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Ep 154: Tax planning for doctors in 2023 (pt 1)

Medics Money podcast

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The Changes in the Six of April

The tax free personal allowance has once again been frozen at £12,570. Jeremy Hunt has decreed that this freeze is going to continue even further until April 2028. As inflation rises, as we get pay rises, more and more people are going to start to pay income tax or pay higher income tax. Don't forget you can also claim the GMC fees for your professional subscriptions. Make sure you keep a note of these expenses because every penny counts.

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