
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

DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More

Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
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

The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...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

BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

DIrect Assist accountants Ltd
Direct Assist accountants Ltd is one of the fastest growing chartered accountants firm serving businesses and individuals from different industries fr...See More

TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More

EXPEDIENT ACCOUNTANCY
Expedient Accountancy Limited provides a wide range of expert accounting services. We are a partnership of 3 Chartered Certified Accountants with more...See More

Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...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

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

City Tax London
City Tax London provides unparalleled personalized accounting services and th...

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

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

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
What specific services do accountants for doctors provide?
Accountants for doctors provide a range of services including Self Assessment tax return preparation, VAT registration and returns, Corporation Tax for limited companies, payroll for practice staff, and tax planning. They also offer advice on NHS pension annual allowance, locum income, and allowable expenses. Their expertise ensures that you remain compliant with HMRC whilst maximising your tax efficiency.
Why is it important for doctors to use a specialist accountant?
Doctors have unique financial circumstances, such as multiple income sources, NHS pensions, and irregular working patterns. A specialist accountant understands these complexities and can provide tailored advice to help you manage your tax liabilities effectively. They stay up to date with changes in tax legislation that may affect medical professionals, ensuring you benefit from all available reliefs and allowances.
How can an accountant help with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return accurately and on time, ensuring that you claim all legitimate expenses and reliefs. They will review your income from employment, locum work, and private practice, and calculate your tax liability correctly. They can also advise on payments on account and help you plan for any tax due, reducing the risk of penalties from HMRC.
What qualifications should I look for in an accountant?
You should look for an accountant who is qualified and regulated by a recognised professional body such as ACCA, ICAEW, or AAT. These qualifications ensure that the accountant has undergone rigorous training and adheres to high ethical and professional standards. Additionally, you may want to choose someone with experience in the medical sector, as they will be familiar with the specific tax issues that affect doctors.
Can an accountant help with VAT and Corporation Tax if I run a limited company?
Yes, an accountant can assist with VAT registration, completing VAT returns, and ensuring that you comply with VAT regulations. They can also prepare and file your Corporation Tax return, advise on allowable expenses, and help you structure your company in a tax-efficient manner. This is particularly important for doctors who operate their private practice through a limited company.
How do I choose the right accountant for my medical practice?
When choosing an accountant, consider their qualifications, experience with medical clients, and the range of services they offer. It is also important to assess their communication style and availability, as you will need to work closely with them. You can use AccountingFirms to compare different providers in Thatcham, read client reviews, and arrange initial consultations to find the best fit for your needs.
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