
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

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

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
Frequently asked questions
What specific tax issues do accountants for dentists in Greater London handle?
Specialist accountants for dentists manage unique issues such as the taxation of practice income, claiming capital allowances on dental equipment and surgery renovations, and handling the mixed tax treatment of associates versus principals. They also advise on pension contributions, national insurance for partners, and ensuring compliance with HMRC's Making Tax Digital requirements for VAT-registered practices.
How can I verify that an accountant is properly qualified?
You can check for membership with recognised professional bodies such as ACCA, ICAEW, or AAT. These organisations require rigorous exams and ongoing professional development. On AccountingFirms, every listed accountant is verified as holding a valid practising certificate, giving you confidence in their expertise and ethical standards.
What is the difference between an accountant and a bookkeeper for my dental practice?
A bookkeeper typically records daily financial transactions, manages invoices, and prepares basic reports. An accountant, however, provides higher-level services including tax planning, preparing statutory accounts, submitting tax returns to HMRC, and offering strategic advice on practice growth and profitability. Many dental practices benefit from using both, but an accountant is essential for compliance and tax optimisation.
How often should I meet with my specialist dental accountant?
It is advisable to meet at least twice a year, but more frequent contact can be beneficial. A good accountant will be available for ad hoc queries and will proactively review your financial position before key deadlines, such as the 31 January Self Assessment deadline. Regular meetings help ensure you are not missing tax-saving opportunities and that your practice remains financially healthy.
Can an accountant help me with a tax investigation from HMRC?
Yes, a qualified accountant with experience in dental practices can provide invaluable support during an HMRC investigation. They will handle communications with HMRC, prepare the necessary evidence, and ensure your tax returns are accurate and defensible. Their knowledge of dental practice finances helps them identify potential issues and present your case effectively, reducing stress and potential penalties.
What should I look for when choosing an accountant for my dental practice?
Look for an accountant who specialises in the dental sector, holds a recognised qualification like ACCA or ICAEW, and has experience with practices similar to yours. Check their fees, responsiveness, and whether they offer proactive advice. Also, consider their familiarity with HMRC digital services and their ability to support your specific practice structure, whether you are a sole trader, partnership, or limited company.
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