
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

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...

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.

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

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

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

LFR Accounting
Accountancy and taxation services

Stewart Accounting Services
Stewart Accounting Services, Chartered Accountants, is a CA firm with its main office in Alloa, Clackmannanshire. We also have offices in Falkirk and ...See More

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

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

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

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

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

Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.

MJF ACCOUNTANCY LIMITED
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Frequently asked questions
What specific tax reliefs can an accountant for doctors claim on my behalf?
A specialist accountant will ensure you claim all allowable expenses, including GMC registration fees, medical indemnity insurance, professional memberships, and costs for courses or conferences. They can also help with expenses related to your home office if you do administrative work there, and they will manage your pension contributions to maximise tax efficiency. Their expertise ensures you do not miss any legitimate deductions.
How does an ACCA or ICAEW qualified accountant differ from a general bookkeeper?
ACCA and ICAEW qualified accountants have undergone rigorous training and examinations, and they must adhere to strict ethical and professional standards. They are licensed to provide audit services, tax advice, and financial reporting. A general bookkeeper may only record transactions, whereas a qualified accountant can offer strategic planning, represent you before HMRC, and ensure full compliance with complex tax laws.
Can you help me with my Self Assessment tax return if I have both NHS and private income?
Yes, an accountant specialising in medical finances will accurately calculate your total taxable income from all sources. They will ensure that your NHS salary is correctly reported, and they will advise on how to handle private practice earnings, including any expenses directly related to that work. They will also help you make payments on account and avoid any penalties for late submission.
What should I look for when choosing an accountant for my medical practice?
Look for a professional who is a member of a recognised body such as ACCA, ICAEW, or AAT, as this guarantees a certain level of competence and ethical conduct. It is also beneficial to choose someone with experience working with doctors, as they will understand the unique aspects of medical income and pension schemes. You should also consider their availability and whether they offer proactive advice.
How can an accountant help with VAT registration for my private practice?
If your private practice turnover exceeds the VAT threshold, you must register for VAT. An accountant will advise on the most suitable scheme, such as the flat rate scheme, and will handle your quarterly VAT returns. They will also ensure you correctly reclaim input tax on eligible purchases and that you maintain proper records to satisfy HMRC requirements.
Is it worth using an accountant for doctors if I am a salaried GP?
Even as a salaried GP, you may have additional income from locum work, private consultations, or other sources. An accountant can help you manage your tax code, ensure you are not overpaying tax, and claim expenses you may not be aware of. They can also assist with pension annual allowance calculations and advise on tax-efficient savings strategies.
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