Claiming Expenses against Tax as a Doctor
Expense claims which reduce your tax bill
Unfortunately, the tax rules on expense claims for salaried GPs are nowhere near as generous as the expense claim rules enjoyed by self-employed GP principals.
The Revenue interprets the rules strictly. It is important that your accountant has a very good understanding of these rules.
Claiming for Motor expenses
As an employee, you can claim motor expenses using the fixed profit car scheme which allows a claim of 45p per business mile for the first 10,000 miles then 25p for each additional mile. You must be able to support the number of business miles claimed.
Claiming for Medical equipment
Any medical equipment purchased is deductible if it is intended to be used ‘wholly, necessarily and exclusively’ in the performance of the duties of your employment. However, there are exceptions and we can advise you accordingly.
Other expenses you can claim for
Traditionally HMRC has restricted the types of expenses that a salaried GP can claim to subscriptions and business mileage. However, a recent tax case, HMRC v Banerjee, has opened up the possibility to be able to also claim for course and training costs in certain circumstances.
How we can help you reduce your tax bill
We provide all our salaried GPs with a detailed checklist and give ongoing advice to ensure that the maximum allowable expenses are claimed each year.