GP LOCUM ACCOUNTS

• Advice on becoming self-employed and registration with HMRC.
• Self-assessment business record keeping advice and setting up accounting record keeping systems, thereby ensuring compliance with HMRC rules regarding record keeping.
• Advice on the National Insurance implications of being self-employed.
• Recommendations on the most cash-flow advantageous business accounting year-end.
• Advice on tax-allowable Locum expenditure e.g. motor expenses, courses, conferences, spouse's salary, use of home as office.
• Advice on the importance of your home being classed as your business office.
• Advice on maximising available tax relief for use of your car for Locum purposes.
• Advice on the optimum time to purchase new items of capital equipment to accelerate 100% first year capital allowances.
• Advice on contributions to the NHS pension scheme and completion of form GP Locum B.
• Preparation of annual self-employed Locum accounts.
• Advice on becoming a GP Principal or salaried partner.
• Payroll services for any business employees e.g. partner/spouse.
• Early warning of tax and National Insurance liabilities to avoid any nasty surprises.

We can give you all the help you need - Contact Us Now: Enquiry