
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

GO 2 Girl Limited
I offer a fully flexible remote work or local on site and assist you with anything relating to finance within the business and any necessary admin tas...See More

Argents Chartered Accountants
An established firm of chartered accountants based in Norwich, we provide a range of accountancy and business support services to clients throughout t...See More

AWS ACCOUNTANTS (LONDON) LLP

J C Accounting Ltd
J C Accounting Ltd offer the type of bespoke service that larger Accountants can’t. We specialise in Sole Traders, Partnerships and Small Limited Com...See More

Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More

SARA COOPERS ACCOUNTANTS LTD
About Sara Coopers Whatever business you are in; you owe it to yourself to find an accountancy service that operates for your benefit – not the taxma...See More

Accounting4Actors
Accounting4actors is not only for actors! We also represent dancers, musicians, sports professionals, models, writers, artists, directors, camerapeopl...See More

MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies

Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...See More

Rochvilles & Co Accountants Ltd
Welcome to the Rochvilles & Company website. We are glad that you make the time and effort to visit us. The website has being designed to provide you ...See More

MONEYTREE FINANCIAL LTD
Moneytree Financials' focus is to provide clients with useful, relevant and meaningful services aimed at supporting and guiding your business as it mo...See More

TaxAssist Accountants
About TaxAssist Accountants Barking At TaxAssist Accountants, we provide a personal and professional accounting service tailored to you. We help star...See More

Southall Accountants
We are the only accountants in the city who are dedicated to groom your business for growth. If you are a business owner, who is putting in the hard w...See More

KHAWAR & CO LTD
Khawar & Co Ltd is an active company located in London, Greater London. We are specialist accountancy firm, ready to help you with different accountan...See More

KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More

YBSM PARTNERS
YBSM Partners is a Certified Accounting Firm with a difference. Providing Accounting, T...

BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More
Frequently asked questions
What specific services do accountants for doctors typically provide?
Accountants who specialise in the medical sector typically offer a full suite of services tailored to your needs. This includes preparing your annual Self Assessment tax return, managing your practice accounts, and providing strategic advice on tax-efficient ways to draw income. They also handle VAT registration and returns, offer payroll services for practice staff, and provide guidance on significant financial decisions such as property investment or pension contributions, ensuring all advice is compliant with HMRC regulations.
Why is it important to use a certified accountant from a body like ACCA or ICAEW?
Using a certified accountant from a recognised body such as ACCA or ICAEW provides a guarantee of professional competence and ethical conduct. These professionals have undergone rigorous training and must adhere to strict continuing professional development requirements. This ensures they are up-to-date with the latest tax legislation and financial practices. It also offers you a level of protection, as they are accountable to their professional body for the quality of their work and advice.
How can an accountant help me with my HMRC tax return if I have multiple income sources?
Managing multiple income streams, such as NHS pay, private work, and locum shifts, can make your tax return complex. A specialist accountant will accurately aggregate all your earnings and claim all legitimate expenses to minimise your tax bill. They will ensure that your tax return is submitted correctly and on time to HMRC, and they can also advise on your tax code and any payments on account, helping you avoid underpayment penalties and manage your cash flow effectively.
What is the benefit of using the AccountingFirms directory to find a specialist?
The AccountingFirms directory offers a curated list of verified and regulated accountancy practices. This saves you significant time and effort compared to a general internet search. You can easily browse local firms, compare their services and specialisms, and check their professional credentials. As the platform was built by ICAEW and ACCA accountants, you can trust that the firms featured have been vetted to a high standard, giving you confidence in your choice.
Can an accountant help me structure my private practice more tax-efficiently?
Yes, absolutely. An accountant with medical expertise can analyse your practice structure, whether you are a sole trader, a partnership, or a limited company, and advise on the most tax-efficient model for your specific situation. They can help you with profit extraction strategies, expense planning, and ensuring you are not paying more tax than necessary. They will also advise on the implications of the IR35 rules if you work through an intermediary, which is crucial for many locum doctors.
How often should I meet with my accountant to ensure my finances are on track?
It is generally recommended to have a formal meeting with your accountant at least twice a year. One meeting is typically held before the end of the tax year to review your projected income and undertake tax planning. The second is usually after the year-end to finalise your accounts and tax return. However, a good accountant will be available for ad-hoc advice throughout the year, and many offer ongoing support via phone or email to answer any questions that arise.
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