Tax and finance basics for the therapist CPD
This CPD will explain the relevant fundamental principles of finance in a simple way, giving the therapist the confidence to maintain their own records independently, saving time and money in the process.
This CPD will enable you to confidently maintain accurate records (income, expenses, tax, budget, etc.) and independently complete your own tax return without the need to employ external resources.
There can very often be the temptation to overcomplicate things with regard to accounting and finance, so I would like the therapist to finish the CPD knowing that they have the knowledge, tools and resources to put systems in place to make the process simple.
Course content
This CPD will cover:
- Do you need to employ an accountant?
- Information on how and when to register as self-employed and thoughts to consider for/against a Limited company.
- How to make record-keeping as simple as possible; what records do you need to keep? For how long? How to physically maintain the receipts/records. Is a separate bank account required?
- Definition of allowable expenses and information on what expenses are allowable.
- What income needs to be declared? Cash, bank transfer, income from non-client hours such as talks/workshops, etc.
- How to fill in and submit a tax return and when this needs to be completed by (currently).
- Information on how to budget for your business and the benefits of doing so.
- Overview of the Making Tax Digital quarterly assessment changes that are due to start taking place from 2026 (legal requirement). Including: requirements, practical steps you can take to prepare your business, what software you need, and when you will be affected by this.
Presenter
Rebeka Cohen-Oliver – Solution Focused Hypnotherapist & Psychotherapist
Rebeka is a CIMA-qualified Accountant (ACMA, CGMA) and also holds the HPD qualification for solution-focused hypnotherapy.
On a personal level, Rebeka likes to think she'd also bring a bit of light-heartedness to the "dull" subject! She loves accounting but likes to think of herself as a non-stereotypical accountant! She wants the CPD to feel fun but informative. She loves to share her knowledge and expertise with others, and since qualifying as a Hypnotherapist in 2022, she has been building her practice and also enjoys going out to networking groups, corporate businesses and the WI to present talks.
In addition to this, since October 2024 Rebeka is the Head of Finance for the AfSFH, so she is particularly passionate about supporting therapists in any way that she can, but particularly from a finance perspective.
Reviews
“Thank you for making tax returns less scary”
“Everything was explained in simple terms”
“It was really interesting and useful to understand the self assessment tax return and that there are only two figures HMRC are interested in!”
“It was very simple not complicated and actually finished feeling motivated and focused to get on with it”
"Really enjoyed the course, Jennifer was engaging, presented it very well and was very knowledgeable about the subject, really pleased to have attended the course" – Joe C 29 September 2025
"I really enjoyed the session. I plan to print the notes to give me a guide on what’s taxable, what’s not, as well as the examples of tax calculations and NI. I also really liked the additional topic of the benefits of having a business plan and how to create that. Jennifer was easy to learn from and welcomed questions throughout. A really useful CPD. Thanks." – Karen N 9 September 2024
Booking
This CPD is for Solution Focused Hypnotherapists, graduates of CPHT.