
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

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

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

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

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

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

MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...

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

MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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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

Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...See More

Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More
Frequently asked questions
Why do doctors need a specialist accountant?
Doctors face unique financial challenges, including complex NHS pension rules, multiple income streams, and high tax liabilities. A specialist accountant understands these issues and can help you optimise your tax position, ensure accurate Self Assessment returns, and plan for retirement. They also provide advice on private practice income and limited company structures, which are common among consultants and locums.
What qualifications should I look for in an accountant?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure that the accountant has undergone rigorous training and adheres to strict ethical standards. Members of these bodies are also required to keep their knowledge up to date, which is vital given the frequent changes to tax legislation and HMRC requirements.
How can an accountant help with HMRC investigations?
If HMRC opens an investigation into your tax affairs, an accountant can act as your representative, handling all communication with HMRC on your behalf. They will gather the necessary documents, prepare responses, and negotiate with HMRC to resolve the matter efficiently. This reduces your stress and ensures that your rights are protected throughout the process.
What is the difference between ACCA, ICAEW, and AAT?
ACCA and ICAEW are chartered accountancy bodies that require members to complete advanced exams and practical experience. They are recognised globally and often work with larger businesses or complex tax matters. AAT is a lower-level qualification that focuses on bookkeeping and basic accounting skills. All three can provide competent services, but your choice should depend on the complexity of your financial affairs.
Can an accountant help with my NHS pension scheme?
Yes, an accountant who specialises in doctors' finances can provide valuable advice on the NHS Pension Scheme. They can help you understand the annual allowance and lifetime allowance, calculate any potential tax charges, and suggest strategies to manage your pension contributions effectively. This is crucial because pension tax rules are particularly complex for higher-earning doctors.
How do I choose the right accountant for my medical practice?
Start by using a directory like AccountingFirms.co.uk to find and compare local accountants who specialise in the medical sector. Check their qualifications, experience, and client reviews. Arrange an initial consultation to discuss your needs and ensure they understand your situation. It is important to choose someone who communicates clearly and offers proactive advice, not just compliance services.
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