According to even government figures, a ‘junior doctor’ earns £20-30 per hour. If you delve deeper, ‘junior’ in doctor-speak covers anything up to registrars, the layer just below consultants. With overtime, shift allowances, etc., they can get their earnings up to £60-70k per annum. Now I know these sorts of comparisons aren’t great/are misleading blah blah. But if you google ‘trainee financial adviser jobs’, the starting salary is quoted as £35-50k per annum. If you look in London, the ‘average salary for a qualified financial adviser in London is £95,250’. Now, I do think we offer a valuable service that people need and for which there is a demand. However, although we sometimes save (rather than cost) clients money, we don’t often save their lives. And, yes, there’s a lot of experience to be gained, but the training isn’t quite so demanding or traumatic. I’d pay the tax to pay those doctors more tomorrow.
“Rachel Reeves may be forced to raise taxes”
Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.