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Ep 312: Q&A - Parents' Tax Trap, VAT on Botox, and Limited Companies
Season 1 · Episode 347

Ep 312: Q&A - Parents' Tax Trap, VAT on Botox, and Limited Companies

Medics Money podcast · Medics Money

February 24, 202615m 16s

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Show Notes

PocketSmith is proud to sponsor this episode of Medics Money. If you want clarity and confidence in managing your money, plus 50% off your first two months of PocketSmith, head to: https://www.pocketsmith.com/medics-money/

In this episode, Tommy Perkins and Andrew Fenton discuss various financial questions that doctors face, particularly in light of recent budget changes. They cover topics such as managing earnings over £100,000, starting a new aesthetics business, understanding VAT implications, and the differences between operating as a sole trader versus a limited company. The conversation emphasises the importance of tax efficiency and proper financial planning for medical professionals.

 

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