Accounting Services For Locum Professionals

by specialist locum accountants

Warr & Co Locum Accountants have been helping locum professionals reach their full potential for over 30 years. Unlike larger, national accountancy firms who cater for locum professionals, Warr & Co can offer you a tailored service, we know our clients individual requirements and work with you to help you manage your business effectively. With Warr & Co you will not just be a number on a spreadsheet, you’ll find your business is cared for an nurtured by financial professionals who really care about the success of your locum business.

Often, working as a locum will help you earn more than a full time position. However living la vida locum does mean that you’re responsible for finding contracts, increased travel, increased financial responsibilities and above all, flexibility.

So it’s easy to understand why locums often require professional assistance to keep their books in order and ensure their take home pay is optimised. Our locum accounting services start at less than £1 per day for sole traders and less than £1.70 per day for Limited Companies.

medical forms and pills icons

With Warr & Co, you’ll also have the opportunity to utilise one of our approved cloud accounting softwares. So you can update your accounting team and have an overview of your business’ finances at a click of a button or a tap on your smartphone. We are a proactive firm and our aim is to help you to run your locum business as simply, easily and effectively as possible.

The Warr & Co locum accounting team have experience in completing accounts for many locum specialities. In particular, we specialise in accounting services for Locum GPs and Locum Pharmacists. Click below to see more information about our specific services for Doctors and Pharmacists.

For all other locum professions, please complete the contact form below and we’ll be happy to offer you a free no-obligation consultation.

Book Your Free Locum Accounting Consultation Now

Services For Locum Professionals

Locum Doctor Accounting Services

Our team of locum doctor accountants are ready to help you with all of your accounting needs. We understand that being a locum doctor is a time-consuming occupation. That’s why we make it our goal to provide a level of service that takes all the stress out of the financial side of running your own locum business.

Whether you’re considering becoming a locum doctor or you’re a locum doctor with many years’ experience, we can help you. From setting up your first limited company to making those all important changes in line with legislation, you can rest easy knowing your business finances are in the best hands.

Demand for locum doctors is on the rise, and many professionals are choosing to work locum to support their full or part time roles. We understand the attraction to becoming your own boss, improving your earning potential and choosing your own working hours. We also understand that working as a locum doctor can be challenging, especially when it comes to your accounts.

While some larger accountants will charge high annual or monthly fees, even charging extra for calls or letters, Warr & Co are different. We take a personal interest in each and every client, offering a fair annual fee with no hidden charges for you to worry about.

Locum Doctor

Sole Trader

£350 ex VAT

per year


Completion of income accounts

Completion of expenditure accounts

Completion of personal tax return

Locum Doctor

Limited Company

£600 ex VAT

per year


Completion of annual statutory accounts

Completion of corporation tax returns & payroll

Completion of dividend vouchers

Locum Doctor

Sole Trader

£350 ex VAT

per year


Completion of income accounts

Completion of expenditure accounts

Completion of personal tax return

Locum Doctor

Limited Company

£600 ex VAT

per year


Completion of annual statutory accounts

Completion of corporation tax returns & payroll

Completion of dividend vouchers

With locum doctor accounting services starting from less than £1 per day, you’re getting a great service for a great price. Our annual fixed fee locum doctor accountant services are based on well maintained bookkeeping records. Fees include full partner support by email and/or telephone – whichever works best for you. And if the fixed price options above aren’t quite right or you, we are always happy to set up a customised service to suit you.

Accounting for locum medical professionals is quite a specialist area. Two of our company directors who head up our locum accounting services are highly experienced in this niche area, with over 30 years’ experience between them.

And if you’re currently looking to switch from a different accounting firm, we can assure you that we operate differently. At Warr & Co it’s all about you – we understand and care for each client, ensuring not only that your requirements are met, but that we’re proactive with your account. That means we’ll be updating you with the latest information, always trying to work a few steps ahead to ensure you get the most out of our knowledge and experience.

We believe we are different, progressive and forward-thinking, and we’re always looking for ways to improve our services to take the stress out of running a business for our clients. One of our latest additions is cloud-based accounting services for doctors. For only £7 per month, our locum doctor clients now have access to one of our approved cloud accounting solutions at a discounted rate*. So when you’re working on the road, updating your accountant or your financial details is only a click away.

*rates are discounted on services own listed pricing

Don’t let the financial stress of running your own business control your career, let Warr & Co provide the assistance you require to let you do the job you love to do.

