Accountants for Locum Vets
Locum work gives you control over where and when you work, and hands you a set of obligations that nobody covers at vet school. Registering correctly, keeping records that satisfy HMRC, knowing what you can claim, and now keeping digital records under Making Tax Digital.
We handle it, at a fee scaled to a single person rather than a practice, and we explain things once properly rather than sending you a link.
What You Get
- The right structure from the start
- Sole trader or limited company, decided on your actual income, your other work and your plans, not on what the last colleague did.
- Self Assessment and Making Tax Digital
- Returns prepared and filed, and where MTD for Income Tax applies to you, the digital records and quarterly updates handled.
- Expenses done properly
- RCVS registration, professional indemnity, CPD, equipment, travel and mileage, claimed correctly rather than optimistically.
- A tax figure in advance
- You know what you owe and when, so January is not a shock and payments on account do not catch you out.
The Locum Points That Matter
Travel is the biggest and most commonly mishandled area. Whether a journey is business travel depends on the pattern of your engagements and where your base is, and a locum who works the same practice three days a week for two years is in a very different position from one covering a different practice each week.
IR35 is the second. Where you work through your own limited company for a practice, the rules on off-payroll working may put the status decision with the practice rather than with you, depending on its size.
Frequently Asked Questions
I have just started locuming. What do I need to do first?
How much do you charge a locum vet?
Speak to a Locum Vet Accountant
Tell us where you are, whether that is your first week of locuming or your fifth year, and we will explain what needs doing.