We frequently get requests for help regarding understanding the mysteries of Doctors’ payslips. Some doctors struggle to work out how much they earn. While there is significant variation between the payslips that doctors receive, the below should hopefully give some basic understanding of what is shown on your payslip. The example given gives a payslip under the new contract.
If you haven’t claimed a tax rebate on GMC/Indemnity/Royal College/ Exam expenses using HMRC new online system then you can download our free guides here. https://www.medicsmoney.co.uk/free-guide/
Heres our guide to understanding your tax code and correcting it using HMRC online Personal Tax Account https://www.medicsmoney.co.uk/is-your-doctors-tax-code-correct/