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Thread: Do I need my own personal indemnity insurance if I work for a multiple?

  1. #31
    johnep is offline Moderator
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    Re: Do I need my own personal indemnity insurance if I work for a multiple?

    Employed people cannot claim for anything escept items with which they could not do their job, ie Reg Fee.

    Self employed can claim everything necessary to carry out their work. With regard to cars. If you claim for car purchase you may be charged tax on the use of it. best to claim only business mileage of percentage of running costs. your act will advise.
    johnep

  2. #32
    Tony Schofield's Avatar
    Tony Schofield is offline Registered Pharmacist
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    Re: Do I need my own personal indemnity insurance if I work for a multiple?

    Quote Originally Posted by johnep View Post
    your act will advise.
    johnep


    I assume you mean accountant as opposed to ACT?

  3. #33
    johnep is offline Moderator
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    Re: Do I need my own personal indemnity insurance if I work for a multiple?

    Absolutely, will reduce accountant to acntnt in future.
    johnep

  4. #34
    amit is offline Active Member
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    Re: Do I need my own personal indemnity insurance if I work for a multiple?

    Don't go with the NPA for indemnity cover. Go with the PDA.

    Personally I think it is essential to be a member of the PDA. They provide more than just insurance. They will give you advice for any problems you might encounter with management etc. at work

  5. #35
    Tony Schofield's Avatar
    Tony Schofield is offline Registered Pharmacist
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    Re: Do I need my own personal indemnity insurance if I work for a multiple?

    Didn't Admin have a poor experience of the PDA when she sought help?

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