Can HMRC REALLY Refund Your GMC and BMA Fees? New Step-By-Step Guide for 2025!

Download FREE Guide: How to Claim Tax Relief As a Doctor or NHS worker
https://mailchi.mp/moneywisedoctor/taxreliefguide

💡 Can HMRC REALLY Refund Your GMC, BMA, MDU Fees and other professional expenses like Royal Colleges? The answer is YES! 🚨

But the process has recently changed, and if you don’t follow the new rules, you might miss out on thousands of pounds in tax relief.

In this video, I’ll walk you through the updated process for claiming back professional expenses like GMC fees, BMA membership, and other eligible costs as a doctor or healthcare professional. Whether you're an NHS worker, GP, or consultant, this guide will help you avoid mistakes and reclaim what’s rightfully yours.

📄 What You’ll Learn in This Video:

What professional fees and expenses are tax-deductible
HMRC’s new rules (October 2024 update)
Step-by-step instructions for completing the P87 form

How to maximize your claim, even for the past 4 tax years
Common pitfalls to avoid
💷 Why This Matters:
With rising costs and stagnant pay, every bit of tax relief counts. Claiming back your expenses could save you hundreds—or even thousands—of pounds. Don’t let HMRC keep what’s yours!

Summary

In this conversation, Dr. Andy Egwim, the founder of Moneywise Doctor, discusses the recent changes in the tax relief process for healthcare professionals in the UK.

He provides a comprehensive guide on how to claim tax relief for professional expenses, including the necessary forms and documentation.

The conversation emphasizes the importance of understanding the new rules, the types of expenses that can be claimed, and the step-by-step process to ensure that healthcare professionals can maximize their tax relief claims.
📩 FREE DOWNLOADS:
👉 Step-by-Step Guide: https://moneywisedoctor.com/taxreliefguide/
👉 P87 Form: https://assets.publishing.service.gov.uk/media/65c3605a3f634b000d42c5f3/P87_fillable_English_baselined.pdf

🌟 Have a Question? Leave a comment below, and I’ll do my best to help!

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🎥 Let’s jump right into it and get your money back where it belongs—in your pocket! 💷
Chapters
00:00 Introduction to Tax Relief for Healthcare Professionals
02:47 Understanding the Changes in Tax Relief Process
05:58 Step-by-Step Guide to Claiming Tax Relief
08:46 Detailed Breakdown of Claimable Expenses
12:04 Filling Out the P87 Form
14:52 Submitting Your Claim to HMRC
17:46 Common Questions and Troubleshooting
21:03 Final Thoughts and Encouragement

Видео Can HMRC REALLY Refund Your GMC and BMA Fees? New Step-By-Step Guide for 2025! канала MONEYWISE DOCTOR
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