
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

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

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

MRC Accounting Services
Providing accounting services and solutions
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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

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

Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...

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

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

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
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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

Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More

Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
Frequently asked questions
What specific services do accountants for doctors typically provide?
Accountants for doctors typically provide a range of services including Self Assessment tax return preparation, tax planning, bookkeeping, payroll for practice staff, and advice on pension contributions. They also assist with practice structure, whether you are a sole trader, partnership, or limited company. Many offer specialist advice on NHS pension schemes and help you maximise your income whilst staying compliant with HMRC regulations.
How can an accountant help me with my Self Assessment tax return?
An accountant can help you with your Self Assessment tax return by accurately recording your income and expenses, identifying allowable deductions, and ensuring your submission is made on time. They will also advise on any payments on account and help you plan for future tax bills. This reduces the risk of errors and penalties, and saves you valuable time.
What is the difference between an ACCA and an ICAEW accountant?
Both ACCA and ICAEW are prestigious professional bodies for accountants. ACCA (Association of Chartered Certified Accountants) has a global focus and is known for its broad coverage of accounting, audit, and tax. ICAEW (Institute of Chartered Accountants in England and Wales) is a leading professional body with a strong reputation for business and finance expertise. Both require rigorous exams and practical experience, ensuring high professional standards.
Do I need a specialist accountant if I am a locum doctor?
Yes, a specialist accountant is highly beneficial for locum doctors. Locum work often involves complex tax issues, such as IR35, expenses, and managing multiple income streams. A specialist will understand the nuances of locum contracts and help you structure your affairs efficiently. They can also advise on pension contributions and ensure you are not overpaying tax.
Can an accountant help me with VAT and Corporation Tax if I run a limited company?
Absolutely. If you run a limited company, your accountant will manage your Corporation Tax return and ensure you pay the correct amount. They will also advise on VAT registration if your turnover exceeds the threshold, and help you prepare VAT returns. This includes identifying input VAT you can reclaim and ensuring compliance with HMRC requirements.
How do I choose the right accountant for my medical practice?
To choose the right accountant, consider their qualifications, experience with medical professionals, and the services they offer. Look for memberships in professional bodies like ACCA, ICAEW, or AAT. It is also important to review their communication style and availability. Use a directory like AccountingFirms to compare providers and read client feedback to make an informed choice.
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