Locums
Locums are temporary healthcare professionals, such as doctors or nurses, who fill in for regular staff during shortages, ensuring continuous patient care in hospitals, clinics, and other medical facilities.
Locum Doctors Financial Management
Running your own business as a Locum doctor involves various financial responsibilities. We provide comprehensive accounting services to manage your tax, pension, and more efficiently.
Locum Business Support
From tax returns to NHS pension submissions, our experienced team offers specialist medical accountancy and tax advice, simplifying financial management for locums.
Here are some of the areas that we can help Locum GPs
Locum Payroll
What is the Best Way to be Paid?
PAYE Salary
Umbrella Company
Limited Companies
Self Employment
Locum Agencies
Off Payroll Working (IR35)
Accounting and Tax for Locums
Accounting and Tax
Tax Payment Dates
National Insurance Costs
Tax Expenses and Claims
Tax Deductible Expenses
Motor Expenses
Early Years Expense Claims
Paying Family Members
NHS Pensions
NHS Pension Review
What is a Type 2 Form?
Forms A & B
Form GP SOLO: What is it For?
Partnerships & Mergers
NHS Pension Review
Superannuation and Pensions
Form GP SOLO: What is it for?
Scheme Pays Election
Tax Enquiry Protection
Benefits of Professional Locum Support
Professional accounting services provide locums with peace of mind and financial efficiency. With our help, you can focus on your practice while we manage your financial obligations.
- Expert handling of accounting and tax obligations
- Strategic advice on allowable expenses.
- Guidance on NHS pension scheme intricacies.
- Assistance with IR35 and ‘off payroll’ rules.
- Support for both new and experienced locums.
- Tax Enquiry Protection to resolve HMRC issues.
Tailored Locum Accounting Strategies
For locums navigating the complexities of medical accounting, our personalised approach ensures that your financial and tax strategies are optimised for your unique situation, from pension contributions to navigating IR35 regulations, ensuring you make the most of your earnings.
“They show a high level of integrity and I value that”
Khalid Ismail, General Practitioner of over 30 years and Senior Partner of South Lewisham Group Practice in South East London explains what he values the most from working with our Nichols & Co team and how we support their medical practice.
Get in touch
Contact us for specialist medical accountancy services for Locums
If you’re looking to plan your finances for the future or trying to find an answer to a problem then get in touch today.