DFT Lancaster - The Business of Dentistry (NW150327LM)

AvailabilityCourse has taken place
SubjectDFT Lancaster Scheme
DescriptionNo description given
VenueRoyal Lancaster Infirmary, Lancaster - Lancashire  View details
Date & timeFriday 27 March 2015, 10:00 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

To prepare Foundation Dentists to deal with their finances once they become self-employed.

Objectives
  • Undertsand the key features of associate contracts and the necessity of having one.
  • Understand the variety of ways in which associates are paid.
  • Understand the way in which associates contribute to the NHS Pension Scheme and the importance of the NHS Portal.
  • Understand which key featuures of self employed accounts and the expenses on which tax relief can be claimed.
  • Understand the necessity of registering with HMRC as self employed and the way in which tax, Class 4NIC and student load repayments are made when self employed.
  • Give tips on how to save for their tax liabilities.

Learning Outcomes

  • To be better prepared for being slf employed and have the confidence to negotiate associate contracts and be aware that there are procedures that need to be followed with HMRC.