
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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More

GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More

PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More

Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...See More
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...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

BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...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

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

Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More

MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...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

MJF ACCOUNTANCY LIMITED
Frequently asked questions
What specific financial issues do accountants for doctors typically handle?
Accountants for doctors typically manage complex areas such as NHS pension scheme annual allowance calculations, which are often a source of unexpected tax bills. They also handle the preparation of Self Assessment tax returns for both NHS and private work, advise on the most tax-efficient practice structure, and manage VAT obligations. Their expertise ensures you remain compliant with HMRC regulations whilst optimising your income and avoiding common pitfalls associated with medical earnings.
Why is it important to choose an accountant with a professional qualification like ACCA or ICAEW?
Choosing an accountant with a qualification from a body like ACCA or ICAEW provides assurance of their technical knowledge and professional standards. These professionals are required to adhere to a strict code of ethics and undertake continuous professional development. This means they are fully up-to-date with the latest tax legislation and HMRC requirements, ensuring your financial affairs are managed accurately and efficiently, giving you complete peace of mind.
How can an accountant help me with my NHS pension and tax returns?
An experienced accountant can calculate your NHS pension annual allowance, identifying any potential tax charges that may arise from exceeding the annual limit. They will also prepare and submit your Self Assessment tax return to HMRC, ensuring all income from both NHS and private sources is declared correctly. By managing these complex calculations, they help you avoid penalties and ensure you only pay the correct amount of tax.
What is the difference between a general accountant and one that specialises in the medical field?
A general accountant will handle standard tax and accounting tasks, but a specialist in the medical field understands the unique financial landscape of healthcare professionals. They are familiar with the intricacies of NHS pensions, the tax treatment of private practice income, and the specific expenses that can be claimed. This specialist knowledge allows them to provide more tailored and effective advice, often leading to significant tax savings.
Should I use a limited company structure for my private medical practice?
Whether a limited company is suitable depends on your individual circumstances, including your level of private income and your long-term financial goals. An accountant can analyse your situation to determine if the potential Corporation Tax savings outweigh the additional administrative costs. They will guide you through the decision, explaining the implications for your tax return, dividends, and pension contributions, ensuring you make an informed choice.
How do I find a reliable accountant in Heywood through AccountingFirms?
You can browse the directory on AccountingFirms.co.uk and filter for firms located in Heywood that advertise a specialism in the medical sector. Each listing provides details about the firm's qualifications, services, and experience. You can then contact them directly to discuss your needs. The platform allows you to compare different providers, ensuring you find a professional who is the right fit for your practice.
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