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
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
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
.jpg)
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
.png)
MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
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
.jpg)
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
MRC Accounting Services
Providing accounting services and solutions
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
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
.jpeg)
Raven Solution
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
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
Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...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
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
Frequently asked questions
What specific tax issues do accountants for doctors handle?
Accountants for doctors are specialists in the medical profession's unique tax landscape. They manage Self Assessment tax returns, which are often complicated by multiple income sources such as NHS salaries, locum shifts, and private practice. They also advise on allowable expenses, pension annual allowance tax charges, and the implications of the NHS pension scheme. Additionally, they can assist with VAT registration if you run a private clinic, and they ensure compliance with HMRC regulations to avoid penalties.
How can an accountant help with my NHS pension and tax?
An accountant who understands the NHS pension scheme can be invaluable. They can calculate your annual allowance and lifetime allowance, and they can advise on how to manage any tax charges that arise from exceeding these limits. They can also help you plan your contributions to minimise your tax bill, and they can liaise with HMRC on your behalf if you need to settle any disputes. This specialised knowledge ensures that you do not overpay tax on your pension.
What qualifications should I look for in an accountant?
When choosing an accountant, look for qualifications from recognised bodies such as ACCA, ICAEW, or AAT. These accreditations demonstrate that the accountant has undergone rigorous training and adheres to professional standards. Additionally, it is beneficial to find an accountant who has experience working with doctors specifically, as they will be familiar with the intricacies of medical income and expenses. Always verify their registration with the relevant professional body.
Can you help me with my Self Assessment tax return?
Yes, accountants for doctors routinely prepare and file Self Assessment tax returns on behalf of their clients. They will gather all necessary financial information, including income from employment, self-employment, and any other sources. They will then identify all allowable deductions and reliefs to ensure that you pay the correct amount of tax. They also meet HMRC deadlines and can handle any correspondence or queries from HMRC regarding your return.
Do I need to be VAT-registered if I have a private practice?
If your private practice's taxable turnover exceeds the VAT registration threshold, which is currently £90,000, you must register for VAT. An accountant can advise you on whether you need to register and can help you complete the registration process. They can also manage your VAT returns and ensure that you are claiming back any input VAT on eligible business purchases. For doctors with lower turnover, voluntary registration may still be beneficial in certain circumstances.
How do I choose the right accountant for my medical practice?
Start by looking for accountants who specialise in the medical sector and who hold relevant qualifications such as ACCA or ICAEW. Consider their experience with doctors, their knowledge of HMRC regulations, and the range of services they offer. It is also wise to read reviews and ask for references. On AccountingFirms, you can compare multiple accountants in Monmouth, review their profiles, and contact them directly to discuss your needs before making a decision.
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.