
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

OVAL ACCOUNTANTS LTD
Your Bookkeeping, Accounting And Self Assessment Experts, Here To Bring You The Highest Standard Of Service.

SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More

TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More

Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More

Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More

APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...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

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

Central London Accountants
We are proud partners of leading software provider firm Xero, and we can help if you require Xero Accountants in London, Xero training, or need remote...See More

Cheap - Accountants
As a small business owner, your main focus is to work on your business strengths to help it grow, and you can’t just achieve it through juggling every...See More

London Accountants
We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium sized businesses. See More

Taxaccolega Chartered Accountants & Tax Advisers
As one of the brightest firms of chartered accountants in London, UK, Taxaccolega, based in Croydon, combines the passion and creative thinking of a s...See More

DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More

Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More

Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More
Frequently asked questions
What specific tax issues do accountants for dentists handle?
Accountants for dentists deal with several unique tax matters, including the correct treatment of associate income, practice premises costs, and equipment allowances. They also manage VAT on mixed supplies, such as exempt orthodontic work and taxable cosmetic treatments. Additionally, they prepare accurate Self Assessment returns and ensure you claim all allowable expenses, such as professional indemnity insurance and continuing education costs.
How can an ACCA or ICAEW qualified accountant help my dental practice?
An ACCA or ICAEW qualified accountant brings a high level of technical expertise and ethical standards to your practice. They are trained to handle complex financial regulations, including HMRC compliance checks and Corporation Tax planning. Their qualifications ensure they stay up to date with changing legislation, allowing them to offer strategic advice on practice growth, profit extraction, and succession planning.
Why is VAT planning important for a dental business?
VAT planning is critical because dental services are often a mix of exempt and taxable supplies. For example, routine check-ups are usually exempt, whilst cosmetic procedures may attract VAT. A specialist accountant will help you correctly apportion input tax and ensure your records meet HMRC requirements. This prevents costly errors and ensures you are not overpaying or underpaying VAT.
What should I look for when choosing an accountant for my dental practice?
When choosing an accountant, look for someone with demonstrable experience in the dental sector, ideally with a portfolio of similar clients. Check their qualifications, such as ACCA, ICAEW, or AAT membership, and confirm they are registered with a professional body. You should also consider their communication style, availability, and whether they offer proactive advice on practice finances.
How does an accountant assist with HMRC investigations?
If HMRC opens an investigation into your tax affairs, an accountant will act as your representative and manage all correspondence. They will prepare the necessary documentation, explain your position clearly, and negotiate on your behalf to resolve the matter efficiently. Their expertise ensures that you understand your rights and obligations, reducing the stress and potential financial impact of an inquiry.
Can an accountant help with practice valuation and sale?
Yes, an accountant can provide a realistic valuation of your dental practice based on earnings, assets, and goodwill. They will prepare financial statements that present your business in the best light to potential buyers. Additionally, they can advise on the tax implications of a sale, including Capital Gains Tax reliefs, and help structure the transaction to maximise your net proceeds.
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