Do you pay for work expenses out of your own pocket? If so, you need to know about tax-deductible expenses for doctors in the UK.
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Sometimes you can be so focussed on carrying out the day-to-day work in your business that you don’t have time to sit back and reflect on what you can do to increase profit!
As a self-employed GP or consultant you should be able to reduce your tax bill by deducting business expenses before calculating your trading profit.