Are more UK Doctors moving to Dubai? (Tax Expert Q&A) скачать в хорошем качестве

Are more UK Doctors moving to Dubai? (Tax Expert Q&A)

Top Tax Tips for Medical Professionals: Insights with Steve Nichols Join Tommy and Steve Nichols from Nichols & Co. on the Medics Money podcast as they discuss critical tax topics tailored for medical professionals. Steve shares his expertise on a range of subjects including the rise of doctors relocating to Dubai, the implications of the 100k tax trap, relevant life plans, tax protection insurance, and specific scenarios like insuring against tax inquiries and paying off school fees before policy changes. Tune in to learn practical tax strategies and advice on managing income and expenses efficiently. 00:00 Welcome Back to the Medics Money Podcast 00:41 Addressing Listener Questions 01:50 Doctors Moving to Dubai 05:49 Understanding Money Box Companies 10:09 VAT on Private School Fees 12:32 Explaining Stipends 13:48 Bank Fraud and Corporation Tax 15:37 Insurance Against Tax Inquiries 22:14 What is a Relevant Life Plan? 22:53 Understanding Term Life Cover 23:59 Benefits of Relevant Life Plans 24:31 Tax Implications of Term Insurance 26:43 Challenges in Opening LLP Bank Accounts 29:42 Consultant Pay Rise and Tax Traps 35:06 Spouse as a Partner in GP Practice 40:49 Forgotten to Pay Tax on Rental Income? 43:37 Conclusion and Contact Information DISCLAIMER: This channel is for education purposes only and does not constitute financial advice and tax allowances and rates are subject to change.