In this post we will be dicussing working as a locum Vet now the IR35 Legislation has gone through, and what this means for locum vet jobs in the UK. Firstly let's briefly restate how the IR35 legislation affects vets and nurses in the private sector.
1. All of the veterinary groups have taken the same stance on the legislation resulting in that almost all locums are deemded to be 'Inside' IR35
2. As a result locums are unable to work via their PSC's (Personal service companies) / Ltd companies
3. This means that they have to work via an umbrella company and are liable for employees and employers NI as well as PAYE and the umbrella companies weekly fee
4. Another option is to work for the group on the books via a zero hour contract
5. Most Independent practices will be deemed 'Small businesses' and therefore are exempt from the legislation, and therefore you are still able to use your Ltd company
Now we are clear on what it is how has the affected the UK market since April 6th this year?
Well firstly it has increased the bias of locums wanting to work for independent veterianry practices where they are outside of the legislation- great news for all the independents out there :)
It has caused a huge backlog in the availability of locums for the corporate sector putting strain on existing veterinary teams as practices are unable to cover sickness, holidays, maternity and interim cover with locum vets.
Locum vets have increased their daily rates to compensate for the increase in tax liabilty - some are leveraging this to rather exorbitant proportions causing a lot of discontent with practices having to foot the bill.
Where do we go from here?
With the estimated global population of locum vets in the UK veterinary profession estimated to be over 40% , and due to various factors such as Brexit and Covid-19 making it far more difficult to work in the UK this has left a large hole in the workforce, and there has never been so many locum vet jobs available. We feel that until these international locum vets and nurses come back on stream that this shortage is not going recede for some time. As more restrictions are lifted and the vaccination roll out gathers momentum and ubiquity there is definitely light at the end of the tunnel. One thing is for sure we at GLG will be continuing to work as hard as we can to alleviate that shortage as much as possible.