Ndubuski 'Andy' Egwim walks through five tax moves for doctors before the new year: recalculate adjusted net income to dodge the 60% tax trap, review pension and ISA strategies, adjust dividend planning if you run a limited company ahead of 2026 tax rises, and build a tax-efficient investing plan.
Now the big question is what should you do now? So I've come up with what I call the Money Wise Doctor Checklist. What you can do now before the new taxi one recalculate your adjusted net income. The 60% tax trap is harder to avoid now. 2. Review your pension strategy. I'm seeing salary sacrifice is adjusting. If you've got if you're in a private pension, think about your best options for now. Number three, I'll say review your ISA strategy because cash ISA flexibility is shrinking A more structured plan. Is it really essential? And number four, if you run a limited company, think about adjusting your dividend planning because your tax will rise in 2026. And number five, build a structured tax efficient investing plan. Now is more important now more than ever. So here's the truth. Budget changes can affect you. They can hurt you. But only if you stay passive. Your power is in your plan. So next week, the money wife Dr. Book goes live. The launch edition includes all updated budget rules plus bonus, including things like Tax Hack pack, checklist and investing guides. So if you want a smarter tax efficient strategy for 2026 and beyond, use the link in the description or pinned comment to pre order your copy and secure all the bonuses.
