DFTh Study Day: Finance (NW171004A)

AvailabilityCourse has taken place
SubjectFinance
DescriptionAn overview of finance and tax issues that therapists will face when becoming employed and self employed.
VenueMersey A, 3 Piccadilly Place, Manchester - Greater Manchester  View details
Date & timeWednesday 4 October 2017, 09:30 to 12:30
LecturerTom Slevin  View details
Target audience

Mandatory: Dental Foundation Therapist

Development outcomeNo development outcome
Course styleWorkshop
Core topic Not a core topic
CateringRefreshments
CPD hours3:00
CostNo charge
Aims
  • To make the therapists aware of their tax commitments as an employed or self-employed individual.
Objectives
  • Go through the types of tax therapists will pay
  • Show them how to calculate their annual tax liabilities
  • Distinguish the differences between self-employment and employment
  • Going through the PAYE system and how monthly pay is calculated
  • The therapists will understand their commitments as a self-employed individual, including record keeping, annual accounts and annual tax return
Learning outcomes

At the end of the lecture, the therapists will know:

  • what taxes they are likely to pay
  • how to calculate annual income tax liabilities
  • what the differences between being self-employed and employed are
  • how to check their payslips to ensure the tax is correct
  • their commitments as a self-employed individual