
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

Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More

Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More

Central London Accountants
We are proud partners of leading software provider firm Xero, and we can help if you require Xero Accountants in London, Xero training, or need remote...See More

Cheap - Accountants
As a small business owner, your main focus is to work on your business strengths to help it grow, and you can’t just achieve it through juggling every...See More

London Accountants
We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium sized businesses. See More

APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More

Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More

Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More

" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More

Taxaccolega Chartered Accountants & Tax Advisers
As one of the brightest firms of chartered accountants in London, UK, Taxaccolega, based in Croydon, combines the passion and creative thinking of a s...See More

Abu Umar & Co.
Welcome to Abu Umar & Co. We are a small Accounting firm, based in London, We specialize in dealing with all accounting problems. As we have been o...See More

Cruse + Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More

Owadally & Kings Partnership
At O&K we aspire to be one of the most forward thinking accountancy firms in Croydon. Our dedicated in-house team, and external specialists, based in ...See More

Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More

TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More

Startup Accountants
Our startup accountants London operate with a specific approach to keep your business afloat. Gradually positioning it where you have dreamt it to be....See More

Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
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City Tax London
City Tax London provides unparalleled personalized accounting services and th...
Frequently asked questions
What specific services do accountants for doctors provide?
Accountants for doctors offer a range of services tailored to medical professionals. These include preparing and submitting Self Assessment tax returns, managing VAT returns, and handling Corporation Tax for limited companies. They also provide advice on expense claims, pension contributions, and tax-efficient salary structures. Many also offer bookkeeping and payroll services if you employ staff in your practice.
How do I know if an accountant is qualified to handle my medical finances?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to strict ethical standards. Additionally, many accountants specialise in serving doctors and will have experience with NHS pensions, locum income, and private practice. You can check their credentials on the AccountingFirms directory.
What tax deductions can I claim as a doctor?
As a doctor, you can claim a variety of tax-deductible expenses, including professional indemnity insurance, medical defence union fees, course fees for continuing professional development, and the cost of medical equipment. You can also claim for travel expenses between workplaces, home office costs if you work from home, and subscriptions to professional journals. An accountant will help you identify all allowable deductions to minimise your tax bill.
How often should I meet with my accountant?
It is advisable to have at least two meetings a year with your accountant. One meeting should be before the end of the tax year to review your financial position and plan for the upcoming year. The second meeting should be after the tax year ends to prepare your tax return. However, you may need more frequent contact if your financial situation changes, such as starting a new practice or taking on additional income.
Can an accountant help me with HMRC investigations?
Yes, an experienced accountant can provide invaluable support during an HMRC investigation. They can represent you, communicate with HMRC on your behalf, and ensure that all required information is provided accurately and on time. This reduces stress and helps protect your rights. Having a professional who understands tax law and investigation procedures can make a significant difference in the outcome of the enquiry.
What is the difference between a tax return and a tax review?
A tax return is the formal submission of your income and expenses to HMRC, which calculates your tax liability. A tax review is a broader assessment of your financial affairs, where an accountant analyses your income, outgoings, and future plans to identify potential savings and efficiency improvements. While a tax return is mandatory, a tax review is a proactive service that can help you reduce your tax burden and plan for the future.
About Accounting Firms
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