NHS Consultants

If you’re a consultant in the NHS and your income is over £125,140, 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.

“I have used Capstone Financial for over five years. As a surgeon, with very little free time, they have provided excellent support and advice. helping me to get my financial affairs in order. My previous financial adviser couldn’t provide the detailed support I needed to understand the complexities of my NHS pension, and this caused me several issues. With the Capstone medical team, I have been able to address my concerns on annual allowance tax charges and do the correct planning required. They also helped check my NHS Pension record and a number of errors were corrected with significant financial benefit. Working with my adviser I have been able to plan for my retirement so I know when I will be able to retire and with what income. I also moved my private pension to them with far greater returns.

I see my Capstone adviser every year to ensure my financial objective and plans remain on track. They have introduced me to a medical specialist accountant, so I have confidence that all of my tax and financial planning affairs are in order. I can highly recommend them to any medical professionals, and I have introduced them to several colleagues already.”

Professor Jeremy Wilson PhD, FRCS, Consultant Colorectal Surgeon, WUTH NHS Foundation Trust
Wirral & Spire Murrayfield Hospital, Wirral.

“Capstone Financial are extremely knowledgeable about the NHS and private pensions. They are always open and honest about costs and any figures or calculations that are uncertain and that could change. Nothing is too much trouble or too difficult for them. I have worked with several financial advisers before and not found anyone of their calibre. I would strongly recommend them.”

Annie, Consultant Psychiatrist, NHS

“Capstone Financial 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 Capstone to anyone.”

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

Matt Rhodes
Matt Rhodes

Director / Head of Medical

Rob Beck
Rob Beck

Medical Financial Planner