Doctors & clinics
Financial clarity behind the care you provide.
Accounting support for independent clinicians, locums and medical practices balancing patient care with business responsibilities.
A personal approach to your finances.
A busy clinical diary leaves little room for reconciling receipts or reviewing practice costs. Income from different appointments, sessions or contracts can arrive at different times, while staff, premises and equipment create ongoing commitments.
Taxwell helps doctors and clinics organise the business side of their work. We discuss how you practise, the structure you use and the sources of income involved, then agree accounting support that fits your circumstances.
How Taxwell can help
Income and expense records
Bring together session fees, clinic receipts and business expenditure in a consistent record. We help reconcile the financial information without needing patient-level clinical details in routine accounting records.
Accounts and personal or company tax
Prepare the accounts and returns appropriate to your working arrangements. Where you have several sources of professional income, we identify the information needed to understand the overall accounting position.
Practice payroll and management information
Support with staff payroll and agreed reporting can help you review staffing costs, premises expenditure and the financial performance of your practice. We tailor the frequency and detail to your needs.
Understand the practice behind the appointment book.
A full diary does not automatically show how well a practice is performing. Reviewing income alongside staffing, room, equipment and administration costs can provide a more useful picture. We help you discuss those figures, including the information needed before expanding capacity or making a significant purchase.
What to bring to our first conversation
- Your working arrangements and business structure
- Income summaries from professional work and practice activity
- Bank statements and business expense records
- Payroll information and previous accounts or returns
Working with Taxwell
- Start with a conversation. Tell us how you work, what is already in place and where you need support.
- Agree the services and fee. We confirm the work, responsibilities and information required before the engagement begins.
- Build a practical routine. We agree how records will be shared, raise questions and review your needs as the business changes.
Before we get started
Can you help if I have both employment and private income?
We can discuss the information needed to account for different income sources and prepare the returns within the agreed scope. Provide a summary of your working arrangements at the outset.
Does every medical service have the same VAT treatment?
No. The treatment can depend on the nature and purpose of the service. We review the relevant activities with you and agree any additional VAT work required rather than assuming a single treatment for the whole practice.
How do I get a quote?
Use our quote-request page or arrange a conversation with Taxwell. Tell us about your activities, the records you keep and the services you need. We review the requirements and agree the scope and fee with you.
Further reading: HMRC guidance on health professionals and VAT ↗
Let’s discuss the support you need.
Bring your questions to Taxwell. We will help you identify a practical next step for your accounts and business finances.