We provide locum doctor accountant services UK-wide via offices in London and Manchester and Stockport. To speak with one of our locum doctor specialist directors regarding your business’ tax and accounting, please complete the form above or call us during office hours:

  • London 0203 174 1436
  • Manchester 0161 336 2222
  • Stockport 0161 477 6789

Locum Pharmacist Accounting Services

If you’re a full time pharmacist who is considering moving into a locum role, or if you’re an experienced locum pharmacist Warr & Co can provide you with all the accountancy and tax services your business requires.

Demand for locum pharmacists has increased dramatically in recent years and we understand that setting up your own business as a pharmacy locum contractor can be a daunting task, however Warr & Co has the experience to provide your with the confidence that you will get the most our of your independent career.

Working as a freelance pharmacy locum has it’s obvious advantages; enhanced remuneration, choosing your own hours and being your own employer. However there are also perceived risks to working as a pharmacy locum, particularly managing your own finances. Many accountancy firms charge high annual or monthly fees and add on additional fees for calls, letters, etc – Warr & Co are different and charge a fair annual fee, no hidden charges.

We offer the following fixed fee accountancy services for pharmacy locums:

Locum Pharmacist

Sole Trader

£350 ex VAT

per year


Completion of income accounts

Completion of expenditure accounts

Completion of personal tax return

Locum Pharmacist

Limited Company

£600 ex VAT

per year


Completion of annual statutory accounts

Completion of corporation tax returns & payroll

Completion of dividend vouchers

Locum Pharmacist

Sole Trader

£350 ex VAT

per year


Completion of income accounts

Completion of expenditure accounts

Completion of personal tax return

Locum Pharmacist

Limited Company

£600 ex VAT

per year


Completion of annual statutory accounts

Completion of corporation tax returns & payroll

Completion of dividend vouchers

The fixed fees quoted above are based on bookkeeping records kept to a good standard. The above fees include full partner support either by email or telephone, throughout the year. Should your requirements differ we would be more than happy to provide an individual quote for your pharmacy locum accounting requirements – we offer a free, no obligation initial consultation.

Accountancy for pharmacy locums is quite a specialist area. Headed up by two of our most specialised directors, our pharmacy locum accounting team has decades of experience in the industry, providing tax support and accounting services since 1994.

Our pharmacy locum accountants can advise you on the best way to set up your new business, whether that be as a sole trader or as a limited company, and we will take into account your individual personal circumstances.

What makes Warr & Co different? We proactively update you with the latest changes that will make an impact upon your business, whether that be positive or negative, and we’ll help your business navigate any changes to result in maximum benefit.  In short, we’ll look for the tax saving opportunities for you and explain, in easy to understand terms, what we advise you to do.

Warr & Co are a progressive firm, and we’re continually improving services for our clients to make running a business as easy as possible for you. For example, for an additional small monthly fee, pharmacy locum professionals have the option to utilise one of our approved cloud accounting solutions at a discounted rate*.

We provide our services throughout the UK via our offices in London, Stockport and Manchester. We understand that you need flexibility and are always happy to arrange meetings outside usual office hours.

Warr & Co pride ourselves on our high service levels; it’s what sets us apart from the competition and keeps our clients happy in the long term. To speak with one of our directors regarding your tax and accounting needs, please complete the form below or contact us on:

  • London 0203 174 1436
  • Manchester 0161 336 2222
  • Stockport 0161 477 6789

*rate discounted from services’ own list pricing

Cloud Accounting Services

As of April 2019, all businesses above the VAT threshold will be required to use a digital cloud-based bookkeeping solution to submit returns to HMRC. So to get our clients off on the right foot, we’ve selected our top five providers and partnered with them to help our clients to be MTD (Making Tax Digital) compliant.

The Best Cloud Bookkeeping Services For Locums

We’ve tried and tested the best that is available, and while all five of the services we offer to clients at a discounted rate are compliant and user-friendly, some may be better than others for your specific business.

Our accountants are happy to point you in the direction of the cloud accounting solution that best fits your business model, helping to ensure you have the service you need for the long term.

Take a look at our recommended services and contact us if you’d like to become a client and benefit from signing up to a cloud bookkeeping solution for locums with us.

Professional Indemnity Insurance For Locums

What Is Professional Indemnity Insurance?

