I agree entirely that the net will not be £240 x number of hours worked but I'm not entirely sure that he will pay for everything out of that. Maybe he rents the space from the hospitals concerned, but in the world of private medicine the patient (or his/her insurer) in invoiced for everything else like nursing, accomodation, drugs etc.
And anyway... Doesn't everyone pay council tax and insurance (aren't BALPA subs partly insurance?)?
But let's not debate the wrong issue here, we are agreed that even netted down, he's on a good screw. If half of that is lost in business operating costs, that leaves £4200 before income tax per week for a 35 hour week. My gross basic was £4400 before income tax last month plus about £300 in tax free allowances.
Just over a quarter of his estimated net wage for what I consider a comparable level of responsibility. Not to mention the time away from home and the anti-social hours. We are definitely lagging behind.
Edited to ask how much bank chairmen get?