Why do we exist?

The back story

GPnetworks was the inspiration of a GP.  Back in noughties, a GP, working as a locum had the idea that an online network that connected all the locums with all the Practices would benefit everyone (except the agencies).

The GP teamed up with a techie mate and together they devised the first version of the system.

Needless to say, it was a great success and more sophisticated versions followed.

Our reason to exist

We exist because we believe in the idea that we can provide a platform that is capable of saving time, stress and money and we believe we can do this without charging an arm and a leg for the service.

We think that we can show NHS services a better way to interact with the clinical resources that surround them and that we can offer the people that comprise that clinical resource a single account that makes managing their professional lives easier.

What can your account do for you?

With a free practitioner account, you can

  • Connect yourself and your availability to your choice of employers
  • Receive email and in-app notifications of all requests & activity
  • Chat with practices to arrange, clarify & negotiate
  • View and manage a schedule of your commitments
  • Auto generate your invoices to employers – pension calculated or opt-out
  • Build your professional profile, competencies, certificates & qualifications
  • Keep connected with all your account activity with our app

How do we make money?

We offer two types of employer account:

  • Practice Manager accounts
  • Hub Workforce accounts

We offer free trial accounts to Practices so that they can see how effective the solution can be for them. If they wish to continue when the trial ends, we charge £150 per year for unlimited access.

Our Workforce accounts offer a service level solution for Primary Care Hub services and Clusters, including Compliance management, complex scheduling using AI, All financial calculations, inc costs and workforce pay – plus sophisticated reporting. We also offer free Pilots to PCN’s and Primary Care services and have a number of paid license models to choose from.

Sole Trader vs Limited Company: Which One Should You Be?

Sole Trader vs Limited Company: Which One Should You Be?

Author: Joshua Danton Boyd – Crunch Accounting

It’s clear the life of a locum doctor can be stressful and time-consuming. It’s no surprise then when it comes to getting paid many will take the simpler choice. While ease may rank highly, in the end, you want to be doing things in the most fiscally efficient way possible. NHS and locum agencies may be simple, but they can also bring your income down.

The next simplest choice is to become a sole trader. In other words, you become self-employed. This is a fairly easy process and pretty much means you become responsible for receiving your wages and ensuring you pay the correct tax on it all. That’s done with a yearly Self-Assessment and can be fairly straightforward if you keep on top of your papers and accounts over the year.

An added benefit though is the ability to claim expenses against the tax you pay. This can include things like travel and equipment costs. While it does make doing your accounts a slight more complicated, it could end up saving you a fair bit of cash too.

Another option is to form your own Limited Company. This, depending on your situation, can have even more benefits. First of all, you can of course claim business costs to bring your tax down which is always handy. After that, things get a little bit more complicated.

A Limited Company is often the most tax efficient way to pay yourself. This is done by giving yourself a set salary equal to the national minimum wage. This brings down the level of income tax that you pay. To top that up, you then pay yourself in dividends which are taxed at a lower rate. This can lead to massive savings.

For example, if you had an income of £40,000, by forming a Limited Company you could be saving yourself well over £2,000 a year. That’s also without including any expenses that you could further claim to bring that number up. The more you earn, the more going incorporated will get you.

A Limited Company does mean more work though and is certainly a more tricky method than being a sole trader. The simple way to think that though is to hire yourself an accountant. In most cases the savings you’ll be making will easily cover the accounting fees with plenty left over.

They’ll take on all the hard work, and with someone like us at Crunch, it’ll just be a matter of using a simple piece of software. We even do the whole process from scratch starting with your incorporation as a limited company!

So, it’s certainly worth looking into if you haven’t already. There’s a lot of money to be saved if you’re willing to make a change.

Visit Crunch now to find out about their services