
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

J C Accounting Ltd
J C Accounting Ltd offer the type of bespoke service that larger Accountants can’t. We specialise in Sole Traders, Partnerships and Small Limited Com...See More

Argents Chartered Accountants
An established firm of chartered accountants based in Norwich, we provide a range of accountancy and business support services to clients throughout t...See More

Virtue Accountants Ltd

Bird & Co
Bird & Co was formed by local Yaxley accountant Pete Bird and we now serve not only clients in the Yaxley and Peterborough area, but more widespread a...See More

LeeP Accountants Registered in England & Wales
Welcome to LeeP Accountants! We are a team of friendly and professional accountants based in Peterborough, Cambridgeshire. We have one key goal ...

Figures (UK) Accountancy Services
Figures UK takes a different approach to company book keeping and accountancy work – you won’t find us hunched in grey suits between stacks of files. ...See More

GO 2 Girl Limited
I offer a fully flexible remote work or local on site and assist you with anything relating to finance within the business and any necessary admin tas...See More

Accounting4Actors
Accounting4actors is not only for actors! We also represent dancers, musicians, sports professionals, models, writers, artists, directors, camerapeopl...See More

Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More
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Additions Accountancy
Welcome to Additions Accountancy Looking for Grantham Accountants? We are a firm of accountants in Grantham with a strong customer service ethos and ...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

TAA CONSULTANTS LTD
TAA Consultants- Super Accountants 69201 - Accounting and auditing activities 69202 - Bookkeeping activities

KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More

BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More

AWS ACCOUNTANTS (LONDON) LLP

MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies
Frequently asked questions
What specific tax issues do accountants for doctors handle?
Accountants for doctors typically manage Self Assessment tax returns, NHS pension annual allowance calculations, and income from private practice or locum work. They also assist with VAT registration if your private earnings exceed the threshold, and they help with Corporation Tax if you operate through a limited company. Their expertise ensures that all income is declared correctly and that you claim all allowable expenses.
Why is it important to choose an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualifications indicate that the accountant has passed rigorous exams and adheres to strict ethical and professional standards. This gives you confidence that your financial affairs are handled competently and in line with HMRC requirements. Qualified accountants also undertake continuous professional development, ensuring they stay up to date with tax law changes and can offer informed advice on complex matters.
How can an accountant help with my NHS pension annual allowance?
The NHS pension annual allowance can be complex, especially if your income exceeds the tapered threshold. An accountant can calculate your pension input amounts and determine whether you face an annual allowance charge. They can help you plan your finances to mitigate this charge, potentially by using scheme pays or by advising on salary sacrifice arrangements. This specialist advice is crucial for avoiding unexpected tax bills.
What records do I need to keep for my accountant?
You should keep records of all income from your NHS role, private practice, and locum work, including payslips and invoices. Also retain receipts for expenses such as professional subscriptions, indemnity insurance, equipment, and travel. If you are VAT-registered, you need to keep records of all sales and purchases. Your accountant will advise on the best way to organise these records, whether digitally or on paper.
Can accountants help with HMRC investigations or tax disputes?
Yes, an experienced accountant can represent you during an HMRC investigation and help resolve disputes. They will review your records, prepare responses, and communicate with HMRC on your behalf. Their knowledge of tax law and procedures can reduce stress and help achieve a favourable outcome. Having professional support is essential if you receive a compliance check or notice of enquiry.
How do I choose the right accountant for my medical practice?
Start by looking for firms that specialise in medical professionals and hold recognised qualifications such as ACCA, ICAEW, or AAT. Consider their experience with doctors, the services they offer, and their fee structure. It is also wise to read client reviews and ask for references. A good accountant will take time to understand your practice and provide tailored advice, so arrange an initial consultation before making a decision.
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