What dentists need to know If you’re a dentist operating through a limited company, HMRC allows pension advice for dentists with a limited company to pay for up to £500 per tax year of qualifying pension advice for you as a director without any personal tax or National Insurance being charged. This is a legitimate…
Quick answer for busy dentists (the short version) If you run a limited company, an electric car is usually far more tax‑efficient than petrol or diesel because: For most dentist‑directors, switching to a company electric car can save thousands of pounds over the life of the car. The rest of this guide shows you exactly…
Dentist‑focused guide to UK electric car and EV charging grants for 2026–27. Updated April 2026. Home and workplace charging grants now £500 per socket.
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…
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…
Lately, I’ve noticed a clear trend: more dentists are switching to Capital on Tap for their business credit card. And honestly? I can see exactly why. I helped one of our dentists switch over this month, and it reminded me just how simple and beneficial it can be when you know what to expect. So…
Tax-free relocation allowance for Associate Dentists Suppose you’re moving house to take up a new associate position or to start your squat dental practice. In that case, you may be able to claim up to £8,000 of tax-free relocation expenses — but only if you’re working through your own limited company. This guide explains who…
Suppose you run a one-person limited company and follow the suggested tax-efficient strategy of paying yourself a director’s salary to match your Tax-Free Allowance, and take any other cash from the company as dividends. You must be aware of a crucial change announced in the 2024 budget that has significantly increased your national insurance bill. …
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…
Understanding whether Company Pension Contributions are Tax Deductible for Family Members can be an excellent way for company owners to save for retirement while reducing corporation tax—but only if done correctly. A customer recently asked us whether a £60,000 and £40,000 pension contribution for himself and his wife, the directors, would be fully deductible. The…