Accounting for Medical & IT Professionals

Specialist Tax and Financial Services for Healthcare and Technology Experts

Best Accounting for Medical & IT Professionals in London. At Taxplus Accountants, we understand the unique financial needs and challenges faced by professionals in the medical and IT sectors. Whether you’re a self-employed GP, locum doctor, consultant, software developer, or IT contractor, we provide specialised accounting and tax services to help you stay compliant, save on tax, and plan for long-term financial success.

Our team offers personalised support and strategic advice, so you can focus on your profession while we take care of the numbers.

Services for Medical Professionals:

  • Self-Assessment Tax Returns for Locums and Consultants
  • NHS & Private Practice Income Accounting
  • Locum GP and Dental Practice Bookkeeping
  • Pension Contributions & NHS Scheme Guidance
  • Expense Claims & HMRC Compliance
  • Incorporation Advice and Limited Company Support

Services for IT Professionals:

  • Contractor & Freelancer Accounting
  • IR35 Guidance & Compliance
  • Limited Company Formation & Management
  • VAT and CIS (if applicable) Support
  • Business Expense Optimization
  • Cloud Accounting & Real-Time Reporting

We use modern accounting software and digital tools to make your financial management easy, accurate, and accessible. Our proactive approach ensures that your tax obligations are met on time—and your income is optimised efficiently.

Why Specialist Accounting Matters

Both medical and IT fields involve unique financial scenarios, such as:

⏺ Multiple income streams (NHS/private, contracts, international work)

⏺ Irregular or project-based income

⏺ Business expenses and tax-deductible costs

⏺ VAT registration and returns

⏺ Complex tax codes and pension contributions

⏺ Limited company or sole trader structures

An accountant who understands your industry can help you navigate these challenges while maximizing your tax efficiency.

Key Services for Medical & IT Professionals
  1. Tax Planning & Compliance

Tailored advice on allowable expenses, IR35 rules (especially for IT contractors), and optimizing income structure to reduce tax liability.

  1. Bookkeeping & Payroll

Efficient bookkeeping, monthly payroll services, and real-time financial tracking for better decision-making.

  1. VAT & HMRC Submissions

Managing VAT registration, submissions, and ensuring compliance with HMRC’s Making Tax Digital (MTD) requirements.

  1. Business Structuring

Guidance on whether to operate as a sole trader, limited company, or partnership, with insights on liability and tax advantages.

  1. Pension & Investment Advice

Support in managing NHS pensions, private pensions, and smart investment planning for long-term growth.

Are you a medical or IT professional seeking expert financial guidance?
Get in touch with Taxplus Accountants today and let us support your professional success.

Accounting for Medical & IT Professionals
Accounting for Medical & IT Professionals
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