WE SAVED THIS DOCTOR £12,929 – LET US DO THE SAME FOR YOU
This genuine example shows the massive savings that can be made when your financial affairs are in the hands of an expert:
Dr M had an NHS salary of £96,480 and private practice profits of £32,500. His wife did not work. Dr M approached Doctors Tax to discuss ideas of how he might reduce his tax burden.
We set up a company with his wife as fellow director, company secretary and company shareholder.
The total tax and National Insurance being paid by Dr M was £44,665. The new company allowed the opportunity for structured tax and National Insurance planning and as a result the families overall tax and National Insurance liability was reduced to £31,736.
In addition to the tax saving the tax planning meant that Dr M no longer had a threshold income over £110,000 which also meant that he retained the full £40,000 annual pension allowance.
Tax savings are possible no matter what your circumstances, contact us now to find out how much you could save: jason@doctorstax.co.uk