
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

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

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

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

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

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

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
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

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

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

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

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

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

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
Frequently asked questions
What specific tax reliefs can an accountant for doctors help me claim?
An accountant specialising in medical finances will identify all allowable expenses, including GMC registration fees, indemnity insurance, professional subscriptions, and equipment costs. They also ensure you claim relief for home office expenses if you do administrative work there. Furthermore, they advise on pension contributions and capital allowances for any practice-related assets, ensuring your tax bill is minimised legally.
How does an accountant help with NHS pension annual allowance charges?
The NHS pension scheme can trigger annual allowance charges due to significant growth in your pension benefits. An experienced accountant calculates whether you have exceeded the annual allowance and advises on options like scheme pays or paying the charge from other income. They also plan your contributions to avoid future charges, using carry-forward rules where applicable.
What are the benefits of using an ACCA or ICAEW qualified accountant?
ACCA and ICAEW qualified accountants have undergone rigorous training and adhere to strict professional standards. They are regulated by recognised bodies, ensuring they possess up-to-date knowledge of tax law and ethical practices. This gives you confidence that your financial affairs are handled competently and that you receive advice that is both accurate and compliant with HMRC requirements.
Can an accountant help me with my Self Assessment tax return if I have multiple income sources?
Yes, accountants are skilled at managing complex tax returns that include income from NHS employment, private practice, locum shifts, and any other sources. They ensure all income is declared correctly and that you claim every allowable expense. They also help you plan payments on account to avoid unexpected tax bills, keeping your cash flow healthy.
How do I know if I need to register for VAT as a doctor?
VAT registration is mandatory if your taxable turnover exceeds the current threshold. An accountant will review your income streams, including private patient fees and other taxable supplies, to determine your registration requirement. They also advise on whether voluntary registration could be beneficial, and they handle your VAT returns and records to ensure full compliance.
What should I look for when choosing an accountant for my medical practice?
Look for an accountant who has demonstrable experience with medical clients, holds a recognised qualification such as ACCA, ICAEW, or AAT, and is registered with a professional body. Check their familiarity with NHS pension rules and HMRC regulations. Also consider their communication style and availability, as you need someone who explains complex matters clearly and responds promptly to your queries.
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