Pay rise and the £100k tax trap
Just a warning to any first (few) years consultants previously under the £100k tax trap.
Assuming you are on one of the first three points, had the standard 3% on call allowance, a 10PA job, did no locums or wli and are a member of the NHS pension - you were previously just under the £100k taxable limit.
The 3.5% pay rise (from April) will put you over £100k taxable and hence into the tax trap.
If you have childcare credits paying these back could cost you far more than your pay rise. You may need to take action to reduce your taxable pay through additional pension contributions (annual allowance allowing), gift aid or salary sacrifice schemes - but you may need to take action soon if you want use that last one.
Tony Goldstone's calculator can help calculate.