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Ep 161: Ultimate guide to improving your finances 1/2

Medics Money podcast

CHAPTER

How to Pay the Right Tax

One way to decrease your total liabilities and increase your network as tommy's talked about is to make sure that you're paying the correct amount of tax. The uk currently has the highest tax burden since the second world war more and more people have been pushed into higher tax brackets by the government's freezing of income tax thresholds. Paying the right amount of tax can be as simple as keeping an eye on your tax codes and claiming tax rebates and all your professional expenses or as complicated as setting up a limited company if you have a private practice or investing in such things as venture capital trusts.

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