Locum Payment Advice
At Vet Seekers we take payroll very seriously and make payment directly to all our locums, based on signed time sheets being submitted via our online time sheet portal. These need to be submitted each Monday, no later than 12.00pm for payment on the Friday of that week. This guarantees consistent, accurate pay each week and veterinary practices can easily engage locums without administration or liability.
It is entirely your decision on the route you decide to take. If you are unsure on any point we would encourage you to seek independent advice before you make your decision.
Remember you decide your payment rate, but of course we can offer advice and up-to-date market rate information.
We can make payment via:
- Limited companies
- Umbrella companies (PAYE)
- Self-employed locums on an introducer basis, under the right circumstance
- Normally very straightforward to set up, usually within 24 hours
- Working through an umbrella company offers an ideal first step into contracting, without all the hassle and responsibility of paperwork
- Ideal for short term locuming
- With some locum assignments you can claim expenses, however you must ensure that you are not under supervision, direction or control (SDC) in how you carry out your work for the end client
- They handle your administration, calculate your tax and NI contributions and make payments to HMRC. At the same time, you’ll be paid on time, each week
- Each week you must send in signed time sheets to both the Umbrella Company and Vet Seekers
- It is your choice on how you get paid and who you use. However, we do have a couple of preferred Umbrella companies that we have fully vetted to make sure they are compliant and up to date with today’s legislation. Please contact the Vet Seekers team to find out more. T: 0333 0147 374 E: email@example.com
- This is perceived by many to be the most proficient way to be paid for long-term locum work
- Your Limited Company must have its own bank account and provide us with a copy of its own certificate of Incorporation and VAT certificate if applicable
- As a named Director of the Company, it is your responsibility to ensure that you invoice Vet Seekers Ltd
- You will need to send in a signed time sheet with your invoice each Monday by 12.00pm
- Vet Seekers will then make payment of this invoice each week to the bank account provided
- We do advise that you use an accountant and You as the Director of the Company will be legally liable to submit Tax/Vat returns to HMRC
- It is your choice on how you get paid and who you use. However, we do have a couple of preferred Accountants that we have fully vetted to make sure they are compliant and up to date with today’s legislation.
- Please contact the Vet Seekers team to find out more
We can act as an introducing recruitment business where we would secure you a suitable role and the practice would pay you directly under the right circumstances
- IR35 is a piece of government legislation designed to put an end to Tax and National Insurance Contributions (NICs) avoidance by using intermediaries such as service companies (Limited or Personal) or partnerships.
- In a nutshell, IR35 affects all contractors who do not meet HMRC’s definition of ‘self-employment’
- Here is a guidance link to IR35 – https://www.gov.uk/guidance/ir35-find-out-if-it-applies