Dental partnership accounting and pension tax planning using the cash basis Cash basis pension tapering for dentists is an increasingly common issue, particularly where one‑off profit spikes push adjusted income above the Annual Allowance thresholds This example shows how cash basis pension tapering for dentists is driven by timing, accounting method, and NHS clawback treatment.…
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…
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…
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…
Making Tax Digital for self employed dentists is one of the biggest changes to personal tax reporting since self‑assessment was introduced. For self employed dentists, Making Tax Digital for Income Tax (MTD) will change how income is reported, how often records are updated, and the systems used to comply. From 6 April 2026, if your…