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Further expansion for BW Medical

Niche medical specialists’ BW Medical Accountants has recruited seven members of staff and has launched a new service focused primarily on hospital consultants and other high earning healthcare professionals.

The specialist firm has shown strong growth since its inception in July 2013 when it was launched by Blackett Walker wealth management founders Kevin Walker and Richard Blackett with medical finance and business accountant Keith Taylor at the helm.

It now services over 100 GP practices and an expanding portfolio of over 1200 healthcare professionals including GPs, hospital consultants, hospitals doctors, dentists and GP Federations, across England.

In line with demand BW Medical has recruited seven staff, most recently Iram Mukhtar a medical tax senior, Ambika Venayak, a medical accounts assistant and Dunil Baines a medical services accountant. They have joined Jane Marley, a fully qualified accountant; Ashley Hayes, an NHS administrator; Samantha Irving, a tax technician and Frances Elliot a tax administrator all more recent recruits of the 20 strong BW Medical team. 

Dunil Baines said: “In 2002 I moved into the medical side of accountancy, working with GP practices, dental practices, and healthcare professionals so I’m bringing specialist accountancy knowledge acquired over many years to an exciting and expanding medical specialist firm here at BW Medical Accountants.”

As part of BW Medical’s growth strategy the firm has also launched a service designed for high earning healthcare workers. The new service has a particular focus on hospital consultants in light of the recent introduction of far more complex rules for those classed as high earners, making the annual tax return a job requiring expert financial advice and assistance. 

David Elliot Tax Director for BW Medical said: “The need for a specialist accountant for the medical sector has never been so great than at the present time.

“Hospital consultants in particular have been used to being able to avoid the NHS Pension and income tax complexities associated with General Practice. But this new complexity now goes beyond GPs and GP practices and includes anyone who is eligible for an NHS Pension and in particular those classed as high earners by the government.

“We already look after a number of hospital consultants but many more individuals who have historically filed their own tax returns could now be risking an unexpected tax bill following the introduction of highly complex new rules for the NHS Pension Scheme for the 2016-17 accounting period. It is for this reason BW Medical has launched a service focusing primarily on hospital consultants and other high earning healthcare professionals.”

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  • 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.  We 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.

    GP Partner
    GP Practice, 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 changed to BW Medical Accountants 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.

    GP Partner

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