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

New HMRC Tax Relief Rules: What doctors need to know!

28 Oct 2024 · 1 min

Watch on YouTube

0:31

Speaker (Ndubuisi 'Andy' Egwim) warns that HMRC changed rules for claiming tax relief on professional expenses. He references an online guide (moneywisedoctor.com taxreliefguide) that thousands of doctors used to reclaim several thousand pounds for items such as GMC, MDU, BMA and Royal College expenses; he states the prior online walkthrough approach no longer works under the new HMRC rules.

Chapters

All right, the game has changed. HMRC has changed the rules around claiming back taxes for your professional expenses. Thousands of doctors like you have used the guide on moneywisedoctor.com taxreliefguide to claim back several thousands of pounds in tax relief for things like gmc, mdu, bma, Royal College expenses. And previously, you could just walk through the guide we made online and do all of it online and get your tax relief. But now HMRC has made some changes.