Welcome to Audtax, specialist accountants for aesthetic clinics
Our dedicated team has knowledge and knowhow within the aesthetic industry, and understands the tax implications for beauty businesses. We are a London based firm with a helpful team that can offer a complete range of accounting services across the UK.
Keeping your tax and VAT in good health is vital to the strength of your business. We talk our customers through their complete needs and will ensure that we provide the right solutions for them, regardless of whether they have a small or large business with more complex needs.
Accountants for self employed aesthetic practitioners
The aesthetic sector is expanding at a fast pace, so it is no surprise that more people are looking to train and work in this area.
A lot of aesthetic practitioners choose to go self-employed, either operating in their own premises with their own client base; as part of an established clinic such as a beauty salon which offers a comprehensive range of services; or as a mobile practitioner, giving them the freedom to travel around.
Whatever kind of practitioner you are, it is good to look to the future so that you have all the support you need before any challenges come your way.
At AudTax, accounting solutions are our business and one we are passionate about. We offer current advice and take the stress out of your finances. Our professional team of specialists have the knowledge to advise you on issues like pay, resources and expenses.
Accountants for aesthetic limited company
Accountancy services can be useful for the aesthetic sector, especially as they are likely to be VAT registered and need various support.
Aesthetic services such as Botox or soft tissue fillers are not inexpensive procedures. Therefore given the volume of work and cost per unit, VAT compliance is likely to be necessary. This involves a range of different aspects such as bookkeeping, which will be supported by Making Tax Digital software as well as VAT returns.
Finding accounting solutions that meet these needs, as well as tax returns, is important and this is where AudTax can help!
Our accounting fees for aesthetic clinics
We normally help aesthetic clients earning over £50k per annum with a wide range of accounting services. If you’re not quite at this stage please feel free to contact us still, and ask for advice.
Aesthetic and Medical Combined Services
For some businesses, they offer both aesthetic and medical services under one roof. This could be, for example, in a dentists. They may offer both medical dentistry and also teeth whitening services.
This can cause issues with VAT, where the medical services are VAT exempt and the whitening is an aesthetic service, so has 20% VAT applied.
If you are struggling with the complexities of the industry when it comes to VAT, and where the exemptions lay and where they do not, then contact us today for advice. At AudTax, we can ensure your finances are all in order and the right amounts of VAT are being applied.
Accounting services for aesthetic businesses
Whether you have worked with a previous accountant or are a new business owner, we can offer you comprehensive advice to help you plan ahead. From tax services to payroll services, we can assist all kinds of beauty businesses.
Regardless of whether you are looking for money saving tips, or want to take the pressure off producing your annual accounts, AudTax are committed to giving our customers a stress free service.
Contact us to investigate your financial health with our team and you can be sure that we have the knowledge you need where it is needed the most, without excess cost.