It is understandable that working as a locum doctor presents numerous work-related stresses.
This includes anything from managing a hectic full-time work schedule and adhering to intense time pressure to often having to make life-changing decisions on a daily basis. In this situation, it is common to find locum doctors working through a limited company or an umbrella company, to improve workplace flexibility and their own wellbeing.
Working through business structures, such as limited companies or as a sole trader, can offer many advantages to your overall income, which can be a particular tax-efficient way of operating depending on your circumstances. Setting up a limited company is easy and quick, and Gorilla can help you at every stage of the process, be it helping with your tax return or national insurance.
Patients rely on your expert advice as they know you have a wealth of experience and knowledge in your specialist area.
Our specialist area is to help contracting professionals. We have extensive experience providing accountancy services to locum doctors, which means we can provide the tax and accounting support you need to successfully improve your financials and gain some more time back for yourself. This, in turn, will improve your work/life balance and give you additional time to spend with family, friends and hobbies.
Some of the services included in our all-inclusive £89 (+VAT) package are:
- Managing your business accounts effectively
- Submission of your financial statements
- Preparation and submission of tax returns
- Tax planning to maximise tax efficiency
- HMRC record checks and liaising with Companies House
- FreeAgent accounting software
At Gorilla Accounting, we offer a bespoke service for locums to fully support managing your finances.
By taking control of all the hard work associated with business accounting, we can help medical practices, locum pharmacists and salaried GPs to continue focusing on offering exceptional patient service. Let us do what we do best as accountants for doctors and as locum pharmacist accountants and take care of everything for you.
For a small monthly fee, we offer a streamlined, all-inclusive package with full accountancy services for medical professionals. Our team consists of helpful professional accountants and we always aim to dedicate one specialist accountant to each individual account, ensuring a low accountant-client ratio. As specialist medical accountants, we have an in-depth knowledge of your needs; your dedicated accountant will be fully accessible to you for accountancy advice via email, telephone, video-conferencing and in-person.
Our client service guarantee means that, if you get in touch with us before 3pm, we’ll guarantee a same-day reply. We always strive to offer a guaranteed response on the same working day, as we understand you’re busy and need a quick reply to your queries.
In additional to unlimited accountant support, our all-inclusive package also includes assistance with your bookkeeping data and tax planning advice to help maximise your revenue effectively by improving tax efficiency. Most importantly, we take full responsibility for compiling the legal documentation required for running a limited company.
Ready To Talk?
As accountants for doctors and locum pharmacists, we will help with any queries you may have, from your tax code and tax efficiencies to your national insurance and tax relief issues.
If you’re ready to take the next step and form your limited company, get in touch with a member of our New Business Team.
