NHS Consultants

If you’re a consultant in the NHS and your income is over £150,000, you’re currently liable for tax at a rate of 45% on the income you earn over this level. The erosion of your personal allowance can also mean your effective tax rate is more like 60% on certain portions of your income. For these reasons, it’s important to consider the most effective ways of easing your tax liability.

Following an initial consultation with us, we’ll let you know whether you’re making maximum use of your ISA and Capital Gains Tax allowances. We’ll also take a close look at your financial big picture, and put in place a plan that’s able to maintain the lifestyle you want while also sustaining your wealth into retirement.

The value of St. James’s Place investments will be linked directly to the performance of your selected funds. The value can go down as well as up, and you could get back less than you invested.

Levels and bases of taxation, and reliefs from taxation, are subject to change. Tax relief values generally depend on your circumstances.

Matt has given me a great deal of assistance during the process of selling my practice, introducing dental-specific solicitors and forwarded planning with my NHS pension. He has always put my interests first by giving sound and trustworthy advice. The service and support have always been exceptional. I would not hesitate in recommending him to anyone.

Anant Patel, Dental Practice Owner

Matt provided a very thorough investigation of my financial position and offered a very detailed report. As a result of this, I have been able to make investments that are personally suited to my needs. I am extremely satisfied with the service and look forward to continued support. I am pleased to recommend Matt to anyone.

Mike Simpson, Dental Practice Owner and Chair of the South Cheshire Local Dental Committee

When it comes to your finances, Matt is able to stand back and see the big picture and this is the skill; he is then able to focus on the detail to optimise that picture. He saved me a fortune on my mortgage, guided me through the minefield of private and NHS pensions and continues to reduce that burden. I wish I had met him years ago, he is an excellent financial adviser.

Nick Cooper, Dental Practice Owner and DFT Programme Director

Matt Rhodes
Matt Rhodes


Gary Morgan
Gary Morgan

Chartered Financial Adviser