Specialist advice for Hospital Doctors

Working for the NHS or in the private sector as a Hospital Doctor can be stressful enough without worries about your taxation, pensions and financial affairs as well. We can help you to keep your finances fit and your pension healthy.

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Taxation for Hospital Doctors

As a Hospital GP you have your salaried income but you might also have additional locum income or income from private work. You may also have savings income and sometimes rental income as well.

We offer a range of taxation services to hospital doctors to make sure your finances are working the best for you:

Services you need every year

Preparing annual self-assessment tax returns.
Agreeing and chasing tax refunds from HMRC.
Advising on expense claims for professional fees and subscriptions.
The preparation of buy to let tax returns. Many doctors have become accidental landlords. We can help with all aspects of buy to let taxation, including splitting income between husband and wife or civil partners, income tax and capital gains tax.
Unlimited telephone support for ad hoc queries.

Services you will need occasionally

Providing accountants references for mortgage purposes.
Advising on property acquisition.
Inheritance tax planning.
Software training and advice on cloud based accounting packages.
Planning for capital gains tax.
Budget and cash flow planning.
Fees for one-off services are usually agreed with clients in advance.

We usually do this on an all inclusive fixed fee for accounts, taxation and recurring advice, so you know what the costs will be in advance.

Contact us for specialist medical accountancy services for Hospital Doctors

If you’re looking to plan your finances for the future or trying to find an answer to a problem then get in touch today.

NHS PENSION REVIEW

Are you in danger of being hit with a huge tax bill on your pension growth? Our NHS Pension Review Service can provide an advance warning of impending pension issues.

Learn more →

TAX ENQUIRY PROTECTION

HMRC have increasingly got GPs in their sights and many Practices have been subject to lengthy tax investigations. Make sure you’re covered with our annual insurance scheme.

Learn more →

FREE

EXPERT CONSULTATION

Talk to one of our Medical Accounting Team for free. We can discuss your circumstances and how we can help you achieve better financial management, reduce your tax bills or plan for the future with a tailored fixed price plan.

Meet our team

We have a panel of subject experts and a team of professional accountancy support staff to make sure your specific needs are met reliably and cost effectively.

Meet our team

HOW WE CAN HELP

A specialist healthcare team to advise you
Call free for support at any time
Keep you up to date with the latest changes
No fuss, smooth process to change to us
Members of AISMA - Association of Independent Specialist Medical Accountants

What our clients say…

Mr Muhammed Siddiqui, Hospital Doctor

As a trainee I was very unaware of the tax system when starting work. I was pursuing surgery and it resulted in paying for a lot of courses and locuming to support my journey. The tax system was very complicated and when I went to see Debra as I really had no idea how to start sorting out my tax affairs including correcting tax codes and what the locuming income meant for my current PAYE system and also how I could maximise my tax free amount with subscriptions.
I cannot thank them enough for helping. They really listened to my concerns and needs. I had never thought of getting an accountant until then and had never thought of stopping except for the fairness that Nichols and Co have dealt with me. They’ve taken me to a place where I am now beginning to do my own tax returns resulting in independence. Their ethical approach towards me has resulted in recommending my sister and other colleagues to seek their help. My emails are always answered quickly and appropriately. They are and, in particular, Debra truly exceptional accountants.