Professional indemnity insurance is the most important type of insurance that your business should have if you are a freelancer, contractor or locum. This type of insurance protects you against claims made by clients.

Professional indemnity insurance will cover you and your business from the everyday risks that can come with being self-employed. Imagine a mistake has been made while you’re at work, the costs that are potentially applicable in correcting that mistake and the losses your client could have incurred as a result – the bigger your client, the more you could potentially be liable for.

While it’s worth noting that these cases are rare, they do happen every year. Without professional indemnity insurance, you and your business are at huge risk with every new contract you undertake. Insurance is an affordable and tax-deductible safety net for your business.

Why Do We Recommend Professional Indemnity Insurance?

If an occasion should arise where you and your client enter a dispute over an error made, work standards, or expectations, your business needs to be protected from a potential claim. It’s worth noting that even if you are in no way at fault, a claim could still be made against your business, resulting in you having to defend yourself at your own cost.

Professional indemnity insurance protects you from some of the costs associated, which is why the team at Warr & Co believe this is an essential requirement for your contracting, freelance or locum business.

Warr & Co have teamed up with Caunce O’Hara – contractor and locum insurance specialists – to offer professional services to our client base. Caunce O’Hara, a top 100 independent broker, were selected by our board of directors for their expertise in the freelance contractor market combining decades of specialist experience. In addition, the team at Caunce O’Hara provide a 24/7 easy purchase option. Simply fill your details in to obtain a quote and click to begin your policy.

We can’t stress enough the importance of protecting your business with professional indemnity insurance. Please click the link below to visit Caunce O’Hara for a free no-obligation quote now.

Get A Quote From Our Recommended Suppliers*

*By clicking the link above you understand that you will be directed to a third party website. If you choose to proceed to purchase insurance products from Caunce O’ Hara, Warr & Co will receive commission for your purchase, and by clicking this link, you agree that Warr & Co Limited may retain this. For example should you purchase a professional indemnity insurance policy for £200 (net of IPT) Warr & Co would receive £15 as commission.

Tax Enquiry Service

What Is A Tax Enquiry?

A Tax Enquiry is an HMRC investigation into your businesses taxes. Often this is not a simple process, as the investigative team from HMRC may want paperwork and face-to-face meetings to discuss your business taxes.

Anyone can be subject to an HMRC enquiry, and you must comply by law. They can target any business they wish to and do not have to have a reason to target your business, meaning that they can open an enquiry even if you’ve done nothing wrong.

This is troubling for businesses, and especially small businesses. The cost of defending your company in a tax enquiry with HMRC is significant and can easily run into thousands of pounds – in addition, it’s not unusual for enquiries to last months or even years. So you need a good accountant on your side to defend you and ensure no errors are made on your behalf throughout the investigation.

What’s Included In The Tax Enquiry Service?

Warr & Co will deal with all HMRC correspondence on your behalf, we will prepare and defend your case, and we will negotiate the best possible outcome for you wherever necessary.

Did you know? Even if you are not at fault and have had no errors in your business taxes, the costs of defending your business in an HMRC enquiry are not refunded. Unfair, yes, but that’s exactly why this add-on service is highly recommended to all of our business clients.

For one small annual fee, your business is covered in case HMRC decides to open an enquiry for your business. Whatever the outcome, you’re safest if you have our Tax Enquiry Service on your side.

We have plenty of information, including a downloadable leaflet about tax enquiries and pricing for this service, on the link below.

Learn More About Our Tax Enquiry Service

Should Locums Choose An Umbrella Company Or A Limited Company?

While an umbrella company may seem to offer you all you wish for with minimum hassle, it’s best to go by the old saying, ‘If it seems too good to be true, it probably is’.

Yes, you may find an umbrella company for locums that suits your needs, but it’s very likely you’ll end up taking home less of your hard-earned pay that way.

For locums we strongly believe that becoming a Sole Trader or a Limited Company are the best way to go. And if you’re looking for the service level offered by an umbrella company, look no further.

Warr & Co understand that every client is different and will have different requirements. That’s why we can offer either a standard package covering all aspects of your financial management or a custom built package.

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Other Relevant Accounting Services For Locums

Corporate Tax Planning

Accounts & Tax

Payroll & Auto Enrolment

Cloud Bookkeeping

VAT

R&D Relief

Book A Free Locum Accounting Consultation Now

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