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Keith Taylor FCA

Keith Taylor FCA

Keith Taylor FCA

Director of Medical Services
Based on traditional professional values, our company brings together the full suite of financial services required by medical professionals under one roof.

Intro

Keith Taylor (FCA) is Director of Medical Services and Managing Director of BW Medical Accountants, a specialist accountancy and financial planning firm which he founded in 2013.  With a proven track record and a wealth of experience, Keith is a leading expert in financial accountancy services for the healthcare sector and a member of AISMA. (Association of Independent Specialist Medical Accountants)

Professional Experience

With over 35 years of experience in the finance industry, Keith has helped clients in almost every sector before specialising in medical accountancy which has been his sole focus for the last 8 years.

Keith began his career in finance in 1981, working towards his qualification as a chartered accountant with Newcastle based Spicer and Pegler – now Deloitte Touche.  After qualifying, he made the decision to move to BDO in the Channel Islands, where he quickly progressed from an auditor to senior auditor, managing a team of 35 staff.

Keith has always had a clear vision of how he wanted to progress, after seeing the huge sums of money involved with the corporate big business sectors he felt that owner-operators were often overlooked in terms of service levels and general focus. 

He decided to return to Newcastle, where he made a series of career moves resulting in him becoming group manager for a regional accountancy firm in 2002, later progressing to head of medical services where he would deal exclusively with medical clients, providing compliance services to a portfolio of medical practices.

Keith relishes the challenge of the constantly changing medical sector and found that the clients he was dealing with saw an immediate benefit from his services as he fulfilled his desire to work with owner-operator businesses.

In 2013, Keith launched his own niche medical specialist company BW Medical Accountants Limited, with Peter Waller as his first member of staff, and the financial backing of Blackett Walker Independent Financial Advisers. BW Medical Accountants continues to gain momentum, and is now well established as a niche firm which raises the bar in terms of medical accountancy service provision.

Expertise

On a day to day basis Keith is responsible for a team of 16 specialists and the overall delivery of accountancy and tax services to over 1,200 medical professionals and over 100 GP Practices, including GP partners, locums, hospital doctors, consultants, dentists and retired practitioners throughout England.

Skills In Focus

  • Medical Accounts - GP Partnership / Dental Accounts
  • Strategic financial advice for the healthcare sector
  • GP Partnership accounts & tax advice
  • NHS Pensions Management
  • Superannuation certificates
  • Practice Mergers
  • Buying into a practice
  • NHS Working At Scale: GP Federations / Provider Companies
  • Funding
  • Succession planning

In Keith's Words

"The healthcare market is vast and very few healthcare professionals are currently supported by true specialist medical accountants.  It's our aim to help as many as possible manage their finances and navigate the challenges facing the sector, particularly the NHS. Due to our track record and unrivalled service proposition we act for clients throughout England.

"Our firm offers highly experienced experts with specialist knowledge of the healthcare sector and your individual professions. A key advantage for our clients is the close working relationship with our sister company Blackett Walker Independent Financial Advisers, who have similar specialist knowledge of the NHS and in particular the complexities of the NHS Pension scheme. This enables our team to support and advise GPs, Salaried Doctors, Locums, GP Partners, Hospital Consultants and Dentists from qualification through to retirement.

"I enjoy working with likeminded professionals and look forward to developing a successful and highly regarded company which provides an unparalleled quality service. The beauty of working in the healthcare sector is the satisfaction gained from assisting clients and the positive feedback received is highly rewarding."

  • 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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