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Daily Archives: 18 March 2025

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Dental practices – be aware of these changes affecting staff costs from April 2025

PracticeBy Katherine Flood18 March 2025

National Insurance Contributions (NICs) Changes From 6 April 2025, the following changes to employer NICs will take effect: Due to the increase in the Employment Allowance, some smaller businesses will pay less Employers National Insurance next year For example, if you you will have no Employer’s NICs to pay. Example: Employee Annual Salary: £24,000 NICs…

Last Minute Tax Year-End Planning for Dental Professionals

Associate, Children, Limited Company, NHS, Pensions, Private, Self-employmentBy Katherine Flood18 March 2025

With the tax year ending on April 5th, now is the crucial time for dental professionals to take action to maximise their tax savings and plan effectively for the new tax year. Contribute to a pension Contributing to a pension is a tax-efficient strategy as you get immediate tax relief on the contributions, For Self…

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