
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

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
HUBBLE ACCOUNTANCY 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.
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...

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

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
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...

Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More

Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.

SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
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

DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More

Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
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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

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
Frequently asked questions
What should I look for when choosing an accountant for my medical practice?
When selecting an accountant, look for qualifications such as ACCA, ICAEW, or AAT, as these demonstrate a high level of professional competence. You should also seek someone with experience in the healthcare sector, particularly with doctors, as they will understand issues like pension annual allowance and mixed income streams. Check that they are registered with a recognised body and have a good track record with HMRC. Finally, consider their communication style and availability, as you will want an accountant who is approachable and responsive throughout the year.
How can an accountant help me with my Self Assessment tax return?
An experienced accountant will prepare your Self Assessment tax return accurately and ensure it is submitted before the deadline. They will identify all allowable expenses you can claim, such as professional subscriptions, indemnity insurance, and equipment costs, which can reduce your tax liability. They will also advise on any income from private work or rental properties, ensuring everything is declared correctly. By using their services, you minimise the risk of errors and penalties, and you free up valuable time to concentrate on your clinical duties.
What are the benefits of using a firm that specialises in doctors' finances?
A specialist firm will have a deep understanding of the financial landscape for doctors, including the complexities of NHS pensions, locum work, and limited company structures. They can provide proactive advice on tax-efficient ways to draw income, manage your pension contributions to avoid annual allowance charges, and plan for retirement. Because they work with many medical professionals, they are up to date with sector-specific regulations and HMRC guidance. This expertise ensures you receive tailored advice that is relevant to your unique circumstances, helping you make the most of your earnings.
How does AccountingFirms.co.uk verify the accountants listed in its directory?
AccountingFirms.co.uk was built by ICAEW and ACCA accountants, and we take verification seriously. Each firm featured in the directory is checked to ensure they are regulated by a recognised professional body, such as the ICAEW, ACCA, or AAT. We also review their qualifications and any disciplinary history to maintain high standards. This means you can browse with confidence, knowing that the professionals you connect with are properly qualified and authorised to offer accountancy services. Our goal is to provide a trusted platform for finding reliable financial advice.
Can an accountant help me with VAT if I run a private practice?
Yes, an accountant can assist you with all aspects of VAT, including registration, completing quarterly returns, and ensuring you claim the correct input tax on your business purchases. If your private practice turnover exceeds the VAT threshold, your accountant will advise you on the best scheme to use, whether that is the standard scheme, flat rate scheme, or annual accounting. They will also help you understand which services are exempt from VAT and how to structure your invoices correctly. This support ensures you remain compliant with HMRC and avoid any costly mistakes.
What is the annual allowance taper and how can an accountant help me manage it?
The annual allowance taper reduces the amount you can contribute to your pension tax-free each year, and it affects many higher-earning doctors. Your accountant can calculate your threshold income and adjusted income to determine whether the taper applies to you. They can then advise on strategies such as using carry forward, making contributions to a different pension scheme, or adjusting your income to stay within the allowance. By planning ahead, you can avoid unexpected tax charges and make the most of your pension savings. This is a complex area where professional advice is invaluable.
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