⭐ 26 February, 2027 – Tax & Finance Basics for the Therapist

This CPD will explain the relevant fundamental principles of finance in a simple way, giving the therapist the confidence to maintain their own records independently, saving time and money in the process.

This CPD will enable you to confidently maintain accurate records (income, expense, tax, budget etc) and independently complete your own tax return without the need of employing external resources.

There can very often be the temptation to over complicate things with regards to accounting and finance, so I would like the therapist to finish the CPD knowing that they have the knowledge, tools and resources to put systems in place to make the process simple.

Course Content

This CPD will cover:

• Do you need to employ an accountant?
• Information on how and when to register as self-employed and thoughts to consider for/against a Limited company.
• How to make record keeping as simple as possible; what records do you need to keep? For how long? How to physically maintain the receipts/records. Is a separate bank account required?
• Definition of allowable expenses and information on what expenses are allowable.
• What income needs to be declared? Cash, bank transfer, income from non-client hours such as talks/workshops etc.
• How to fill in and submit a tax return and when this needs to be completed by (currently).
• Information on how to budget for your business and the benefits of doing so.
• Overview of the Making Tax Digital quarterly assessment changes that are due to start taking place from 2026 (legal requirement). Including; requirements, practical steps you can take to prepare your business, what software do you need, when will you be affected by this.