 Conclusion and Final Thoughts Want the latest financial tips for doctors and exclusive invites? Join 56,000 doctors here https://www.medicsmoney.co.uk/join-me... Want a free assessment of your finances? Click here [https://medics-hnz5twj1.scoreapp.com](https://medics-hnz5twj1.scoreapp.com/) Want to improve your finances fast? Then come on our course https://www.medicsmoney.co.uk/medics-... GP partner looking to improve your practice/ Then come on our course https://www.medicsmoney.co.uk/gp-part... Follow us on [Instagram](  / medicsmoney  ) Follow us on [Twitter](https://x.com/medicsmoney) DISCLAIMER: This channel is for education purposes only and does not constitute financial advice and tax allowances and rates are subject to change.