
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

Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...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

Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More

Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...

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
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Raven Solution
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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

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
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FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More

MRC Accounting Services
Providing accounting services and solutions

Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More

Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More

T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...See More

Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...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
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
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
Frequently asked questions
What specific services do accountants for doctors provide?
Accountants for doctors offer a range of services including preparation of Self Assessment tax returns, management of practice accounts, VAT returns, and Corporation Tax for limited companies. They also provide strategic tax planning, pension advice, and assistance with HMRC enquiries. Their expertise ensures that all income from NHS, private practice, and locum work is correctly reported and taxed efficiently.
Why is it important to choose an accountant with ACCA or ICAEW accreditation?
Accountants with ACCA or ICAEW accreditation have undergone rigorous training and adhere to strict professional standards. This ensures they are up-to-date with current tax legislation and HMRC requirements. For doctors, this means accurate and compliant tax returns, proactive tax-saving advice, and a reduced risk of costly errors. Accreditation also provides a level of assurance regarding the quality and ethics of the service you receive.
How can an accountant help with HMRC tax investigations?
If HMRC opens an investigation into your tax affairs, an experienced accountant can provide invaluable support. They will handle all communication with HMRC, prepare the necessary documentation, and ensure your position is presented accurately. They can also identify any errors in HMRC's calculations and negotiate on your behalf. This reduces stress and helps protect you from penalties or additional tax liabilities.
What tax reliefs are available to doctors that an accountant can help claim?
Doctors can claim tax relief on a variety of expenses, including professional memberships, indemnity insurance, medical equipment, and travel between workplaces. An accountant will ensure you claim all allowable deductions, such as home office costs and continuing professional development. They will also advise on pension contributions and capital allowances, maximising your tax efficiency and reducing your overall tax bill.
How often should I meet with my accountant for doctors?
It is advisable to meet with your accountant at least twice a year, typically at the start of the tax year for planning and after the end of the tax year for your return. However, many doctors benefit from more regular contact, especially if their income fluctuates or they are considering significant financial decisions. A good accountant will be available throughout the year for advice and guidance.
Can an accountant help me with both my personal and practice finances?
Yes, accountants for doctors can manage both personal and practice finances. They can prepare your personal Self Assessment return, as well as the accounts for your practice or limited company. They will ensure that all income and expenses are correctly allocated, and they can advise on the most tax-efficient structure for your practice. This integrated approach ensures consistency and maximises tax savings.
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