Ep 4 - How to correct your tax code
Medics Money podcast
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The Most Common Tax Code for Doctors
Your tax code is usually made up of a number followed by a letter ak. It's simply the personal allowance er, divided by ten, followed by the letter lk. So if you're a doctor and you've paid any kind of expenses, then one two five zero l is almost certainly incorrect. A claim on those expenses conpetentially save you forty per cent of em any professional fees you pay. Once you've made a claim to h m i c for your presia expenses, which i ho lot of our listons will have done already, a h m c should then increase your tax code to give you tax relief every year.
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