
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

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

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

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

SJD ACCOUNTANCY LIMITED
SJD Accountancy is the UK’s largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers; we’ve been ...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

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

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

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

MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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City Tax London
City Tax London provides unparalleled personalized accounting services and th...

MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...

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

TAA CONSULTANTS LTD
TAA Consultants- Super Accountants 69201 - Accounting and auditing activities 69202 - Bookkeeping activities

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
Frequently asked questions
What specific services do accountants for doctors provide?
Accountants for doctors provide a range of services tailored to medical professionals, including preparation of Self Assessment tax returns, management of NHS and private income, pension annual allowance calculations, and advice on IR35 for locum work. They also assist with VAT registration and returns, Corporation Tax for limited companies, and tax-efficient profit extraction. Additionally, they offer proactive tax planning to help you minimise liabilities and maximise savings, ensuring full compliance with HMRC requirements.
How can an accountant help with my NHS pension annual allowance?
The NHS pension scheme can trigger annual allowance charges, especially for higher earners. An accountant with expertise in medical finances will calculate your pension input amounts and compare them against your annual allowance. They can advise on whether you have unused allowances from previous years to carry forward, and help you plan your contributions to avoid unexpected tax bills. They will also liaise with HMRC if you need to report any charges on your Self Assessment return.
Do I need an accountant if I am a locum doctor?
Yes, locum doctors often work through agencies or their own limited companies, which brings complex tax obligations. An accountant can help you determine your employment status for tax purposes, manage your Self Assessment, and advise on IR35 rules. They will ensure you claim all allowable expenses, such as indemnity insurance, travel, and professional memberships. If you operate via a limited company, they will handle your Corporation Tax and ensure you meet all filing deadlines.
What qualifications should I look for in an accountant?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications guarantee a high level of training, ethical standards, and continuing professional development. It is also beneficial to choose an accountant who has experience working with medical clients, as they will understand the unique aspects of your income and expenses. You can verify their credentials through the respective professional body's website or by asking for their membership number.
How often should I meet with my accountant?
Most accountants recommend at least two formal meetings per year: one for tax planning before the end of the tax year and another to review your annual accounts and prepare your tax return. However, you should feel free to contact your accountant whenever you have a query or a significant financial change, such as starting private practice or buying a property. Many firms offer ongoing support via email or phone, so you can receive timely advice throughout the year.
What records do I need to keep for my accountant?
You should keep records of all income received from NHS, private practice, and locum work, along with receipts for any expenses you plan to claim. This includes travel costs, professional subscriptions, equipment, and training courses. If you are VAT-registered, you must also retain VAT invoices and records of sales and purchases. Your accountant will need these records to prepare accurate accounts and tax returns, so maintaining organised digital or paper records is essential.
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