Specialist advice for Locum Doctors

Working as a Locum can give you flexibility and a varied work experience, but making sure you are being paid correctly and not storing up trouble with HMRC can be more difficult, which is where we can help.

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Helping Locum GPs with Accounting Services

Specialist Medical Accounting for Locums

As a Locum doctor you are effectively running your own small business.

This may be your first experience of doing this, so you may want help dealing with your tax, national insurance, pension contributions, accounting records and VAT. Or perhaps you have been doing this for a while, but are not sure you are doing everything in the best way possible.

Dealing with all these issues can be an administrative headache and worse have penalties attached if you get things wrong or leave them too late.

Helping you developing your locum business

We have an experienced team providing specialist medical accountancy, tax and NHS pension advice to all types of locums throughout England.

  • We can help you decide which is the best way for you for you to be paid. This will depend upon your individual financial and personal circumstances.
  • We will help you with your accounting and tax returns and let you know which expenses can be claimed against your tax.
  • We can also help with your NHS pension returns.
  • Finally, if you do have any issues with HMRC our Tax Enquiry Protection service will help sort out any queries or problems.

All locum doctors should note that there was a significant change which affected locum tax planning in 2017 when HMRC introduced ‘off payroll’ working rules (IR 35) for NHS authorities.

Serving the accounting needs of Locum GPs for over 25 years

We have a growing number of Locums GPs working in London, the South East and throughout the UK. We have been working with Locums for over 25 years, and we handle the whole range of financial and accounting issues, so why not get in touch today to see how we can help you.

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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.

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NHS PENSION REVIEW

Are you in danger of being hit with a huge tax bill on your pension growth? Our NHS Pension Review Service can provide an advance warning of impending pension issues.

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TAX ENQUIRY PROTECTION

HMRC have increasingly got GPs in their sights and many Practices have been subject to lengthy tax investigations. Make sure you’re covered with our annual insurance scheme.

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EXPERT CONSULTATION

Talk to one of our Medical Accounting Team for free. We can discuss your circumstances and how we can help you achieve better financial management, reduce your tax bills or plan for the future with a tailored fixed price plan.

Meet our team

We have a panel of subject experts and a team of professional accountancy support staff to make sure your specific needs are met reliably and cost effectively.

HOW WE CAN HELP

A specialist healthcare team to advise you
Call free for support at any time
Keep you up to date with the latest changes
No fuss, smooth process to change to us
Members of AISMA - Association of Independent Specialist Medical Accountants

What our clients say…

Dr Ravi Bansal, Locum GP

I’ve been with Nichols and Co for nearly 10 years with Debra being my accountant. I first contacted them when I received letters for tax arrears due to the wrong tax codes being applied during my hospital jobs.

Debra sorted this matter out and has always provided helpful and honest advice regarding tax matters. She has also helped my wife with her tax returns. I would definitely recommend their services for accounting matters with a special interest in helping doctors with their tax affairs. They are approachable, helpful and efficient.

Dr Jayran Mistry, Locum

Thank you for everything you at Nichols & Co have done for me with regard to my tax returns to date. I have always felt I am able to approach you with any question and that the answer is always helpful and thorough.

I am very grateful for how detailed, clear and efficient you are with tax returns and letters and for expediting things when needed. Every time I make contact with you I am met with polite staff and helpful advice and I have spoken with many of my friends about the service you provide and how good I think it is. I always recommend you. Thanks very much again, I really appreciate your hard work and help.