
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

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

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
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...

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

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

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

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

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
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
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.

BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

OVAL ACCOUNTANTS LTD
Your Bookkeeping, Accounting And Self Assessment Experts, Here To Bring You The Highest Standard Of Service.

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

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

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

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
Frequently asked questions
What specific tax issues do accountants for doctors handle?
Accountants for doctors specialise in unique areas such as NHS pension annual allowance, locum income, private practice earnings, and expenses related to professional memberships and indemnity insurance. They ensure your Self Assessment tax return is accurate, claim all allowable deductions, and help with VAT and Corporation Tax if you run a limited company. Their expertise prevents costly errors and optimises your tax position.
How do I verify an accountant is qualified to handle my medical finances?
Look for accreditations from recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to strict ethical standards. You can also check their registration with HMRC for agent services and ask about their experience with medical clients. A specialist will be happy to provide references and demonstrate their knowledge of doctor-specific tax rules.
Can an accountant help me with my NHS pension and tax implications?
Yes, accountants for doctors are well-versed in the complexities of the NHS pension scheme, including annual allowance and lifetime allowance charges. They can help you plan contributions to avoid unexpected tax bills and advise on options like scheme pays. By analysing your total income and pension growth, they ensure you make informed decisions that protect your retirement savings while remaining compliant with HMRC.
What should I look for when comparing accountants in New Milton?
When comparing accountants in New Milton, consider their experience with medical professionals, their qualifications, and the range of services they offer. Check if they provide proactive advice on tax planning, VAT, and payroll. Also, review their fees and communication style to ensure they are approachable and responsive. Reading client testimonials can give you insight into their reliability and the quality of their service.
How often should I meet with my accountant for doctors?
It is advisable to meet with your accountant at least twice a year, once for tax planning and once before your Self Assessment deadline. However, you may need more frequent contact if your financial situation changes, such as starting a private practice or taking on additional income streams. Many accountants offer ongoing support via email or phone, ensuring you can reach them whenever you need advice.
Are there any tax advantages to using a limited company for my private practice?
Operating through a limited company can offer tax advantages, such as paying Corporation Tax at a lower rate than income tax and the ability to take dividends instead of salary, which may reduce your National Insurance contributions. However, this structure also brings additional responsibilities, including filing annual accounts and complying with HMRC regulations. An accountant can help you determine if this is the most efficient option for your circumstances.
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