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Category: Working tax efficiently

Do doctors really pay more tax in Scotland?

Do you really pay more tax in Scotland? Here at Medics’ Money we love getting questions from our email subscribers…

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How can doctors pay school fees in a tax efficient way?

It’s that time of year again, when parents start to think about their children returning to school and if, like…

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The latest NHS Pension thresholds and deadlines

There are some important NHS pension changes and deadlines to be aware of. We asked George Crowe, specialist medical accountant…

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Should you use a Ltd company for your ‘Buy to Let’ Property Business?

On a recent Medics’ Money property webinar lots of you asked questions about the tax implications of buy to let…

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Everything doctors need to know about National Insurance

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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How much tax do doctors pay and why?

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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Buying a cheap Tesla for doctors

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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Cremation Form Taxation for doctors

Received a few cheques from completing cremation forms (ash cash) and not sure what to do regarding tax? Wondering if…

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Accountants for doctors – how do I find a good medical accountant?

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 GP Locum including how to pension work, paying tax, claiming expenses and finding work

Starting out as a Locum GP can be daunting. Medics’ Money asked specialist medical accountant Sam Taylor and Pete Farrier…

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