He Left £300 on the Table to Avoid the Hassle. That £300 Was Worth More Than 5 Hours of His Own Work
In this short advisory video, Ndubuisi 'Andy' Egwim addresses doctors who avoid filing a full HMRC self‑assessment, opting instead for the simplified P87 form. He illustrates the hidden cost of this shortcut by recounting a doctor who saved only £300 by not claiming £2,800 of legitimate expenses—an amount that exceeds the value of 4‑5 hours of the doctor’s own paid work after tax. Andy argues that a proper self‑assessment can uncover additional deductions such as pension contributions, qualifying charitable donations, and other allowable expenses, thereby reducing overall tax rates. He emphasizes that most doctors can spare a day for a locum shift but rarely allocate even an hour annually to review tax efficiency. Andy concludes with a promotional call‑to‑action for his upcoming "Doctor's Tax X‑Ray" workshop, limited to 30 doctors, inviting viewers to comment "x‑ray" for further details.
