Frozen thresholds hit GPs hard in 60% tax twilight zone

After the Budget freeze on tax thresholds far into the future, Katie Collins, partner at Ramsay Brown, and a specialist in the medical sector, says this will have a hugely damaging effect on NHS capacity, putting pressure on GPs and practice owners, and pushing more towards fewer hours rather than having to pay huge tax bills

The chancellor was keen to position this Budget as one for our health service – even booking in a visit to University College London hospital immediately after her speech to show just how much this government values doctors and nurses, but I’d argue it was nothing of the sort.

Instead, Rachel Reeves has complicated things for doctors, and particularly GPs, by targeting their personal finances and upsetting practices’ operations – once again, they’ve been left worse off.

I’ll begin with what is perhaps the most significant announcement in all of the Budget: income tax threshold freezes. The chancellor is desperate to convince workers that keeping the bands where they are is not tantamount to raising income tax – but the fact is that many people will now have to pay more.

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