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In this week’s episode, brought to you in partnership with Practice Index, we’re joined by Claire Houston from Practice Index, Paul Gordon from Atomos, and ​James Gransby from Azets to break down what the latest budget really means for general practice. We explore how tools like the salary calculator and benchmarking manager can support smarter decision making as practices respond to rising costs.

They also look closely at how these budget changes affect personal finances, from the withdrawal of personal allowances for high earners to the long term impact of frozen tax thresholds. With insights on NHS pensions, future tax considerations, and the importance of revisiting financial plans, this episode offers straightforward guidance to help practice teams and individuals stay confident, informed, and financially resilient.

The Budget (00:08)

Benchmarking Manager (02:28)

Reactions to the budget (03:30)

What should people be doing differently now? (07:55)

NHS Pension (09:09)

What will be different? (10:58)

Increase in the National Living Wage (14:27)

The Carr-Hill formula (16:31)

The timeframe (19:25)

Other changes.. (20:34)

ISA changes.. (21:37)

Final thoughts.. (24:16)

To book your free Benchmarking Manager demo, click here or to access the Salary Calculator, login here.

To visit the Practice Index website, click here or contact James Dillon here.

For all enquiries about the Ockham podcast, please contact Ben Gowland here.