
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

TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More
HUBBLE ACCOUNTANCY LTD
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Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More

Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More

KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More

Capital Accountancy - Accountants & Tax Advisors
WE at CAPITAL ACCOUNTANCY specialises in helping small-to-medium sized businesses, sole traders, contractors and landlords. We make sure you pay the r...See More

MRC Accounting Services
Providing accounting services and solutions
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More

Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
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Raven Solution
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More

Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...See More

Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...See More

Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More
Frequently asked questions
What specific services do accountants for doctors typically provide?
Accountants for doctors usually offer services such as preparing and filing Self Assessment tax returns, advising on NHS pension schemes, managing private practice income, and helping with VAT registration. They also assist with Corporation Tax if you run a limited company, and they can provide ongoing bookkeeping and payroll services. Their expertise ensures that you meet all HMRC deadlines and maximise your tax efficiency.
How can an accountant help with my NHS pension and tax planning?
An experienced accountant can analyse your NHS pension contributions and advise on the annual allowance, which can be complex due to the tapered annual allowance for higher earners. They can help you plan your finances to avoid unexpected tax charges, and they will work with you to structure your income and pension contributions in the most tax-efficient way. This proactive approach can save you significant money over time.
Do I need to be registered for VAT if I have a private practice?
VAT registration is mandatory if your taxable turnover exceeds the current threshold, which is £85,000. However, even if you are below this threshold, you may choose to register voluntarily, especially if you provide services to other VAT-registered businesses. An accountant can review your income and advise on the best course of action, ensuring you comply with HMRC regulations and avoid penalties.
What qualifications should I look for in an accountant?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications indicate that the accountant has undergone rigorous training and adheres to high ethical and professional standards. Additionally, you may want to find someone who has experience working with medical professionals, as they will be familiar with the specific financial issues you face.
How often should I meet with my accountant?
It is advisable to meet with your accountant at least twice a year, once for tax planning before the end of the tax year and once to prepare your tax return. However, you may need more frequent meetings if your financial situation is complex, such as if you have multiple income sources or are considering a major investment. Regular communication ensures that you stay on top of your obligations and take advantage of any new tax reliefs.
Can an accountant help me if I am a locum doctor working through a limited company?
Yes, an accountant with experience in the medical sector can provide invaluable support for locum doctors who operate through a limited company. They can assist with Corporation Tax returns, payroll, and dividend planning, as well as ensuring that you comply with IR35 rules. They will also advise on allowable expenses and help you structure your remuneration to be as tax-efficient as possible.
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