Making Tax Digital: What healthcare providers need to know
The UK tax system is undergoing a major transformation, and if you're a healthcare professional, it's essential to understand how these changes will affect you.
In April 2024, Holly joined Price Bailey as a Partner in the Business team based in the Cambridge office. Beginning her career as a student accountant in 2011, Holly’s journey to Partner showcases her dedication and commitment to the industry. She gained her AAT qualification in 2013, qualified as a Chartered Accountant in 2015, and obtained her CTA in 2020.
As a specialist in the healthcare sector, Holly is recognised within the industry for her expertise, having previously been nominated as the Association of Independent Specialist Medical Accountants (AISMA) specialist at her last firm. She also has extensive experience assisting SMEs, including sole traders, limited companies, and partnerships.
Holly provides comprehensive support to her clients and advises on matters such as annual accounts, tax returns, cashflow management, and navigating industry changes like the McCloud remedy and NHS contract amendments. Holly’s relationship with clients is built on the quality of her advice, and her ability to tailor guidance to her clients individual needs.
The UK tax system is undergoing a major transformation, and if you're a healthcare professional, it's essential to understand how these changes will affect you.
For doctors balancing NHS and private pensions, the upcoming changes to to IHT and unused pension funds is a shift worth preparing for...
With understanding of dental-specific issues like UDA reporting, associate agreements, and tax efficient profit extraction, dental-focused accountants provide tailored support that might otherwise get overlooked, freeing up your time to focus on patients, performance, and long-term planning.
Understand the critical VAT distinctions between cosmetic treatments and medical care, and how misclassification can lead to significant financial consequences with HMRC.
Contact us today to find out more about how we can help you