
National Insurance Strategies for Consultants
Free consultation with one of our specialists
Navigating National Insurance for Consultants.
As a consultant with NHS and private practice income, you might be overpaying on National Insurance. We ensure you pay the correct amount, safeguarding your earnings.
Reducing NIC for Consultants
Consultants often don’t realise they’re overpaying National Insurance. Our services strategically manage your contributions, optimising what you pay across all income sources.
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
Smart NIC Management Benefits
Proper National Insurance management ensures consultants don’t overpay. With our expertise, you’ll retain more of your hard-earned money and can even reclaim past overpayments.
- Assess and adjust NIC across income sources.
- Apply for NIC deferment on private practice earnings.
- Prevent accidental NIC overpayments.
- Reclaim overpaid NIC for prior years.
- Ensure compliance with NIC regulations.
- No additional cost for unnecessary contributions.


Tailored NIC Consultancy
Our first step with new consultant clients is a thorough review of National Insurance payments to identify any overpayments. We work diligently to correct your NIC position, seeking refunds where possible and adjusting future payments to align with actual obligations.
“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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Employing Family Members Through a Limited Company
Learn how employing family members through a limited company works, what HMRC expects and how to employ relatives compliantly.
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NHS Pension Tax Planning: How the Scheme Affects Your Tax Position
NHS Pension Tax explained for consultants, GPs and doctors. Learn how the NHS Pension Scheme can affect your tax position and wider financial planning.
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Can You Use a Director’s Loan to Repay Your Mortgage?
Thinking about a Directors Loan Mortgage? Learn the tax implications, Section 455 rules and key considerations before using company funds.