
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

Argents Chartered Accountants
An established firm of chartered accountants based in Norwich, we provide a range of accountancy and business support services to clients throughout t...See More

J C Accounting Ltd
J C Accounting Ltd offer the type of bespoke service that larger Accountants can’t. We specialise in Sole Traders, Partnerships and Small Limited Com...See More

GO 2 Girl Limited
I offer a fully flexible remote work or local on site and assist you with anything relating to finance within the business and any necessary admin tas...See More

Virtue Accountants Ltd

LeeP Accountants Registered in England & Wales
Welcome to LeeP Accountants! We are a team of friendly and professional accountants based in Peterborough, Cambridgeshire. We have one key goal ...

Figures (UK) Accountancy Services
Figures UK takes a different approach to company book keeping and accountancy work – you won’t find us hunched in grey suits between stacks of files. ...See More

Bird & Co
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Additions Accountancy
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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

John Lavender accounting ltd
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TAA CONSULTANTS LTD
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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

Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More

AWS ACCOUNTANTS (LONDON) LLP

Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More
Frequently asked questions
What specific tax reliefs can an accountant for doctors help me claim?
An accountant who specialises in the medical profession will be fully aware of the allowable expenses that you can claim, such as professional subscriptions, indemnity insurance, and the cost of medical equipment. They will also help you claim relief on expenses like conference fees and specialist clothing, ensuring that your Self Assessment tax return is fully optimised. By keeping detailed records and working with a qualified professional, you can legitimately reduce your tax bill.
How does an accountant assist with my Self Assessment tax return?
Your accountant will gather all your income details, including earnings from your NHS role, private work, and any other sources. They will then prepare and submit your Self Assessment tax return to HMRC on your behalf, ensuring that all figures are accurate and that you claim every deduction you are entitled to. They will also advise you on any payments on account and help you plan for future tax liabilities, so you are never caught off guard.
What is the difference between an ACCA and an ICAEW accountant?
Both ACCA and ICAEW are prestigious professional bodies that require rigorous training and examinations. An ACCA accountant is qualified through the Association of Chartered Certified Accountants, whilst an ICAEW accountant is a member of the Institute of Chartered Accountants in England and Wales. Both are recognised as experts in their field and are regulated by the Financial Reporting Council, ensuring that they adhere to high standards of professional conduct and competence.
Can an accountant help me if I am a locum doctor with irregular income?
Absolutely. An accountant who works with locum doctors is well-versed in managing fluctuating income streams. They can help you set aside the correct amount for tax, make accurate payments on account, and ensure that you are not overpaying tax. They will also assist with registering for Self Assessment and can advise on the best business structure, such as a limited company, to help you manage your finances more efficiently.
How often should I meet with my accountant?
The frequency of meetings can depend on your personal circumstances, but it is generally advisable to have a review at least once a year, ideally before the end of the tax year. Many doctors also choose to meet with their accountant quarterly to review their financial position, plan for tax payments, and discuss any changes in their practice. Regular contact ensures that your accountant can provide proactive advice and keep your finances on track.
What should I look for when choosing an accountant from the directory?
When browsing the directory, look for accountants who explicitly state that they have experience working with doctors. Check their qualifications, such as ACCA, ICAEW, or AAT membership, and read any client reviews to gauge their reputation. It is also wise to consider their location in Worthing, as face-to-face meetings can be beneficial. Finally, arrange an initial consultation to discuss your needs and ensure that you feel comfortable with their approach.
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