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
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
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
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
Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More
Accounting4Actors
Accounting4actors is not only for actors! We also represent dancers, musicians, sports professionals, models, writers, artists, directors, camerapeopl...See More
AWS ACCOUNTANTS (LONDON) LLP
SARA COOPERS ACCOUNTANTS LTD
About Sara Coopers Whatever business you are in; you owe it to yourself to find an accountancy service that operates for your benefit – not the taxma...See More
MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies
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
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
Virtue Accountants Ltd
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 ...
Rochvilles & Co Accountants Ltd
Welcome to the Rochvilles & Company website. We are glad that you make the time and effort to visit us. The website has being designed to provide you ...See More
MONEYTREE FINANCIAL LTD
Moneytree Financials' focus is to provide clients with useful, relevant and meaningful services aimed at supporting and guiding your business as it mo...See More
TaxAssist Accountants
About TaxAssist Accountants Barking At TaxAssist Accountants, we provide a personal and professional accounting service tailored to you. We help star...See More
Southall Accountants
We are the only accountants in the city who are dedicated to groom your business for growth. If you are a business owner, who is putting in the hard w...See More
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
KHAWAR & CO LTD
Khawar & Co Ltd is an active company located in London, Greater London. We are specialist accountancy firm, ready to help you with different accountan...See More
Frequently asked questions
What specific tax issues do doctors face that require specialist accountants?
Doctors often have multiple income sources, including NHS salaries, locum shifts, private practice, and teaching fees. Each source may be taxed differently, and expenses can be complex to categorise. Specialist accountants understand these nuances and ensure that all allowable deductions are claimed, such as professional subscriptions, indemnity insurance, and equipment costs. They also help with pension annual allowance calculations and tax-efficient strategies, which are particularly important for higher-rate taxpayers.
How can an ACCA or ICAEW qualified accountant help with HMRC compliance?
ACCA and ICAEW qualified accountants are regulated by professional bodies that require them to stay up to date with HMRC rules and regulations. They can prepare and file your Self Assessment tax return accurately and on time, reducing the risk of penalties. They also handle any correspondence from HMRC on your behalf, including tax enquiries or investigations. Their expertise ensures that you remain fully compliant while minimising your tax liability legally.
What is the difference between a general accountant and one who specialises in medical finances?
A general accountant may not be familiar with the specific allowances, reliefs, and reporting requirements that apply to doctors. A specialist will understand the NHS pension scheme, locum agency rules, and the tax treatment of private practice income. They also know how to structure your affairs to maximise efficiency, such as using a limited company for private work. This specialist knowledge can lead to significant savings and fewer errors.
Do I need to register for VAT if I am a doctor with my own practice?
VAT registration is mandatory if your taxable turnover exceeds the current threshold, which is reviewed regularly. If you provide private medical services, you may need to charge VAT on certain supplies, although some services are exempt. A specialist accountant can advise you on your specific situation, help you register if necessary, and ensure that your VAT returns are submitted correctly. They can also identify whether voluntary registration could benefit your practice.
How often should I meet with my accountant to review my financial situation?
It is advisable to have a formal review at least once a year, ideally before the end of the tax year, to plan for any upcoming liabilities. However, many doctors benefit from more frequent contact, especially if their income fluctuates or they are considering significant investments. Your accountant can provide ongoing advice via phone or email, and regular meetings help you stay on top of changes in tax law that may affect you.
What records should I keep for my accountant to prepare my tax return?
You should keep records of all income, including payslips, P60s, and invoices for locum or private work. You also need receipts for any expenses you wish to claim, such as travel, professional fees, and equipment. Bank statements and credit card statements are useful for verifying transactions. Your accountant will tell you exactly what is required, but keeping organised records throughout the year makes the process smoother and more accurate.
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.