Posts Tagged ‘Tax’

Private practitioners should check NI payments

If you are a NHS consultant with a private practice, the next time you look at your bank statement you might like to check for payments of £9.60 every fou...

Don’t be confused by the Revenue’s tax codings

All of us who work for a salary have a PAYE code which is, in theory, a way of making sure we all pay the correct amount of tax each month by deduction fro...

Revenue nets £9m from doctors tax amnesty

Her Majesty's Customs and Revenue netted £9m from this year's 'tax amnesty' where medical professionals were encouraged to declare unpaid tax. Over 28,00...

Food and entertainment are off the tax menu

A common question from consultants is: “How much can I claim for food and entertaining?” At this point one’s heart sinks at the prospect of another t...

Final warning as Revenue runs out of patience

Doctors with undisclosed tax problems have been urged to come forward "quickly" after only 1,500 of a potential 30,000 medical professionals took advantage...

New tax changes for higher earning doctors

We are in a new tax year and are shortly to have a new government in power. We do not know who it will be, but in many respects it is going to make little...

Don’t get caught out by the tax man

Her Majesty’s Revenue and Customs (HMRC) regularly carries out concentrated operations on various groups of taxpayers whom they suspect of making incorre...

Doctors pose serious tax risk, says HMRC

There are solid grounds for targeting doctors and dentists who have not declared all their income, according to HM Revenue and Customs (HMRC). Speaking in...