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
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
APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More
Frequently asked questions
What specific tax reliefs can accountants claim for doctors?
Accountants for doctors can claim relief on professional subscriptions, indemnity insurance, and course fees. They also ensure you claim for home office expenses if you do admin work there, and for travel between hospitals. By using a specialist, you maximise your allowable deductions and reduce your tax bill legally.
How do I choose between an ACCA and an ICAEW accountant?
Both ACCA and ICAEW qualifications indicate a high level of expertise and ethical standards. Your choice may depend on the size of the firm and their experience with medical clients. Check their track record with doctors, ask about their familiarity with NHS pensions, and ensure they are registered with a recognised professional body.
Can an accountant help with my Self Assessment tax return?
Yes, an accountant can prepare and file your Self Assessment tax return with HMRC. They will gather all your income details, including locum shifts and private work, and ensure you claim every allowable expense. This reduces the risk of errors and penalties, and saves you valuable time.
Do I need an accountant if I work solely for the NHS?
Even if you are a salaried NHS employee, an accountant can help you with tax code adjustments, pension annual allowance issues, and claiming expenses for professional memberships. They can also advise on additional income from private work or teaching, ensuring you do not pay more tax than necessary.
What is the difference between a tax accountant and a general accountant?
A tax accountant specialises in tax planning and compliance, focusing on minimising your tax liability within legal boundaries. A general accountant may offer broader services like bookkeeping and payroll. For doctors, a tax specialist is often more beneficial due to the complex nature of medical income and reliefs.
How can an accountant assist with VAT for a private practice?
If your private practice turnover exceeds the VAT threshold, you must register for VAT. An accountant can handle your VAT returns, advise on schemes like flat rate, and ensure you reclaim input tax correctly. They also help you plan cash flow to manage VAT payments effectively.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.