Dr. Ndubuisi 'Andy' Egwim walks through eight tax mistakes doctors make that cost thousands. Not checking your tax code is first. Some claims expire after five years, so timing matters.
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Awesome. Now, let's jump right in before we crack on. In case we haven't met, I'm Dr. Andy Egweim. I'm an investor and a former salaried GP. NHS GP and the founder of Money Wife Doctor, a platform that has helped thousands of doctors make smarter financial decisions. Now, after years of overpaying tax, I decided to take tax efficiency more serious. And that helped me, including my investing, to achieve financial freedom and leave my nine to five three years ago. But this video is not about me. It's about you. Most people don't realize how much tax they're overpaying until it's too late. And once a period of five comes and goes, there's no going back. A quick disclaimer. I'm not a financial advisor or tax accountant. I'm just a doctor, an investor who spent his figuring out how to legally keep more y and make my money work harder than me. So this video is only for educational purposes only. So if you need another advice, you speak to a professional. Now, let's get right into these eight tax mistakes that could be costing you thousands. Number one, not checking your tax code. You could be overpaying. Most people never even check their tax code, but this is one simple mistake that could mean you're overpaying tax every single month.