Locum & Consultant Tax Planning
Working as a locum doctor or hospital consultant can be financially rewarding, but it also creates unique tax challenges. From IR35 and off-payroll rules to managing NHS and private income, locums and consultants need tailored advice to avoid unnecessary tax bills and ensure compliance. At Kumar Associates, we specialise in supporting medical professionals with clear, practical tax planning.
Common Tax Issues for Locums & Consultants
IR35 / Off-Payroll Rules
Many locums work through agencies or limited companies. IR35 legislation determines whether HMRC views you as self-employed or a “disguised employee.” Getting it wrong can be costly. We review your contracts and structure to help you stay compliant and tax-efficient.Income Structuring
Choosing between working as a sole trader, limited company, or umbrella arrangement affects how you are taxed, how much you can take home, and how your pension is impacted. We guide you through the pros and cons of each.Allowable Expenses
Locums and consultants are entitled to claim expenses such as travel between hospitals, CPD, indemnity, professional subscriptions, and home office use. We ensure you claim everything you’re entitled to while staying within HMRC rules.NHS Pension Considerations
Whether you’re building pensionable service as a consultant or weighing up options as a locum, we help you understand how contributions interact with annual and tapered allowance limits.
Why Choose Kumar Associates?
Specialist medical focus – We’ve worked with hundreds of doctors, dentists and clinicians across the UK.
Up-to-date knowledge – NHS rules, tax allowances and HMRC guidance evolve constantly — we stay ahead, so you don’t have to.
Clarity & Transparency – We explain everything in plain English and agree fixed fees up front.
Accounting Services
Take a look at some of our most popular accounting services.
Accounting & Book-keeping
We can prepare your annual accounts, whether you are a sole trader, in a partnership or running a company.
NHS Pension Advice & Planning
We have a dedicated payroll & pension team who provide an efficient and cost effective service.
R&D Medical Innovation Tax Relief
Our in-house R&D tax experts will guide you through the process of claiming tax relief for your innovative projects.
Expense Optimisation
Our team provide objective reviews of your finances, helping ensure compliance and peace of mind for stakeholders.
- Practice Accounts & Benchmarking
- Locum & Consultant Tax Planning
- Practice Structuring & Partnerships
- Payroll & CIS-Style Contractor Management
- NHS/PCN Cash Flow & Funding Advice
- Taxation Services
- Company Secretarial Services
- Business Start Up
- Consultancy & Systems Advice
- Investments & Pensions
- Management Accounting & Finance Support
- Finance Function
- Virtual Finance Director
- Company Sales and Acquisitions
- M&A Due Diligence Services
- Restructuring & Insolvency
Book Your Free Medical Financial & Tax Health Check today
Is your GP practice, dental surgery, pharmacy, or private clinic turning over £250,000 or more? At Kumar Associates, specialist medical accountants, we’re offering a complimentary financial and tax health check designed specifically for healthcare professionals.
During your no-obligation consultation, we’ll review your accounts and highlight:
- Potential tax savings for doctors, dentists, locums, and consultants.
- Grants, NHS reimbursements, or funding opportunities that may benefit your practice.
- Strategies to improve practice profitability, manage NHS pension tax charges, and reduce unnecessary expenses.
- Specialist advice on NHS pensions, IR35, VAT in healthcare, and practice structuring.
Think of it as a professional check-up for your finances — just as you look after patients, we look after the financial health of healthcare professionals.
