Incorporating a Dental Practice: Why “Tax Savings” Aren’t as Simple as They Sound For dental partners, sole traders, and the advisers who support them For dental partners, sole traders, and the advisers who support them, incorporation is often presented as a straightforward way to reduce tax. The logic seems simple: a limited company pays Corporation…
Dental partnership accounting and pension tax planning using the cash basis A real‑world example of how accounting method choice can prevent unnecessary pension tax charges Introduction We were recently introduced to a dental partnership by a financial adviser after the dentists became concerned that they had been hit with an unexpected tax charge on their…
Looking for electric car grants for dentists? This 2026 guide for for our dental customers explains the main government grants for dental practice owners and associates, including home and workplace charging. For dentists, whether you’re an associate or practice owner commuting between practices and home, the financial incentives have never been stronger. Government grants can…
Companies House fee increases – here’s what you actually need to know Not so long ago, Companies House fees were fairly small and easy to overlook. Fast‑forward to today and they’ve gone up by around 350% on average since 2024, turning basic company admin into a real, ongoing cost. With more increases landing in February…
HMRC App Self Assessment payment: The HMRC App is now our recommended way to check your tax balance, stay connected with HMRC, and make your Self Assessment payment quickly and securely. The HMRC App — Our Recommended Way to Pay The HMRC App is the easiest way to manage your tax. It gives you instant…
Headings match the order of Full Self Employment Tax Return pages (SA103F). If you have an income of under £85k, you can claim the total of your expenses with no analysis in box 20 on the Short Self Employment Tax Return pages (SA103S). Relevant for the tax year ended 5th April 2025 *Whilst the expenses…
To comply with Companies House requirements for new identity checks, we have prepared this short 5-minute introduction to explain the purpose and our method of the new ID verification process for directors and shareholders. Amazing, the video only took 5 minutes to prepare using AI. It’s currently only available in an American accent. Link to…
The Autumn Budget 2025 introduced a range of tax and financial changes that will impact dental practices and professionals. Here are the 8 key points you need to know – plus practical action tips to help you stay ahead. 1. Electric Car Allowance Extended The 100% First Year Allowance for new zero-emission cars has been…
The Chancellor’s Budget this year may not have headline tax hikes, but the details matter especially for dental professionals. From frozen allowances to changes in dividends, pensions, property taxes, and business rates, here’s what you need to know. 1. Personal Allowances Frozen Until 2031 Originally due to unfreeze in 2028, personal allowances will now remain…
Today’s Budget is one of the most anticipated in recent years. While the headlines promise “no major tax rises”, the reality is more nuanced. The government faces a £30 billion fiscal gap, and with income tax, VAT, and National Insurance rates politically off-limits, expect a raft of smaller, targeted changes that could significantly affect dental…