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Yearly Archives: 2024

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associate dentist tax investigation

How long do I keep accounting receipts for?

Associate, Blog, Practice, Taxes ManagementBy Nathan Holmes7 February 2024

We have an Associate Dentist joining us as a new customer. This follows a rather stressful HMRC investigation into five years of their previous expenses. Unfortunately for the associate, they had failed to keep accounting receipts as evidence of their associate payments, and HMRC disallowed several expenses upon which they had claimed a tax deduction.…

NHS maternity pay

Can associate dentists have NHS maternity pay if they have a limited company?

Associate, Blog, Employed Dentists, Limited Company, NHS, Pensions, Self-employmentBy Nathan Holmes6 February 2024

One of my self-employed associate dentist customers who is planning to start a family this year told me yesterday she is preparing to leave the NHS pension and form a limited company. She had assumed she would get the NHS maternity pay if she had a limited company. This was incorrect. If you leave the…

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