DFTh Study Day: Finance (NW160504A)

AvailabilityCourse has taken place
SubjectFinance
DescriptionThis course is only available to Therapists on the DFTh Scheme.
Venue3 Piccadilly Place, Manchester - Greater Manchester  View details
Date & timeWednesday 4 May 2016, 09:30 to 12:30
LecturerMs Sara Parrott  View details
Target audience

Mandatory: Dental Foundation Therapist

Development outcomeNo development outcome
Course styleLecture
Core topic Not a core topic
CateringRefreshments
CPD hours3:00
CostNo charge
Aims

Prepare Dental Foundation Therapists to deal with their finances.

Objectives
  • Give an awareness of the different UK taxes with particular reference to Income tax and to understand how it is calculated.

Learning Outcomes

  • Be aware of the impact of different sorts of taxation on them.
  • Know the basics of the calculation of their annual tax bill.
  • Be aware of the difference between being employed and self-employed and the importance of having a formal contract with the practice.
  • Be able to describe the key characteristics of the Pay As You Earn scheme.
  • Be better placed to deal with their Student Loans.
  • Be able to keep basic accounting records.
  • Be aware of the timing of paying tax as a self-employed therapist,  the likely amount due, and methods of saving to pay this tax.