In this blog we go into the basics of National Insurance to give everyone an understanding of what it is and how it is calculated before discussing circumstances in which you might be overpaying your contributions and what to do about it if you are
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Understanding what tax you pay and why is essential. How much money do you actually TAKE HOME from that extra locum shift? I…
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How to buy a “cheap” Tesla. The taxation of fully electric company cars like Tesla are very favourable. We asked specialist…
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Received a few cheques from completing cremation forms (ash cash) and not sure what to do regarding tax? Wondering if…
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Medics’ Money is the best place for doctors to find an accountant recommended and reviewed by other doctors. How does…
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Starting out as a Locum GP can be daunting. Medics’ Money asked specialist medical accountant Sam Taylor and Pete Farrier…
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Self-employment V’s Limited Company for doctors Many doctors forums are abuzz with ways to save tax and here at Medics’…
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We asked David Elliot, Tax Director from specialist medical accountants BW Medical Ltd to tell us what financial records to keep…
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Locums beware, if it sounds too good to be true…… Tax avoidance or tax evasion?! Working through an agency for…
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Understanding your doctor’s tax code Your tax code is calculated by HM Revenue and Customs or “HMRC” and is used…
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