DFT Lancaster - Your Finances (NW141031FLM)

AvailabilityCourse has taken place
SubjectDFT Lancaster Scheme
DescriptionThis is an insight into accountancy, financial management and taxation. You work hard to earn your money so how can you legally minimise your tax burden? This talk will cover details of records required by your accountant and HM Inspector of Taxes, management of your foundation salary and how to claim the correct allowances.
Additional information

*Please bring along all the payslips you have received so far since you started foundation to confirm that you are receiving the correct salary*

VenueRoyal Lancaster Infirmary, Lancaster - Lancashire  View details
Date & timeFriday 31 October 2014, 09:30 to 12:30
LecturerMs Sara Parrott  View details
Target audience

Mandatory: Dental Foundation Trainee

Development outcomeNo development outcome
Course styleLecture
Core topic Not a core topic
Catering None
CPD hours2:30
CostNo charge
Aims

Prepare Foundation Dentists to deal with their finances once they become self-employed

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

Learning Outcomes 

By the end of the lecture participants will

  • Be aware of the impact of different sorts of taxation on them.
  • Know the basics of the calculation of their annual tax bill.
  • Be able to describe the key characteristics of the Pay As You Earn scheme.
  • Be better placed to deal with their student loans.