• Do All Doctors Need To Complete A Tax Return?

    Do All Doctors Need To Complete A Tax Return?

    Do All Doctors Need To Complete A Tax Return? Not all but many of you will. Below are a number of circumstances when a formal tax return may be required. HM Revenue and Customs (HMRC) have sent you a tax return to complete Your total income is in excess of £100,000 You have multiple sources

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  • Training Costs – Are They Tax Deductible?

    Training Costs – Are They Tax Deductible?

    Training Costs – Are They Tax Deductible? HM Revenue and Customs state that a deduction for training costs incurred by an employee will only be allowed if the employee concerned was directly employed on a training contract. The training has to be an intrinsic part of the contractual duties of the employment. HM Revenue and

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  • Tax Rebates For Doctors

    Tax Rebates For Doctors

    A number of situations can arise where a doctor might be due a tax rebate: Emergency or incorrect PAYE tax code having been operated on your NHS salary The tax relief due on membership payments to professional bodies has not been claimed Tax relief on other job related expenses has not been claimed Higher rate

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  • Multiple employments? Paying National Insurance on your private earnings?

    Multiple employments? Paying National Insurance on your private earnings?

    You could be due a substantial National insurance rebate. National Insurance savings are often possible no matter what your circumstances, contact us now to find out how much you could save: If you have private practice earnings as well as your NHS salary, you could be paying far too much National Insurance (NICs). There is a cap

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