Ten tips for setting up your finances as a GP locum

25th September 2020 by Liz Densley

Ten tips for setting up your finances as a GP locum

1. Tell HMRC that you have started working for yourself.

You can register as self-employed online at gov.uk , or ask your accountant to do it for you.

Do it as soon as you start. The absolute deadline is 5 October, after the end of the tax year. So for example a GP locum who starts in August 2019 must register by 5 October 2020. There are penalties for late registration.

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"I have found LocumDeck to be the most helpful and invaluable resource for keeping bookings and accounts. I want to thank you for the wonderful service you provide. Many thanks once again for all the NASGP provides, and particularly for use of the excellent resource LocumDeck has proved to be – something I have recommended to many colleagues who have taken a step to locum work."

Dr Ruth Snowball

Dr Ruth Snowball

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