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
Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More
Central London Accountants
We are proud partners of leading software provider firm Xero, and we can help if you require Xero Accountants in London, Xero training, or need remote...See More
Cheap - Accountants
As a small business owner, your main focus is to work on your business strengths to help it grow, and you can’t just achieve it through juggling every...See More
London Accountants
We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium sized businesses. See More
Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More
APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More
Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More
Abu Umar & Co.
Welcome to Abu Umar & Co. We are a small Accounting firm, based in London, We specialize in dealing with all accounting problems. As we have been o...See More
Taxaccolega Chartered Accountants & Tax Advisers
As one of the brightest firms of chartered accountants in London, UK, Taxaccolega, based in Croydon, combines the passion and creative thinking of a s...See More
" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More
Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More
Cruse + Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Owadally & Kings Partnership
At O&K we aspire to be one of the most forward thinking accountancy firms in Croydon. Our dedicated in-house team, and external specialists, based in ...See More
Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Startup Accountants
Our startup accountants London operate with a specific approach to keep your business afloat. Gradually positioning it where you have dreamt it to be....See More
Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
See More
Coman And Co Ltd
Chartered Tax Advisers and Chartered Certified Accountants, we offer assistance with tax return compliance and specialist tax consultancy services for...See More
Frequently asked questions
What specific tax issues do accountants for doctors handle?
Accountants for doctors specialise in tax issues unique to medical professionals, such as NHS pension annual allowance charges, locum income, and private practice earnings. They help with Self Assessment tax returns, claiming allowable expenses like indemnity insurance and professional memberships, and ensuring compliance with HMRC regulations. They also advise on the most tax-efficient structure for your practice, whether as a sole trader or a limited company.
Why should I choose an ACCA or ICAEW qualified accountant?
Choosing an ACCA or ICAEW qualified accountant ensures that you are working with a professional who has undergone rigorous training and adheres to strict ethical standards. These qualifications guarantee a deep understanding of UK tax law and accounting practices. Such professionals are also required to complete continuing professional development, meaning they stay up-to-date with the latest HMRC rules and regulations, providing you with accurate and reliable advice.
How can an accountant help me with my NHS pension and tax?
An accountant with expertise in doctors' finances can help you manage the complex interaction between your NHS pension and tax. They can calculate your annual allowance and any potential tax charges, advise on whether to use scheme pays or tax pays, and help you plan your finances to minimise the impact of the tapered annual allowance. This specialist advice is invaluable for avoiding unexpected tax bills.
What records do I need to keep for my accountant?
For your accountant to prepare accurate accounts and tax returns, you should keep records of all income, including payslips, private practice fees, and rental income. You also need to retain receipts for expenses such as travel, equipment, and professional subscriptions. Maintaining a clear record of your bank statements and any correspondence with HMRC is also essential. Your accountant can provide a detailed checklist to help you stay organised.
Can an accountant help me if I am a locum doctor?
Yes, accountants who work with doctors are particularly helpful for locums. They can assist you in deciding whether to operate as a sole trader or through a limited company, ensuring you are tax-efficient. They will also manage your Self Assessment tax returns, help you set aside funds for tax payments, and ensure you claim all allowable expenses. This support allows you to focus on your clinical work without worrying about your tax obligations.
How often should I meet with my accountant?
It is advisable to meet with your accountant at least twice a year, once for tax planning before the end of the tax year and once to prepare your annual accounts and tax return. However, many doctors benefit from more frequent contact, especially if their financial situation is complex. Your accountant should be available for ad-hoc queries and provide ongoing support throughout the year, ensuring you are always well-informed and compliant.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.