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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

Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More

KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More

Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...

Financial Claims Consultants
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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

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

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

Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...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

ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...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

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
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 returns, and payroll management. They also provide strategic tax planning to help you minimise your tax liabilities, advice on pension contributions, and guidance on structuring your practice efficiently. Many also assist with HMRC enquiries and help you claim all allowable expenses, ensuring you remain compliant whilst maximising your income.
How can an accountant help with HMRC tax investigations?
If HMRC opens an investigation into your tax affairs, an experienced accountant can be invaluable. They will handle all correspondence with HMRC, prepare the necessary documentation, and represent you during the process. Their knowledge of tax law ensures that your rights are protected, and they can negotiate on your behalf to resolve any disputes. This support reduces stress and helps achieve a fair outcome.
What qualifications should I look for in an accountant?
Look for accountants who are members of recognised professional bodies such as ICAEW, ACCA, or AAT. These qualifications demonstrate a high level of expertise and adherence to strict ethical standards. Additionally, seek professionals who have experience working with medical clients, as they will understand the unique financial challenges you face. Membership in a professional body also means they are subject to ongoing training and regulation.
Why do doctors need a specialist accountant rather than a general one?
Doctors have unique financial circumstances, including multiple income sources, complex pension schemes, and specific tax reliefs. A specialist accountant understands these nuances and can provide tailored advice that a general accountant may not offer. They are familiar with NHS pension rules, locum working arrangements, and private practice structures, ensuring you receive the most effective tax planning and compliance support.
Can an accountant help with tax planning for a limited company?
Yes, if you operate your practice through a limited company, an accountant can assist with Corporation Tax planning, dividend strategies, and expense management. They will ensure your company is tax-efficient and compliant with HMRC regulations. They can also advise on salary versus dividend extraction, pension contributions, and other methods to reduce your overall tax burden whilst keeping you within the law.
How often should I meet with my accountant?
It is advisable to meet with your accountant at least twice a year, typically at the start of the tax year and before the Self Assessment deadline. However, you may need more frequent contact if your financial situation changes, such as starting a new practice or taking on additional income. Regular communication ensures that your tax planning is up to date and you are aware of any changes in legislation that affect you.
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