Taxation of Doctors & Dentists - The Basic Foundations Explained

Introduction

This introductory level virtual classroom session will outline and introduce the main issues concerning the taxation of doctors and dentists that should be addressed and monitored when dealing with their tax planning and compliance.

This session is an introduction to the basics and aimed at those with no prior working knowledge in this area. Whilst it is mainly from the English perspective, quite a lot of the content applies to all of the United Kingdom.

What You Will Learn

This live and interactive session will cover the following:

• Status and compliance issues
• Recent HMRC compliance projects and enquiry work
• Allowable GP expenses and potential danger areas
• Rental contributions and property danger areas
• Partners' personal expenses claims
• Agency workers, locums and 'salaried' partners
• Incorporation issues and difficulties
• Pensions and superannuation
• NHS doctors' expenses and allowances
• Sundry sources of income and HMRC risk assessment
• Capital tax issues and retirement planning

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.