Ndubuisi Egwim walks UK doctors through eight financial mistakes common in the first weeks of a new NHS rotation, including how to claim tax relief on professional expenses. New doctors often make costly errors in those early days that are hard to reverse.
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Here's one thing almost nobody talks about. This Wednesday is a strange one for many doctors in the UK. In fact, for almost everyone working in the NHS. If you're a doctor watching this, if you stick around to the end, I've got something for you that could help you avoid some common costly mistakes that doctors make at the beginning of a new rotation, and also something that can help you take charge of your financial future and claim back tax relief on your professional expenses. You could even skip ahead to the end now and get it, but you might miss some things in the middle. So why is this Wednesday strange? Some people call it Black Wednesday, the first Wednesday in August. And whether you agree with that name or not, one thing is true. It's the day thousands of doctors in the UK start new jobs, new rotations, and new hospitals. And it's been associated in the past with a rise in medical errors. But here's one thing almost nobody talks about. There are financial mistakes doctors make in the first few weeks of a new role that are easy to make and hard to undo once you've made them. So in this video, I'm sharing 8 of those mistakes and how to avoid them. If you're starting somewhere new this week, this is what 20 minutes before you do is going to be a good investment of your time.