
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

ION Chartered Accountant
ION Chartered Accountants are a boutique accountancy and consulting practice that supports small and medium enterprises in a wide range of business se...See More

Clear House Accountants
Clear House Accountants are Performance-driven Business Accountants in London. We are Chartered Accountants focused on helping startups and small bus...See More

1ST FORMATIONS LIMITED
1st Formations is a leading online company formation agent in the UK. We offer a comprehensive selection of company registration packages and address ...See More

GOFORMA LIMITED
GoForma is a trusted team of accountants in UK, helping contractors, freelancers, sole&...

TIDE PLATFORM LTD
Tide is about doing what you love We believe the world would be a better place if more people gave it a shot. It’s why we’re building a modern busin...See More

Persona Finance
Persona Finance is a London accounting company with an office at 63/66 Hatton Garden in London. Due to the lock-down, we are happy to provide ou...See More

KAAB
BUSINESS ADVISORY-Would you like to see how i can help to improve your profit, your cashflow and the value of your business value?
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MADE SIMPLE GROUP LIMITED
Founded in 2003, we've formed over 1 million companies and helped thousands of business owners start, run and grow their business. We help you form ...See More

THEFORMATIONSCOMPANY.COM LIMITED
Forming your company is the first step. Together, we’ll make it an easy one. We’ve helped form more than 750,000 companies. Whether you’re taking a ho...See More

YOUR COMPANY FORMATIONS LTD
Setting up a new company can often be a daunting especially if you have never run a business before. Your Company Formations are a team of experienced...See More

Alpha Tax & Accounting
Alpha Tax & Accounting is an independent firm of Financial Accountants. We can help small businesses, established businesses, start-ups, partnerships,...See More

Reckonwell Finance
We are a distinguished Boutique Virtual Finance Office that champions excellence in financial solutions.

Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
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@UKPLC
More than 40 years ago Stanley Davis started in the company formations business, offering clients cost-effective prices and quick turn-around UK and o...See More

Naail & Co Chartered Certified Accountants
We are a London based accounting firm, offering all round accountancy, taxation and support services to a wide range of businesses.<...
Enterprise Nation
We help people to start and grow their own business.

Startup Accountants
Our startup accountants London operate with a specific approach to keep your business afloat. Gradually positioning it where you have dreamt it to be....See More

TaxPert Solutions Limited Certified Public Accountants
We are a small business accountant who provides smart solutions to your business needs. The Care your Business need from Experts Taxpert is a modern,...See More
Frequently asked questions
What specific tax issues do accountants for doctors handle?
Accountants for doctors are trained to manage unique income sources such as locum shifts, private practice, and NHS pensions. They ensure accurate Self Assessment tax returns, claim all allowable expenses like indemnity insurance and equipment, and provide guidance on pension annual allowance charges. This specialist knowledge helps you avoid overpaying tax and stay compliant with HMRC requirements.
How can an ACCA or ICAEW qualified accountant help with HMRC enquiries?
An ACCA or ICAEW qualified accountant acts as your agent with HMRC, handling correspondence and enquiries on your behalf. They can prepare and submit your tax return, negotiate time to pay arrangements, and provide expert representation during any compliance checks. This reduces your stress and ensures that all communications with HMRC are accurate and timely.
Do I need a specialist accountant if I am a locum doctor?
Yes, a specialist accountant is highly recommended for locum doctors. They understand the complexities of multiple income streams and can help you set up the most tax-efficient structure, whether as a sole trader or a limited company. They will also manage your VAT obligations and ensure you claim all relevant expenses, saving you time and money.
What is the difference between a sole trader and a limited company for a doctor?
As a sole trader, you are personally responsible for business debts and pay income tax on profits. A limited company is a separate legal entity, offering limited liability and potential tax advantages through Corporation Tax and dividends. An accountant can analyse your situation and advise on the best structure, considering your income, pension, and long-term goals.
How often should I meet with my accountant to review my finances?
It is advisable to meet with your accountant at least twice a year, once for a mid-year review and once before the tax year end. This allows for proactive planning, such as making pension contributions or utilising capital allowances. Regular communication ensures your tax position is optimised and that you are prepared for any changes in legislation.
Can an accountant help me with my NHS pension annual allowance charge?
Absolutely. The NHS pension annual allowance charge is a complex area, and specialist accountants are well-versed in calculating any potential charges. They can help you understand your pension growth, claim scheme pays where applicable, and structure your income to minimise the impact. This is a crucial service for consultants and senior doctors.
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