Accounting for Salaried and Locum GPs

As a locum doctor, expert advice is important when you choose your trading structure, whether it's on a self-employed basis, or as a limited company. If you're setting up in business, we can give you examples of financial comparisons to help you make the right decisions.

As a salaried or locum doctor we can advise on becoming a GP principal, providing you with reviews of practice accounts, before making a decision.

We can also advise on relevant expenses that can be claimed, depending on your circumstances. If you are a member of the NHS Pension scheme we can assist in keeping your pension record up to date.

Larking Gowen will give you all the support, in accounting and financial matters, you need as a doctor including:

• Tax returns and advice on liabilities, including national insurance
• Advice on tax planning and tax savings
• Pension contributions (NHS and private)
• Personal expenses
• Record keeping
• Advice on pension annual allowance
• Advice on becoming a GP principal
• Access to our network of specialist medical financial advisers
• Specialist technical advice in relation to your tax affairs, including capital gains tax and inheritance tax