Accountant for therapists
As a therapist or private practice owner, you face unique financial challenges that require specialist support. At Xeinadin, we offer bespoke accounting for private practice therapists.
You can trust us to manage your financial records, optimise tax planning and ensure compliance, allowing you to focus on your clients. Let us handle the numbers so you can concentrate on what matters most – providing exceptional care and support.
- Accounting services for therapists in private practice
- Specialist expertise in tax deductions for therapists
- Trusted by over 80,000 clients across the UK and Ireland
Why do therapists need specialist financial support?
Running a therapy practice comes with certain financial challenges. From managing session fees to understanding industry-specific tax rules, navigating your finances can feel overwhelming.
At Xeinadin, we specialise in accounting for therapists, offering guidance on everything from self-employed therapist tax deductionsto private practice therapist taxes. By working with us, you’ll gain clarity, save time and optimise your financial health.
Our team helps therapists:
- Track income from clients
- Manage operational expenses
- Maximise tax efficiency
- Stay compliant with ever-changing tax regulations
Our accounting services
Why choose Xeinadin as your therapist accountant?
- Specialised expertise: We understand the unique financial challenges you face, from income variability to managing private practice taxes.
- Personalised solutions: Access experts in the healthcare sector who will take the time to understand you and your goals before providing bespoke services that align with the aims of your business.
- Trusted advisors: With over 2,000 expert accountants and 80,000 clients, we've earned our reputation as a reliable financial partner.
- Innovative technology: From cloud accounting to digital tax solutions, we use cutting-edge tools to streamline your financial processes.
- Local support: We have more than 130 offices across the UK and Ireland, so we're always nearby when you need in-person advice.
Book a meeting
Curious about how our dentist accountants can benefit your practice? Schedule a free, no-obligation consultation with one of our experts.
Get in touch
Our experts are ready to explain how we can tailor our accounting services to meet your needs.
Therapist accountant FAQs
Our services are designed for a wide range of industry professionals, including:
- Self-employed therapists
- Private practice owners
- Counsellors and psychotherapists
- Clinical psychologists
If you’re unsure whether we can help, get in touch.
A specialised therapist accountant can help you navigate the unique financial challenges of your practice.
- Accounts: They can set up systems to track client payments and keep accurate records, making it easier to manage your cash flow.
- Bookkeeping: Your accountant will help you monitor costs like room rentals, insurance, and training, ensuring you claim all eligible tax deductions.
- Tax planning: They’ll optimise your tax strategy, helping you maximise deductions for expenses like insurance premiums and the cost of premises, and ensure you’re compliant with HMRC regulations.
- Payroll: If you have staff, an accountant will ensure all payments and tax deductions are correct and timely so you stay compliant with employment laws.
Yes, therapists in the UK are subject to various taxes, including:
- VAT: This can be a thorny topic for some counsellors and therapists. Clinical psychologists are VAT-exempt health professionals, but other psychotherapists are not and will need to charge VAT on top of their service fees. For advice on where your business stands, contact us.
- Income tax and National Insurance: Self-employed therapists must report earnings and pay income tax and National Insurance, which is calculated in line with your income levels. Our experts can help you when it comes to filing tax returns and self-reporting.
We’ll help you navigate these requirements and identify potential deductions to minimise your tax burden.
The cost of accounting services depends on your needs. Contact us for a free consultation and we’ll provide a transparent quote tailored to your practice.
Here’s what to expect when you choose Xeinadin as your therapist accountant:
- Initial consultation: Book a meeting to discuss your goals and requirements with our team.
- Service recommendations: We’ll propose tailored solutions and provide a transparent quote.
- Setup: Once approved, we’ll access your financial records and systems to see where opportunities and challenges lie.
- Kick-off meeting: Meet your dedicated team, ask any questions you have and discuss the next steps.
- Ongoing support: We’ll handle your finances and adapt services as your needs evolve. If something needs to change, you’ll be the first to know.
Meet our dentist accounting experts
Daniel Tremain
Partner - HealthcareSittingbourne
Caroline Blake
PartnerChester
Michael Ogilvie
DirectorEastbourneGet in touch
Related Insights
This website uses cookies
With these cookies, we and third parties can collect information about you and your internet behaviour, both within and outside our website. Based on this, we and third parties adjust the website, our communication, and advertisements to your interests and profile. You can read more information in our cookie statement.
Functional cookies are essential for the proper functioning of our website. They allow us to enable basic functions such as page navigation and access to secure areas. These cookies do not collect personal information and cannot be disabled.
Analytical cookies help us gain insight into how visitors use our website. We collect anonymised data about page interactions and navigation, enabling us to continuously improve our site.
Marketing cookies are used to track visitors when they visit different websites. The goal is to display relevant advertisements to the individual user. By allowing these cookies, you help us show you relevant content and offers.
