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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 asked Liz Densley, FCA CTA from specialist medical accountants Honey Barrett to give us an overview of the various income thresholds that affect tax liabilities for doctors in England for the 2020-2021 tax year. Medics who are employed […]
The Taxation of Cremation Form Income by Dr Ed Cantelo GP, Chartered Accountant and Tax adviser. Medics’ Money co-founder. Received a few cheques from completing cremation forms (ash cash) and not sure what to do regarding tax? Wondering if you need to tell HM Revenue and Customs (“HMRC”) or how? In this blog Ed tells […]
Accountants for doctors – how do I find a good medical accountant? by Dr Ed Cantelo GP Trainee, Chartered Accountant Chartered Tax Advisor As a Doctor, Chartered Accountant and Chartered tax advisor, I often see colleagues who are paying too much tax as a result of making mistakes themselves or using non-specialist accountants. We built […]
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