Great video on tax relief! 💰 In addition to these useful tips, I will add that keeping records of expenses makes for smoother claims. Also, if you are a Locum GP or in a position where you are eligible to work via a Limited company, consider other eligible expenses like the use of home as an office, company equipment like a laptop, and cost of staff like admin staff. I am aware that some people have hired a spouse or family member as admin staff, and there have been no issues. This is deductible as tax. Nurses may also be able to claim for uniform and laundry. Thanks for sharing; it's a fantastic resource.
Thanks so much for watching and taking the time to leave a helpful comment. i didnt know one could hire a spouse. can you please also make a video on setting up oneself as a ltd company? i heard it might be more tax efficient to do that.. than not.. what are the pros and cons ?
@drcissyatwine What a brilliant suggestion! UA-cam why am I just seeing this now!😀 I did a video on using the Limited company for tax-efficient pension for NHS doctors and professionals working with a limited company. I agree that it would be a good idea to have a video that explains it from A-Z. Let's add it to the list😀. BTW, I love the quality of your videos!
Hi doc If i have a study allowance as a non training doc ..can I request the HR to use it to reimburse my royal college membership fees? What else can it be used for?
you said you will show us step by step , but you didnt, where to go online when u need to do the self assesmform and then do u fill ckaims for mileage separately or same form ?? sorry your video as talking like everyone but wasnt useful practically.
Great video on tax relief! 💰 In addition to these useful tips, I will add that keeping records of expenses makes for smoother claims. Also, if you are a Locum GP or in a position where you are eligible to work via a Limited company, consider other eligible expenses like the use of home as an office, company equipment like a laptop, and cost of staff like admin staff. I am aware that some people have hired a spouse or family member as admin staff, and there have been no issues. This is deductible as tax. Nurses may also be able to claim for uniform and laundry. Thanks for sharing; it's a fantastic resource.
Thanks so much for watching and taking the time to leave a helpful comment. i didnt know one could hire a spouse. can you please also make a video on setting up oneself as a ltd company? i heard it might be more tax efficient to do that.. than not.. what are the pros and cons ?
@drcissyatwine What a brilliant suggestion! UA-cam why am I just seeing this now!😀 I did a video on using the Limited company for tax-efficient pension for NHS doctors and professionals working with a limited company. I agree that it would be a good idea to have a video that explains it from A-Z. Let's add it to the list😀. BTW, I love the quality of your videos!
Thanks for sharing. Please can you explain the need for the self assessment part. Thanks
self assessment is if you file your own tax returns.. you don't need to if your taxes are deducted before your pay is sent to you
Amazing information. Thanks for always educating us
thank you 🙂
Hi doc
If i have a study allowance as a non training doc ..can I request the HR to use it to reimburse my royal college membership fees? What else can it be used for?
i dont think so.. usually they dont cover college membership fees.. you can use study budget for courses, conferences, trainings, etc..
@@drcissyatwine thanks doc
I can only then claim tax relief on the membership fee right?
yes@@dr.anusree8874
@@drcissyatwine thanks for the prompt reply doc
very informative video
thank you 🙂
you said you will show us step by step , but you didnt, where to go online when u need to do the self assesmform and then do u fill ckaims for mileage separately or same form ?? sorry your video as talking like everyone but wasnt useful practically.
am sorry to hear it wasnt helpful to you