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
DOLAN ACCOUNTANCY LIMITED
If our name sounds familiar, don’t be surprised. Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. A...See More
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
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
The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More
TAA CONSULTANTS LTD
TAA Consultants- Super Accountants 69201 - Accounting and auditing activities 69202 - Bookkeeping activities
SJD ACCOUNTANCY LIMITED
SJD Accountancy is the UK’s largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers; we’ve been ...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
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
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
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
John Lavender accounting ltd
John Lavender Accounting Firm is a beacon of precision and expertise in the financial landscape. With a legacy steeped in integrity and excellence, we...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
Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More
QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...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
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
Frequently asked questions
What specific services do accountants for doctors provide?
Accountants for doctors typically offer services such as preparing Self Assessment tax returns, managing practice accounts, advising on VAT and Corporation Tax, and helping with payroll for practice staff. They also provide tax planning strategies to help you retain more of your income, and they can assist with HMRC investigations or enquiries. Many specialists also offer pension advice and support with buying or selling a practice, ensuring your financial affairs are fully aligned with your professional goals.
How can an accountant help with HMRC tax investigations?
If HMRC opens an enquiry into your tax affairs, an experienced accountant can act as your representative, handling all communication with the tax authority. They will review your records, prepare the necessary evidence, and ensure that your tax return is accurate and compliant. This reduces stress and helps protect you from unnecessary penalties. Having a professional who understands HMRC procedures is invaluable, as they can negotiate on your behalf and resolve issues efficiently, often without the need for a formal tribunal.
Why is it important to choose an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualifications are globally recognised and require rigorous training and ongoing professional development. Choosing an accountant with these credentials ensures that you are working with someone who adheres to strict ethical standards and possesses up-to-date technical knowledge. They are also regulated by professional bodies, which means you have recourse if you receive poor advice. This level of professionalism is particularly important for doctors, whose financial affairs can be complex and who need reliable, accurate guidance.
What is the difference between a tax return and a Self Assessment?
A Self Assessment is the system HMRC uses to collect Income Tax from individuals who are not taxed through PAYE, such as self-employed doctors or those with additional income. A tax return is the form you complete each year to declare your income and capital gains, and to claim any reliefs or allowances. Your accountant will prepare and submit this return on your behalf, ensuring that all figures are correct and that you pay the right amount of tax, avoiding overpayment or underpayment.
Can an accountant help with VAT registration for a medical practice?
Yes, an accountant can assess whether your practice is required to register for VAT, based on your taxable turnover. They will advise on the most suitable VAT scheme, such as the flat rate scheme, and manage your VAT returns and payments. They can also help you understand which services are exempt from VAT, which is common in medical practices, and ensure that you are claiming all allowable input tax. This ensures compliance with HMRC and avoids costly mistakes.
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 to plan your tax strategy before the end of the tax year, and once after your accounts are prepared to review your financial position. However, if your circumstances change, such as taking on a new role or starting a private practice, you should arrange an additional meeting. Regular contact ensures that your tax planning is proactive and that you are always aware of upcoming deadlines and obligations.
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.