How can I pay less tax?
If you do locums, either full time or occasionally, or have private work, you do have a choice on how your income should be taxed regardless of grade or specialty. McKenzie Knight & Partners have assisted thousands of doctors to tailor a package that is tax effective to their own individual circumstances. The crucial factor in helping you to avoid paying too much tax is based on your sources of income and how you are employed. The way your colleagues may be operating is not necessarily the best option for you.

A high percentage of UK and overseas doctors pay too much tax so it is not only your legal responsibility but also to your advantage to ensure your tax affairs are fully up to date. This will also enable you to reclaim any overpaid tax. It is not a prerequisite that you have to complete tax returns, however many doctors who only have one job, which is taxed at source must complete tax returns each year.

How does UK tax affect me?
The onus of responsibility is upon all UK taxpayers to familiarise themselves with their rights and obligations under the Self Assessment tax laws, which came into force 6th April 1996. Failure to do so may result in fines, penalties and as a worst-case scenario, court proceedings. The Inland Revenue will not accept ignorance or the pressure of your job as an excuse.

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Contact us today to put more money in your pocket.
Call us on +44 (0)161 872 1616. Alternatively you can fax us on +44 (0)161 872 1919 or email us at enquires@mckenzie-knight.com