Are you aware you can claim for the previous 4 tax years?
Your professional expenses should be claimed for in the year in which the expenditure occured.
A tax year runs from 6 April to 5 April the following year. You can also make a claim for the current tax year that we are in. e.g. if you make a claim in May 2021 you can claim for
- The tax year 6 April 2017 to 5 April 2018
- The tax year 6 April 2018 to 5 April 2019
- The tax year 6 April 2019 to 5 April 2020
- The tax year 6 April 2020 to 5 April 2021
If you would benefit from expert guidance with regards to expense claims to ensure you are accounting for everything you can claim for the contact our specialist team of medical accountants.
BW Medical Accountancy clients receive a bespoke expenses checklist which is tailored to the specific needs of our medical professionals.
Contact our Client Services team to book a free initial telephone or video appointment with one of our specialist Medical Tax Managers. They will discuss your specific circumstances and can support you with tax rebates.