DiscoverMedics Money podcastEp 279: Family Finance Essentials: Understanding Parental Leave for Medics
Ep 279: Family Finance Essentials: Understanding Parental Leave for Medics

Ep 279: Family Finance Essentials: Understanding Parental Leave for Medics

Update: 2025-07-08
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Navigating Maternity, Paternity, and Shared Parental Leave for Medics In this episode of the Medics' Money podcast, Cyra and Matthew delve into the complexities of family financial planning specific to healthcare professionals. They discuss various types of leave available for working parents in the medical field, including maternity, paternity, and shared parental leave. Cyra, a doctor and chartered accountant, offers an in-depth explanation of entitlements, occupational versus statutory leave, and the nuances of shared parental leave. The episode is a guide for medics to understand their rights and plan financially for family life. Topics include risk assessments, rights to pay rises, and annual leave accrual during parental leave.


00:00 Introduction to Financial Family Planning


00:24 Meet Cyra: Doctor and Chartered Accountant


01:55 Understanding Occupational Rights During Pregnancy


06:45 Navigating Maternity Leave


14:41 Statutory Maternity Leave and Pay


17:25 Understanding Maternity Allowance


18:00 Maternity Allowance for Self-Employed Individuals


19:42 Maximising Your Maternity Allowance


20:43 Maternity Pay for Salaried GPs


21:40 Recap of Maternity Pay Tiers


23:15 Introduction to Paternity Leave


24:25 Eligibility and Details of Paternity Leave


26:31 Adoption Leave Explained


28:10 Shared Parental Leave: An Overview


30:59 Maximising Shared Parental Leave Benefits 3


6:38 Conclusion and Next Steps

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Ep 279: Family Finance Essentials: Understanding Parental Leave for Medics

Ep 279: Family Finance Essentials: Understanding Parental Leave for Medics

Medics Money