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Ep 110: Tax, pension, IR35 and child benefit tips for GP locums

Medics Money podcast

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How Much Do I Need to Keep Away for My Taxes?

A lot of people are used to getting a salary and with all the tax taken off. When you get a low coming, you suddenly get paid gross. And then they're like, how much do I need to save ballpark figure for my tax bill? HMRC is not going to take any excuses either in terms of late payment charges or trust piling on to payments not paid. So we wear that and do make proper taxes.

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