Who this is for
- Private GP, dental and medical clinics
- Physiotherapy, chiropractic and osteopathy practices
- Psychology, counselling and talking-therapy centres
- Multidisciplinary health clinics
Income and billing
- Self-pay patients
- Insurance-funded treatments
- Corporate health contracts and OH services
- Sessional room rental to associate clinicians
Common allowable expenses
- Clinical staff wages, locum fees and associate payments
- Practice rent, utilities, rates and service charges
- Medical supplies, PPE and clinical consumables
- Equipment leases (scanners, chairs, treatment tables)
- Indemnity insurance and professional memberships
- Practice management software and booking systems
- Marketing, websites and patient communications
VAT on healthcare
Most medical services delivered by registered healthcare professionals are VAT-exempt, but ancillary services and some products may be taxable. Getting this wrong can be costly – we align your model with HMRC’s medical care VAT rules.
What we need from you
- Business bank statements and card/online processor reports
- Sales reports by clinician or service line if available
- Supplier invoices – rent, equipment, supplies, insurance
- Payroll reports and associate agreements
We give you a clear view of profit by service line and make sure you are not over- or under-paying tax on your clinical work.