The HMRC Self-Assessment deadline of 31st January is approaching, and for many therapists, psychologists, counsellors and mental health professionals, this can be a particularly busy and stressful time of year. Managing client work alongside financial compliance is challenging, especially if accounting is not your area of expertise.
If you are self-employed, work in private practice, or have income outside PAYE, HMRC requires you to submit an accurate tax return and pay any tax due by the deadline. This includes declaring therapy income, grants, additional work, and claiming appropriate business expenses such as room hire, supervision, insurance, CPD, and professional memberships.
Failing to submit on time leads to an immediate £100 penalty, with further fines and interest added the longer the delay continues. Even honest mistakes can result in HMRC queries, which take time and emotional energy to resolve.
Our specialist accounting services for therapists and psychologists are designed to remove this burden. We understand the financial structure of therapy practices and ensure your return is accurate, compliant, and optimised within HMRC guidelines. We also handle submissions directly to HMRC, giving you peace of mind.
With the deadline fast approaching, now is the time to seek professional support. Let us manage your Self-Assessment so you can focus on supporting your clients — knowing your tax affairs are in safe hands.