Tax Hike For GPs

RS Medical Accountancy has calculated that half of GPs have seen tax bills climb 40% in a year. Bob Senior, director of medical services at RSM Tenon and chair of the Association of Independent Specialist Medical Accountants, said that the personal allowance change meant that GPs operating in the £100,000 to £112,000 tax bracket were effectively now paying 60% in tax. Accountants at PKF said that profits from NHS income among GPs had fallen by around 2%.