Ndubuisi 'Andy' EgwimMoney Coach for Medics|Ex-NHS GP|21+ Yrs Investor| Founder, MoneyWiseDoctor.com|Helping Medics Avoid Big Money Mistakes

A £5,800 Tax Bill Her Accountant Never Mentioned Could Be Avoided

30 Jun 2026 · 1 min

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1:27

In this short promotional video, Ndubuisi “Andy” Egwim tells doctors about a common tax mistake that costs many of them around £5,800 each year. He explains that the error stems from confusing tax filing (recording past activity) with tax planning (shaping future outcomes). The missed opportunity is a simple, legal strategy—using a Self‑Invested Personal Pension (SIP)—that would have eliminated the bill entirely. Andy highlights that accountants often file taxes without advising on planning, leading to the “60% tax trap” of wrong investment accounts and unclaimed expenses. He then pitches the S‑Crops Investing Workshop, a two‑session, doctor‑to‑doctor live program (July 4 and July 11 at 10:30 AM) that walks participants through a step‑by‑step checklist to seal tax leaks. Viewers are invited to comment “CRUBS” to receive the workshop link.

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A doctor in one of my sessions had been told by her accountant to pay HMRC £5,800 every year, and every year she paid it. She trusted him. That's what you do. He was the expert. Then she learned about one simple legal strategy that would have wiped that bill out completely— a SIP. So she went back and asked her accountant, He confirmed it. It was true. He'd known all along and never said a word. Here's the part that stinks. He wasn't being dishonest. He was filing her tax. But filing your tax and planning your tax are two completely different things. One records what happened. The other changes what happens. And almost nobody teaches doctors the difference. That £5,800 isn't rare. It's the 60% tax trap. The wrong investment account. Years of unclaimed expenses. Quiet, costly, and completely avoidable. Get this part right and investing finally becomes simple because the tax leaks are sealed first. That's exactly what we walk through step by step in the S-Crops Investing Workshop. Two live sessions, the 4th and 11th of July, 10:30 AM Doctor to Doctor, a simple checklist, no jargon. Comment CRUBS and I'll send you the link to join.