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
EFJ CONSULTING LTD
We are the firm of Chartered Certified Accountants based in London. We provide professional and practical help with all aspects of accountancy and tax...See More
AWS ACCOUNTANTS (LONDON) LLP
SARA COOPERS ACCOUNTANTS LTD
About Sara Coopers Whatever business you are in; you owe it to yourself to find an accountancy service that operates for your benefit – not the taxma...See More
MONEYTREE FINANCIAL LTD
Moneytree Financials' focus is to provide clients with useful, relevant and meaningful services aimed at supporting and guiding your business as it mo...See More
MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies
TaxAssist Accountants
About TaxAssist Accountants Barking At TaxAssist Accountants, we provide a personal and professional accounting service tailored to you. We help star...See More
Rochvilles & Co Accountants Ltd
Welcome to the Rochvilles & Company website. We are glad that you make the time and effort to visit us. The website has being designed to provide you ...See More
Southall Accountants
We are the only accountants in the city who are dedicated to groom your business for growth. If you are a business owner, who is putting in the hard w...See More
KHAWAR & CO LTD
Khawar & Co Ltd is an active company located in London, Greater London. We are specialist accountancy firm, ready to help you with different accountan...See More
Accounting Made Simple
Accounting Made Simple is a tech-savvy accountancy and bookkeeping organization located in London which assists clients to ru...See More
Owadally & Kings Partnership
At O&K we aspire to be one of the most forward thinking accountancy firms in Croydon. Our dedicated in-house team, and external specialists, based in ...See More
Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Cruse + Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Future Formations Ltd
Future Formations is the new generation of forming companies; we have an expert team on hand to help you take the first step towards your future. Ba...See More
Frequently asked questions
What specific tax issues do Accountants For Dentists handle?
Accountants For Dentists specialise in tax issues unique to the dental profession, including the taxation of practice income, capital allowances for dental equipment, and the correct treatment of associate versus principal earnings. They also manage VAT on dental services, which can be complex due to exemptions and zero-rated items. Their expertise ensures that all tax returns are accurate and that you claim every available relief, whilst staying compliant with HMRC requirements.
Why should a dentist choose an ACCA or ICAEW qualified accountant?
Choosing an ACCA or ICAEW qualified accountant provides assurance of professional competence and ethical standards. These qualifications require rigorous training and ongoing development, ensuring that the accountant stays current with tax law and financial regulations. For dentists, this means receiving advice that is both technically accurate and practically relevant, whether for practice management, tax planning, or financial reporting. It also offers peace of mind that your affairs are in capable hands.
How can an accountant help with my dental practice's VAT obligations?
Dental services are generally exempt from VAT, but there are exceptions, such as cosmetic treatments that may be standard-rated. An accountant specialising in dentistry can analyse your income streams to determine the correct VAT treatment, manage your VAT registration, and prepare quarterly returns. They will also advise on partial exemption calculations if you provide both exempt and taxable services, ensuring that you comply with HMRC rules and avoid penalties.
What is the difference between an associate and a practice owner for tax purposes?
An associate dentist is typically self-employed and pays tax through Self Assessment, whereas a practice owner may operate through a limited company, leading to Corporation Tax and PAYE responsibilities. An accountant can help you decide which structure is most tax-efficient for your circumstances, manage the transition between roles, and ensure that all income is correctly reported. This tailored advice is essential for minimising your tax liability whilst remaining compliant.
Can Accountants For Dentists help with practice valuations and sales?
Yes, Accountants For Dentists often provide valuation services for dental practices, considering factors such as goodwill, equipment, and patient lists. They can prepare financial statements for potential buyers, assist with due diligence, and structure the sale to minimise tax liabilities, such as Capital Gains Tax. Their expertise ensures that you receive a fair valuation and that the transaction is completed smoothly, protecting your financial interests throughout the process.
How often should I meet with my accountant to review my practice finances?
It is advisable to meet with your accountant at least twice a year, but more frequent meetings may be beneficial, especially during periods of change or growth. Regular reviews allow you to monitor cash flow, plan for tax payments, and adjust your financial strategy as needed. Your accountant can also provide proactive advice on new regulations or opportunities, ensuring that your practice remains financially healthy and compliant with all relevant laws.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.