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Leading medical accountancy firm makes board level appointment

  • 6th February 2017

Leading medical accountancy firm makes board level appointment

Specialist advisers to the healthcare sector BW Medical Accountants has announced that David Elliot has been promoted to board level taking the role of tax director.

David has over 30 years experience in the tax and accountancy profession; he joined the Gosforth based medical accountancy firm in August 2013 as a tax adviser and has proved to be an invaluable member of the team.

He will now be overseeing tax compliance of the company’s client base including almost 100 GP practices and 1,000 medical professionals. He is also responsible for the compilation of internal taxation registers, tracking and recording systems.

David said: “I’m thrilled at being appointed a director and thank the board for this recognition of the quality of the work I have undertaken for BW Medical’s clients during the last three and a half years.”

David embarked upon his career in taxation in 1986 at the Inland Revenue (now HM Revenue & Customs) as an administrative tax assistant and since then gained valuable experience managing a portfolio of healthcare clients on behalf of RMT accountants.

After 26 years with RMT, David joined his former colleagues Peter Waller and Keith Taylor at niche firm BW Medical Accountants, where he brings his experience of working exclusively with healthcare clients.

He said: “The role I perform is varied and very interesting, reaching far beyond just dealing with taxation compliance issues.  I would say that the most satisfying aspect of my job is working alongside a team of professionals who truly are the best at what they do.

“Together we are able to give our client base a service which exceeds their expectations and continues to gain us a nationwide reputation as the only truly niche firm of specialist medical accountants with a unique service offering to match our vast expertise.

“I’m looking forward to expanding my role at BW Medical to tax director following the company’s rapid growth and continuing to build on our track record of delivering exceptional service for our clients along with the rest of the team.

“BW Medical Accountants are genuinely worthy of the title of ‘specialist medical accountants’ something I care passionately about given how important it us to understand the complexities of the NHS and the financial implications that healthcare professionals must consider at each stage of their career. Although my portfolio includes Dentists and healthcare professionals working in the private sector, the majority work for the NHS either in a primary or secondary care setting.

“I’m delighted to have been part of this firm’s success to date and look forward to contributing to our continuing success in the future.” 

The appointment comes as BW Medical Accountants has experienced a period of rapid growth, expanding their client base from zero when the firm was launched in 2013 to 1,000 NHS healthcare professionals in three years and attracting a workforce of the most experienced medical accountants in the North East.

Keith Taylor, Managing Director at BW Medical Accountants, said: “At BW Medical we’re firmly invested in developing our team and it’s fantastic that we can reward David’s years of service and expertise by promoting him to the board as tax director.

“He has already shown that he has in-depth knowledge needed to succeed in the highly specialised medical accountancy sector, and is the right person to help lead our team forward into 2017.”

Who writes this?

Keith Taylor FCA

Keith Taylor FCA

Director of Medical Services
Find out more about Keith
  • Very smooth changeover to BW, with good communication at all times. Very efficient in the production of the accounts (as promised) and the Partners are delighted with the advice received to date.

    Paul Atkinson, Practice Manager
    Netherfield House Surgery, Northumberland
  • BW Medical Accountants have a good working knowledge of General Practice and are keenly aware of the challenges Practices face within the changing environment of the NHS.  Benfield Park have been very impressed by the way BW Medical continue to deliver the range of services they provide from Accounts to Tax and NHS Pension advice. 

    We have found Practice consultation and engagement from BW Medical specifically helpful to shape the future of the Practice.

    Jonathan McCutcheon, Practice Manager
    Benfield Park Medical Group, Newcastle
  • We had no hesitation in moving to BW Medical Accountants.  For any business your accountant is integral, and for us one of the most important factors to this relationship is to have a personal and trusting approach, which BW have undoubtedly achieved. 

    The service we receive and the interest they show in our practice assures us that they have a genuine interest in us and commitment to us.  More importantly they are always helpful and polite to answer even the dumbest of questions!  They give us confidence and reassurance knowing that they are always very up-to-date with all the numerous changes within general practice and we would have no hesitation in recommending them to other practices seeking a professional and personal accountancy service.

    Jackie Rotherham, Practice Manager
    The James Street Family Practice, Lincolnshire
  • We moved to BW Medical Accountants in 2013 and we are delighted that we have.  Having been in the same business for over 20 years it is important to have a relationship with the accountancy team but most importantly you need to have trust.  We made the decision to move our business to BW Medical Accountants and having worked with the Team especially Tina we are very satisfied.  Tina going through the accounts brought to our attention many things that I was not aware of in the past.  The first years' experience can only be described as excellent.

    Customer service is first and foremost with BW and this shines through as each and every one of them are approachable, helpful and most importantly understand and know the business.  General practice is complex and is going to get more complex in the coming years.  We need Accountants who truly understand our business. We as a practice and as individuals would certainly recommend BW Medical Accountants.

    Gloria Middleton, Managing Partner
    Westbourne Medical Group, Sunderland
  • We changed to BW Medical Accountants during this financial year and I would say we have just had the most transparent and understandable end of year meeting and the best planning advice I have ever had in 16 years of practice.

    Dr H Jervis, Partner
    Temple Sowerby Medical Practice, Cumbria

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