
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

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
Frequently asked questions
What should I look for in an accountant who specialises in medical professionals?
You should look for a qualified accountant who is a member of a recognised body such as ACCA, ICAEW, or AAT. They should have experience working with doctors, including GPs, consultants, and locums. It is important that they understand the specific tax rules for medical practices, such as the treatment of private income, pension contributions, and practice expenses. They should also be familiar with HMRC requirements and offer proactive advice on tax planning and compliance.
How can an accountant help me with my Self Assessment tax return?
An accountant can prepare and submit your Self Assessment tax return accurately and on time, ensuring you claim all allowable expenses and reliefs. They will analyse your income from various sources, including NHS pay, private work, and any other earnings, and calculate your tax liability correctly. They can also advise on payments on account and help you plan for future tax bills, reducing the risk of penalties from HMRC.
Are accountants on AccountingFirms regulated and verified?
Yes, all accountants featured on AccountingFirms are verified and regulated by recognised professional bodies such as the ICAEW, ACCA, or AAT. The platform was established in 2019 by qualified accountants to ensure that users can find trustworthy professionals. Each firm is checked for their credentials and compliance with professional standards, giving you confidence that you are working with a competent and ethical adviser.
What are the benefits of using a local accountant in Wigston Leicester?
Using a local accountant in Wigston Leicester allows for face-to-face meetings and a more personal service. They will have a better understanding of the local medical community and any regional financial considerations. Local firms are often more accessible for regular consultations, which can be helpful when discussing sensitive financial matters. They also tend to build long-term relationships with clients, providing continuity and tailored advice as your career progresses.
Can an accountant help with Corporation Tax for my limited company?
Yes, an accountant who specialises in medical professionals can assist with Corporation Tax if you operate through a limited company. They will ensure your company accounts are prepared correctly, calculate your Corporation Tax liability, and advise on allowable deductions and reliefs. They can also help with profit extraction strategies, such as salary versus dividends, and ensure you comply with all HMRC filing requirements.
How do I compare different accountants on AccountingFirms?
You can compare accountants on AccountingFirms by reviewing their profiles, which include their qualifications, areas of specialism, and client reviews. You can also see their contact details and service offerings, allowing you to request quotes or arrange initial consultations. The platform is designed to make it easy to evaluate multiple providers side by side, ensuring you find the right fit for your specific needs.
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