
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

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
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
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.

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

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

Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...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...

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
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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

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

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

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

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

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
Frequently asked questions
What specific tax reliefs can an accountant claim for a doctor?
A specialist accountant for doctors will ensure you claim all allowable expenses, such as professional memberships, indemnity insurance, medical equipment, and travel between workplaces. They will also help with expenses related to your home office if you do administrative work there. By keeping accurate records and claiming every legitimate deduction, you can significantly reduce your tax liability while remaining fully compliant with HMRC regulations.
How does an accountant help with my Self Assessment tax return?
An accountant will prepare and file your Self Assessment tax return accurately and on time, ensuring you meet HMRC deadlines. They will review your income from all sources, including your NHS salary, private practice, and any other earnings. They will also calculate the tax you owe, identify any overpaid tax, and advise on payments on account. This comprehensive service reduces your stress and helps you avoid costly penalties.
What is the difference between ACCA, ICAEW, and AAT qualified accountants?
ACCA and ICAEW are chartered accountancy bodies, representing highly qualified professionals with extensive training and experience. AAT is a professional body for accounting technicians, who often work under the supervision of chartered accountants. All three qualifications demonstrate a high level of competence, but chartered accountants typically have broader expertise in complex tax planning and business strategy. The right choice depends on your specific needs.
Can an accountant help me with VAT if I am a doctor?
Yes, an accountant can assist you with VAT registration and returns if your taxable turnover exceeds the threshold or if you choose to register voluntarily. Doctors often provide services that are exempt from VAT, but there are exceptions, such as private medical reports or certain types of consultancy. An accountant will analyse your income streams to determine your VAT obligations and ensure you comply with HMRC rules, avoiding any unnecessary charges.
How often should I meet with my accountant?
It is advisable to meet with your accountant at least twice a year, once to plan your tax strategy and again to review your year-end accounts. However, many doctors benefit from more frequent contact, especially if their financial situation changes. A good accountant will be available throughout the year for advice on property purchases, pension contributions, or changes to your employment status. Regular communication helps you stay on top of your finances.
What should I look for when choosing an accountant for my medical practice?
When selecting an accountant, look for someone with experience in the medical sector, as they will understand the unique aspects of your income and expenses. Check their qualifications and whether they are registered with a professional body like ACCA or ICAEW. Ask about their fee structure and the services included, such as tax return preparation and advice on pension contributions. It is also important to choose someone you feel comfortable communicating with.
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