
Specialist Consultants Accounting Services
Free consultation with one of our specialists
Streamlined Accounting Services for Consultants
Medical consultants with significant private practice income face unique financial challenges. Our accounting services are designed to minimise taxes and manage NHS pensions effectively.
Tax Planning for Consultants
Navigating tax planning? Our expertise in Consultants Accounting Services includes assessing the best business structures and advising on expense claims to reduce your tax liability.
Here are some of the areas that we we can help you as a consultant.
- Claiming Expenses
- Should I be a Limited Company?
- National Insurance
- Tax planning
- Accounting and Tax
- Pension Schemes
- Tax Enquiry Protection
Tax Efficiency for Consultants
Our targeted tax planning ensures medical consultants benefit from optimised tax strategies, minimising liabilities and enhancing income retention.
- Strategic business structure advice.
- Inclusive family participation planning.
- Tax-deductible expense maximisation.
- National insurance reduction tactics.
- Individualised tax planning solutions.


NHS Pension Scheme Strategy
For medical consultants, navigating the NHS pension scheme often seems complex. Yet, our guidance brings clarity on allowances and potential tax charges, ensuring you make informed and strategic pension planning decisions.
“They show a high level of integrity and I value that”
Khalid Ismail, General Practitioner of over 30 years and Senior Partner of South Lewisham Group Practice in South East London explains what he values the most from working with our Nichols & Co team and how we support their medical practice.
Get in touch
Contact us for specialist medical accountancy services for Consultants
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.
Telephone: 020 8850 3300
We’re open from 9am to 5pm Monday to Friday. We are closed on bank holidays.
News
Our latest updates
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Director’s Loan Account and Personal Expenses for NHS Consultants
A director’s loan account for NHS consultants can be used for personal expenses, but the rules matter. Learn how to use them.
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Family Investment Company for NHS Consultants: When to Consider One
Family Investment Company planning for NHS consultants. Learn when it may become appropriate and how it can support long-term family wealth planning.
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The Tax Traps for High-Earning Doctors
The Tax Traps for High-Earning Doctors explained. Learn how the £100k tax trap, private practice income and tax planning affect NHS consultants.
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Making Tax Digital for Doctors: Preparing for Quarterly Reporting
Making Tax Digital for Doctors explained. Learn who is affected, how quarterly reporting works and how to prepare for your first MTD submission.