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)
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 10+ 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 dealt exclusively with medical clients, providing compliance services to a portfolio of 140 GP practices.
Keith relishes the challenge of the constantly changing healthcare 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 firm solely focused on the healthcare sector; BW Medical Accountants Limited, with medical taxation expert Peter Waller as his first member of staff. With the financial backing of Richard Blackett and Kevin Walker who also own 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. BW also has one of the largest, most experienced healthcare finance teams in England.
On a day to day basis Keith is responsible for a team of 20 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
- 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."