Accountants for Locums, Vets & Nurses

We love helping thousands of Locums across the UK with all their accounting and tax requirements. We provide a comprehensive range of services; whether you are trading through a Limited Company or as a Sole Trader, we offer friendly jargon-free advice to help you minimise your tax.

Accountants for Locums

Choosing the best specialist accountant for locum doctors

Fusion Accountants can advise you on working through a limited company or a Sole Trader. As a locum doctor, it is often best to work through your own limited company, which an accountant specializing in working with locums can advise you on.

Why is it better for locum doctors to work through a a limited company?

As a locum doctor working through your own limited company, you can balance how much you pay yourself through a salary and dividends to minimize the amount of National Insurance Contributions you need to pay. In this way, you can save a good sum of money.

A good accountant specialising in advising locums, such as Fusion, can advise you on how much to pay yourself in order to maximise the money you get to keep. There are also more things locum doctors can claim as expenses when they are working as a limited company, lowering the tax you need to pay.

We will ensure that you know about all claims, so no money goes wasted or you don’t pay extra to the authorities. Instead, all of it will go directly to your pockets.

Locums ltd company
Locums protection

Locum doctors have greater protection when working through a limited company

Limited companies are seen as a separate legal entity to their owner (or a locum doctor in this case). This means if your limited company faces trouble, such as debt, you are not personally liable. In this way, you can keep yourself safe from any consequences that the company may face. Moreover, you can apply for loans in the name of the company, so you won’t fall under debt in case things go south.

Of course, you have a responsibility to ensure the business is run correctly, but Fusion can help with our limited company accounting specialized for Locum doctors.

Charging VAT as a locum doctor

For most locum doctor work, you will not have to charge VAT on your services. However, for some jobs such as managerial ones, you may need to charge VAT. It all depends on the kind of job you work, which means choosing an accountant that specializes in advising locum doctors is vital. The accountants will be closely monitoring your business in order to ensure that nothing is done wrong. We will make sure that whatever you are doing is done in your best interest. In case you are moving towards a wrong move, we will advise you time so that you can make alternate decisions in time. The best part is, we also offer alternate decision advice.

Locums vat

Specialist accountants for locums

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Corporation tax

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