
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

TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More

LFR Accounting
Accountancy and taxation services

NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More

LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More

CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...See More

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More

IDEO BUSINESS SERVICES LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More

Tax Returns - London
At Cheap Tax Returns, we love to give a personalized touch to the service we provide. As an accountancy firm, we understand small business owners and ...See More

Breco Accounting Services
Client centered accountant concentrating on helping small businesses and individuals. Friendly Service, Competitive rates. Payroll Services, Vat Retur...See More

TaxKings Tax Made Simple
TaxKings work with owner managed businesses all over the UK. With off...

Agility Bookkeeping
Agility Bookkeeping is a Xero online bookkeeping firm based in the UK having three offices in Glasgow, Stirling, and Edinburgh. Whether you are a new ...See More

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More

Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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MJF ACCOUNTANCY LIMITED
Frequently asked questions
What specific tax reliefs can an accountant help me claim as a doctor?
A specialist accountant will ensure you claim all allowable expenses, such as professional subscriptions, indemnity insurance, conference fees, and specialist equipment. They will also help you navigate pension annual allowance complexities and claim tax relief on any expenses incurred solely for your work, ensuring your Self Assessment tax return is fully optimised.
How can an ACCA or ICAEW qualified accountant assist with my private practice?
If you run a private practice, an ACCA or ICAEW qualified professional can provide invaluable support. They can advise on the most tax-efficient business structure, manage your VAT registration and returns, and handle your Corporation Tax if you operate through a limited company. Their expertise ensures your private practice is financially sound and compliant.
Why is it important to have an accountant who understands the NHS pension scheme?
The NHS pension scheme has complex rules regarding annual allowance and lifetime allowance. An accountant who specialises in medical finances can help you understand your pension contributions and avoid unexpected tax charges. They can also assist with tax planning strategies to manage your overall income and pension position effectively.
What should I look for when choosing an accountant for my medical practice?
When selecting an accountant, look for someone who holds a recognised qualification such as ACCA, ICAEW, or AAT, and who has demonstrable experience working with medical professionals. It is also important to consider their familiarity with HMRC regulations and their ability to provide proactive advice on tax planning, not just annual compliance.
Can an accountant help me with my Self Assessment tax return if I do locum work?
Yes, absolutely. An accountant who works with doctors will be well-versed in the complexities of locum work. They will ensure that all your income from various NHS trusts and private agencies is accurately reported to HMRC, whilst also claiming every legitimate expense you incur, such as travel, equipment, and professional development costs.
How often should I meet with my accountant to ensure my finances are in order?
It is recommended to have a formal review at least twice a year, although many doctors benefit from more frequent contact. Your accountant should be available for ad hoc queries and should proactively communicate with you regarding any changes in tax legislation that may affect you. Regular communication ensures that your tax planning remains effective throughout the year.
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