Specialist medical accounting blog

Doctors pay slip – a guide to understanding your payslip

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 […]

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Doctors tax relief on mileage and travelling for work using own car

Can I claim Mileage Allowance? One of the most common questions we get asked at Medics’ Money is whether, and how, doctors can claim tax relief for using their own cars. In the blog below, Dr Ed Cantelo, Chartered Accountant and Tax Advisor, GP trainee and Medics’ Money founder, gives some information on the rules […]

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Protected: Retirement planning

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Tax relief for doctors – how to set up HMRC Personal Tax Account

Personal tax account guide for doctors   by Dr Ed Cantelo GP Trainee, Chartered Accountant and Chartered Tax Advisor   A Personal Tax Account allows doctors to claim tax relief for expenses such as your GMC, BMA, MDU and MPS fees, as well as any exam expenses as a trainee, and check your doctor’s tax […]

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HMRC Personal Tax Account – step by step guide for doctors

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This step by step guide to setting up a HMRC Personal Tax Account which will allow doctors to claim a tax rebate on expenses such as GMC BMA MDU MPS and exam fees. Here we show you how to set up your Personal Tax Account with HMRC. Once setup you can download our step by […]

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