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
TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More
Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...See More
City Tax London
City Tax London provides unparalleled personalized accounting services and th...
EXPEDIENT ACCOUNTANCY
Expedient Accountancy Limited provides a wide range of expert accounting services. We are a partnership of 3 Chartered Certified Accountants with more...See More
DIrect Assist accountants Ltd
Direct Assist accountants Ltd is one of the fastest growing chartered accountants firm serving businesses and individuals from different industries fr...See More
Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More
Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More
Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More
Yourtaxhelp
Our motto is “Accountants and Tax Advisers with simple technology”. We will not stop being innovative or using cutting edge technology to help you out...See More
MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More
" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More
Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More
Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
See More
London Accountants
We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium sized businesses. See More
Cheap - Accountants
As a small business owner, your main focus is to work on your business strengths to help it grow, and you can’t just achieve it through juggling every...See More
Central London Accountants
We are proud partners of leading software provider firm Xero, and we can help if you require Xero Accountants in London, Xero training, or need remote...See More
Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More
BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More
Frequently asked questions
What should I look for when choosing an accountant for my medical practice?
When selecting an accountant, look for someone who specialises in working with doctors and understands the nuances of medical income, pensions, and tax reliefs. Check their qualifications, such as ACCA, ICAEW, or AAT, and ensure they are regulated by a recognised body. It is also helpful to read client reviews and ask about their experience with HMRC enquiries. A good accountant will offer proactive advice and be accessible throughout the year, not just at tax return time.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return accurately and on time, ensuring you claim all allowable expenses and reliefs. They will review your income from various sources, including NHS salary, locum work, and private practice, and calculate your tax liability correctly. They can also advise on payments on account and help you plan for any tax due, avoiding surprises. With their expertise, you reduce the risk of HMRC penalties for late or incorrect submissions.
Are there specific tax rules for doctors that an accountant should know?
Yes, doctors often have complex tax situations, including the NHS Pension Scheme, which has annual allowance and lifetime allowance considerations. Accountants who specialise in medical clients are familiar with these rules and can help you manage your pension contributions to avoid tax charges. They also understand the tax treatment of locum work, private fees, and any income from teaching or medico-legal work. This specialist knowledge ensures you receive accurate advice tailored to your circumstances.
What is the benefit of using an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualified accountants have undergone rigorous training and examinations, demonstrating a high level of technical competence and professional integrity. They are required to follow strict ethical guidelines and maintain their knowledge through continuing professional development. This means they are well-equipped to handle complex financial matters and provide reliable advice. Using a regulated accountant also gives you access to professional indemnity insurance, offering extra protection if something goes wrong.
Can an accountant help me with VAT if I run a private practice?
Yes, an accountant can assist you with VAT registration, returns, and planning. If your private practice turnover exceeds the VAT threshold, you must register for VAT. An accountant can advise on the best VAT scheme for your situation, such as the flat rate scheme, and ensure you comply with HMRC requirements. They can also help you identify input tax you can reclaim, reducing your overall VAT liability. Proper VAT management is essential to avoid penalties and cash flow issues.
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, but more frequent contact can be beneficial, especially if your income or circumstances change. Regular meetings allow you to review your tax position, plan for upcoming payments, and discuss any new ventures or investments. An accountant who knows your financial situation well can provide timely advice and help you make proactive decisions. Many accountants offer ongoing support via email or phone, so you can reach out whenever you need guidance.
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.