Self Employed Locum GP Tax questions

[Deleted User]

neil5061 said:

https:// www.gov.uk/guidance/health-professionals-pharmaceutical-products-and-vat-notice-70157#section2
Does this not say we are excempt?

You are definitely exempt if treating patients directly.

On another point, it is fine to be a regular or long-term locum and still retain self-employed status. Just don’t work for the same practice, whatever the number of sessions, for more than six months. At that point the practice will become responsible for both employee AND employer pension contributions. This would equate to 35% of your earnings and the practice would be responsible for 20.6% of that. HSC pensions are very strict on this.

neil5061

I dont personally take up the NHS pensions. Charge my fees and receive the gross amount and will pay tax via self assessment. 

[Deleted User]

neil5061 said:

I dont personally take up the NHS pensions. Charge my fees and receive the gross amount and will pay tax via self assessment. 

You are not in the pension scheme? Fair enough.

Grumpy_chap

neil5061 said:

C300 coupe which is quite a popular car. The private element is the "enjoyment" of driving it which cant be taxed! 

That's a nice choice of car.
Do you have another vehicle for private use?
I think it will be very difficult to establish to the satisfaction of HMRC that the vehicle is not available for private use, especially given the type of car chosen.  I have seen people in other business sectors struggle on this when the vehicle was a small van.   

unholyangel

OP I just want to check something given your plans to have two phones, cars etc and how you said you thought you could claim back the whole cost.....

You're aware it's tax relief you claim on the expense rather than reimbursement? 

Apologies if you are aware, just thought it worth mentioning in case.

neil5061

Yes I was aware I would essentially be paying 60% of the majority of this- is that correct? (i.e my tax bukk would have been 40 percent higher had i taken the money as income)
No other private vehicle. Live in london so never need a car other than to commute to some of shifts further out and for home visiting. 
I wouldn't have two cars but the car was delivered new to me and can provide evidence re mileage vs the car reading if need be. Surely that would be enough. 

Sibbers123

No personal use of a car!? HMRC would love you! 

The best advice one could give you would be to engage an accountant. Like you would advise someone to see a doctor and not rely on a free Internet forum that doesn’t have the full picture.

Jeremy535897

neil5061 said:

Great thats perfect thank. And if I buy nice headphones or earphones I can put them in capital allowance presumably?

Wholly and exclusively allows for some personal choice, but not over the top. An overnight stay in a hotel far enough from home is OK, for example, but not the best suite in the best hotel. £3,500 on some 64Audio earphones would also no doubt be hard to defend. 

neil5061

Sibbers123 said:

No personal use of a car!? HMRC would love you! 

The best advice one could give you would be to engage an accountant. Like you would advise someone to see a doctor and not rely on a free Internet forum that doesn’t have the full picture.

Thanks, maybe I will just split it and say 20 percent personal use to avoid any suspicions. 
Will look into an accountant

neil5061

Jeremy535897 said:

neil5061 said:

Great thats perfect thank. And if I buy nice headphones or earphones I can put them in capital allowance presumably?

Wholly and exclusively allows for some personal choice, but not over the top. An overnight stay in a hotel far enough from home is OK, for example, but not the best suite in the best hotel. £3,500 on some 64Audio earphones would also no doubt be hard to defend. 

Fair enough I was thinking maybe 200 on noise cancelling ones.