Accounting & Tax for Locum Doctors
Locum doctors often work across multiple practices, hospitals, or regions, usually as contractors rather than employees. This unique career path creates specific tax considerations around PSI rules, travel deductions, and managing income that can vary significantly month to month. Without proper planning, these obligations can quickly become overwhelming.
Issues Specific to Locum Work
- PSI rules: Determining whether locum income meets the unrelated clients test is critical for compliance.
- Travel and accommodation: Relocation between placements often involves deductible expenses, but rules must be applied correctly.
- Irregular income: PAYG instalments and BAS can be difficult to manage when income fluctuates.
- Business structure: Choosing between sole trader, company, or trust affects tax efficiency and liability.
- Superannuation: Contribution planning is essential when income is inconsistent.
Why Locum Income Needs Active Management
Because locum income is rarely smooth or predictable, tax obligations such as PAYG instalments can catch doctors off guard. We help set up systems so tax and superannuation are accounted for as you earn, not as a surprise at year end. This proactive approach ensures compliance and reduces stress.
Practical Examples
- A locum working in three hospitals may claim travel and accommodation expenses between placements.
- Doctors operating through a company structure may benefit from income splitting and reduced personal liability.
- Regular super contributions, even with irregular income, help build long‑term retirement savings.
One Team, Every Financial Need
Our accounting services for locum doctors cover tax returns, BAS lodgements, payroll, and strategic planning. Whether you’re new to locum work or an experienced practitioner, we provide tailored advice to make tax time predictable, not stressful.
Related Resources
- Back to Accounting and Tax Services for Doctors
- PSI Rules for Doctors and Medical Professionals
- Payroll Services for Medical Practices
- Tax Deductions Every Doctor Should Know
If you locum across multiple practices or regions, we can help structure your income so tax time is predictable, not stressful.