
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

Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...See More

Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More

SAFEBOOKS4U BOOKKEEPING SERVICES
For all Your Bookkeeping Needs Safebooks4u specializes in a variety of bookkeeping services with outstanding support. We understand how busy you are,...See More

MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...See More

Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More

GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More

T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...See More

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
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Additions Accountancy
Welcome to Additions Accountancy Looking for Grantham Accountants? We are a firm of accountants in Grantham with a strong customer service ethos and ...See More
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...See More
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FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More
Frequently asked questions
What specific services do accountants for doctors provide?
Accountants for doctors typically offer services such as Self Assessment tax return preparation, VAT registration and returns, Corporation Tax for limited companies, payroll for practice staff, and pension tax advice. They also assist with expense tracking, tax planning, and ensuring compliance with HMRC regulations. Their expertise is tailored to the unique financial situations of medical professionals, including locum work and private practice income.
How can an accountant help with HMRC tax investigations?
If HMRC opens an investigation into your tax affairs, an accountant can act as your representative and handle all communication with the tax authority. They will review your records, prepare the necessary documentation, and ensure that your tax position is presented accurately. Having professional support can reduce stress and help you avoid penalties. Accountants who are members of ACCA, ICAEW, or AAT are trained to manage such situations effectively.
What should I look for when choosing an accountant for my medical practice?
When selecting an accountant, consider their experience with medical professionals, their qualifications, and whether they are regulated by a recognised body such as ACCA, ICAEW, or AAT. It is also important to check if they offer the specific services you need, such as tax planning or payroll. Reading client reviews and comparing providers can help you find a professional who is a good fit for your practice.
Are there tax advantages for doctors who use a limited company?
Yes, operating as a limited company can offer tax advantages, such as lower Corporation Tax rates on profits and the ability to pay yourself through a mix of salary and dividends. However, this structure also comes with additional responsibilities, including filing annual accounts and Corporation Tax returns. An accountant who specialises in medical practices can help you decide if a limited company is the right choice and manage the ongoing compliance.
How often should I meet with my accountant?
The frequency of meetings depends on your individual needs and the complexity of your finances. Many doctors meet with their accountant at least once a year to review their tax position and plan for the year ahead. However, you may need more regular contact if you have a limited company, employ staff, or are going through significant financial changes. Your accountant can advise on the best schedule for your situation.
What is the difference between ACCA, ICAEW, and AAT qualified accountants?
ACCA and ICAEW are chartered accountancy bodies that require rigorous training and examinations, and their members are qualified to handle complex financial matters. AAT qualifications are focused on practical accounting skills and are often a stepping stone to higher-level qualifications. All three are recognised and regulated, but chartered accountants may have more experience with corporate tax and audit. Your choice should depend on the services you require.
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