Legal Considerations for Self Employed Health Practitioners

Self Employed Health Practitioners are classed as “Sole Traders” under UK Income Tax which is regulated and collected by HMRC.

You are “in business” or “running a business”, even if you are providing your services to a clinic.

You can keep the profits of the business, and you are responsible for the Income Tax and National Insurance.

You are personally responsible for any losses your business makes and paying suppliers.

You need to:

keep records of your business’s sales and expenses.
send a Self Assessment Tax Return every year by 31st January for the preceeding tax year ended 5th April.
pay Income Tax on your profits and usually Class 2 and Class 4 National Insurance.
get a National Insurance number if you don’t have one, particularly if you are from another country.

HMRC: Self Employed status check

Phone:
0845 250 0515
07986 381123
9:00 am to 6:00 pm
Fees:
For Self-Employed / Self Assessment,
typically £40 per month. Payable for 12 months concurrent with the tax year.

For new Self Employed practitioners, for the first tax year of business, £420 per year. Payable monthly concurrent with the tax year.

Limited Companies from £1,500 per year. Payable monthly concurrent with the company year.

Free easy bookkeeping software provided.

Terms and conditions apply, available on request.
About Us:

Paul Ainsworth BA ACA is a Chartered Accountant from a healthcare practice family.

Paul’s grandfather and uncles were Osteopaths and Naturopaths.

Dawn Ainsworth MSc BSc has a masters degree in food science and nutrition, and was Clinic Manager of a multi-disciplinary healthcare clinic for 10 years.

We understand the contractual arrangements, together with the accounting and tax implications for independent practitioners.

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