
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
HUBBLE ACCOUNTANCY LTD
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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

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

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

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

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

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

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

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

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

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
Frequently asked questions
Why do doctors need a specialist accountant?
Doctors often have complex financial situations, including income from NHS employment, locum work, and private practice. A specialist accountant understands the specific tax reliefs available, such as those for professional subscriptions and indemnity insurance. They can ensure your Self Assessment tax return is accurate, help with pension planning, and advise on the best business structure if you work through a limited company. This expertise saves you money and reduces the risk of errors that could trigger an HMRC enquiry.
What qualifications should I look for in an accountant?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications indicate that the accountant has undergone rigorous training and adheres to strict ethical and professional standards. Members of these bodies are also required to maintain their knowledge through continuing professional development, ensuring they stay up to date with changes in tax law and HMRC regulations. Choosing a qualified professional gives you confidence in the quality of advice you receive.
How can an accountant help with HMRC enquiries?
If HMRC opens an enquiry into your tax affairs, an accountant can act as your representative, handling all communication and providing the necessary documentation. They will review your records, prepare responses, and negotiate with HMRC on your behalf. This reduces the stress and time burden on you, and ensures that your case is presented accurately. Having a qualified professional by your side can also help to resolve the enquiry more quickly and with a favourable outcome.
What is the difference between ACCA and ICAEW?
Both ACCA and ICAEW are prestigious accountancy qualifications, but they have different focuses. ACCA is a global body with a strong emphasis on international standards and business, whilst ICAEW is highly regarded in and is known for its rigorous chartered accountancy training. Both qualifications require extensive study and practical experience, and both are recognised by HMRC. The choice between them often comes down to the individual accountant's career path and specialism, rather than a significant difference in capability.
Can an accountant help me with VAT for private practice?
Yes, if your private practice income exceeds the VAT registration threshold, you must register for VAT. An accountant can advise you on whether registration is beneficial, help you complete your VAT returns, and ensure you claim all eligible input tax. They can also guide you on the different VAT schemes available, such as the flat rate scheme, which may simplify your accounting. This ensures you remain compliant with HMRC whilst managing your cash flow effectively.
How do I find the right accountant for my needs?
Start by browsing the AccountingFirms directory, where you can search for accountants in your local area and compare their specialisms and credentials. Look for professionals who have experience working with doctors or other medical professionals, and check their qualifications with bodies like ACCA, ICAEW, or AAT. You can also read reviews and contact firms directly to discuss your requirements. This allows you to find an accountant who understands your unique situation and can offer tailored advice.
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