
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

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

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

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

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

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

AWS ACCOUNTANTS (LONDON) LLP

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

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

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

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
Frequently asked questions
What specific services do accountants for doctors provide?
Accountants for doctors offer a range of services including Self Assessment tax return preparation, practice accounts, VAT management, and Corporation Tax for limited companies. They also provide advice on pension contributions, income splitting, and tax-efficient remuneration strategies. Many specialise in handling the unique financial situations of locum and salaried doctors, ensuring compliance with HMRC regulations whilst maximising allowable deductions.
How can an accountant help with HMRC tax investigations?
If HMRC opens an investigation into your tax affairs, an accountant acts as your representative, handling all correspondence and gathering necessary evidence. They review your records, prepare responses, and negotiate on your behalf to resolve disputes. Having a qualified professional reduces stress and ensures that your rights are protected throughout the process. They also help you implement better record-keeping practices to avoid future inquiries.
What qualifications should I look for in an accountant for my medical practice?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications indicate a high level of training and adherence to ethical standards. Additionally, seek someone with experience in the healthcare sector, as they will understand the specific financial challenges doctors face. Membership in a professional body also means they are subject to ongoing professional development and regulatory oversight.
Can accountants for doctors help with VAT registration and returns?
Yes, accountants for doctors can assist with VAT registration, preparing quarterly returns, and ensuring compliance with VAT rules. They assess whether your practice exceeds the mandatory threshold or if voluntary registration is beneficial. They also advise on partial exemption calculations and capital goods scheme implications, helping you reclaim input tax where possible and avoid penalties for late submissions.
How do accountants for doctors assist with practice finances and budgeting?
Accountants for doctors provide detailed financial reporting, including profit and loss statements, cash flow forecasts, and budget analysis. They help you understand your practice’s financial health, identify cost-saving opportunities, and plan for future investments. They also offer advice on partnership profit-sharing arrangements and the financial impact of practice changes, ensuring that you make informed decisions based on accurate data.
What is the difference between a chartered accountant and a certified accountant?
Chartered accountants are typically members of ICAEW or ICAS, whilst certified accountants belong to ACCA. Both qualifications are highly respected and require rigorous exams and practical experience. The main difference lies in the awarding body and the specific focus of their training. For doctors, either type of professional can provide excellent service, so it is more important to find someone with relevant experience in medical accounting.
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