How to Pay Less for Medical Indemnity for GPs
Managing finances

How to Pay Less for Medical Indemnity for GPs


Once a year the anonymous white envelope from your defence union arrives announcing your renewal premium: another 10% increase year upon year upon year. Cost increases are rocketing up a couple of thousand quid per annum for those doing clinical work full time. Defence costs are soaring hanks to several high profile apparently “difficult-to-defend” claims, … Continue reading

The Network Locum Accountant: How To Survive Your Tax Return
Limited company vs sole trader / Managing finances

The Network Locum Accountant: How To Survive Your Tax Return


When you first sign up for self-employment as a locum, your first tax return can seem intimidating. Our ‘How to’ guide hopes to unravel 3 important points you might need to know for planning ahead. Be prepared for surprises: It is important that you let HMRC know that you are self-employed as soon as possible, … Continue reading

What They Don’t Teach You In Med School – How To Be Tax Efficient
Limited company vs sole trader / Managing finances / Mindfulness and burnout

What They Don’t Teach You In Med School – How To Be Tax Efficient


After years of hard graft and education attaining your GP qualifications, you might feel fully prepared to begin your career in primary care. However, starting out as a GP requires even more than your already extensive medical experience. What they don’t teach you in med school is that you will have to make some very … Continue reading

Sharing income with your spouse as a tax saving strategy?
Managing finances / Opinion

Sharing income with your spouse as a tax saving strategy?


-Guest post by Robert Bradley Many small companies have one director with salaries paid to them and their spouse, and shares split between them; often the case with locum doctors. This uses both personal allowances and utilises two basic rate bands of tax, though it also gives rise to a number of issues that need consideration: … Continue reading