
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More

Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...See More

Capital Accountancy - Accountants & Tax Advisors
WE at CAPITAL ACCOUNTANCY specialises in helping small-to-medium sized businesses, sole traders, contractors and landlords. We make sure you pay the r...See More

Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More

Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...

Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
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Raven Solution
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AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
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FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More

T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...See More

Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More

Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More

MRC Accounting Services
Providing accounting services and solutions

Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...See More

ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions

SAFEBOOKS4U BOOKKEEPING SERVICES
For all Your Bookkeeping Needs Safebooks4u specializes in a variety of bookkeeping services with outstanding support. We understand how busy you are,...See More
Frequently asked questions
What specific tax issues do accountants for dentists handle?
Accountants for dentists manage unique tax issues such as the taxation of associate income, capital allowances on dental equipment, and the treatment of practice goodwill. They also advise on the most tax-efficient structure for your practice, whether as a sole trader, partnership, or limited company. Their expertise ensures you comply with HMRC regulations whilst minimising your tax liability.
How can an ACCA or ICAEW accountant benefit my dental practice?
An ACCA or ICAEW qualified accountant brings rigorous professional standards and up-to-date knowledge of tax law. They can help with accurate financial reporting, strategic tax planning, and compliance with HMRC requirements. Their training ensures they can handle complex matters like VAT, payroll, and Corporation Tax, giving you confidence that your practice finances are managed correctly.
What should I look for when choosing an accountant for my dental practice?
When choosing an accountant, look for someone with experience in the dental sector, relevant qualifications such as ACCA, ICAEW, or AAT, and a proactive approach to tax planning. Check that they offer services like Self Assessment, VAT returns, and payroll. It is also wise to consider their communication style and whether they provide regular financial reviews.
How often should I meet with my dental accountant?
You should meet with your dental accountant at least twice a year, but more frequent meetings are often beneficial. A quarterly review helps with cash flow management, tax planning, and adjusting to any changes in your practice. Regular contact ensures that you are always prepared for tax deadlines and can take advantage of any tax-saving opportunities.
Can an accountant help with VAT for my dental practice?
Yes, an accountant can help with VAT registration, completing VAT returns, and advising on the correct treatment of exempt and taxable supplies. Dental services are generally exempt from VAT, but there are exceptions, such as certain cosmetic procedures. A specialist accountant will ensure you are not overpaying or underpaying VAT and that you meet all HMRC obligations.
What records do I need to keep for my dental accountant?
You should keep records of all income and expenses, including patient fees, associate payments, equipment purchases, and practice overheads. Also retain bank statements, receipts, and any loan or lease agreements. Your accountant will need these to prepare accurate accounts and tax returns. Using accounting software can simplify this process and ensure your records are HMRC compliant.
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