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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