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
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
J. Jervis Accounting Services LTD
THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm
MJF ACCOUNTANCY LIMITED
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More
Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More
BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...See More
LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...See More
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
See More
GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...See More
Frequently asked questions
What specific tax issues do dental accountants in Llantrisant handle?
Dental accountants in Llantrisant are experienced with tax issues unique to dental practices, such as the tax treatment of associate payments, capital allowances on dental equipment, and the valuation of goodwill. They also assist with VAT on dental services, which can be complex due to exemptions and zero-rated items. Additionally, they help with Corporation Tax for incorporated practices and Self Assessment for individual practitioners, ensuring full compliance with HMRC requirements.
How can an ACCA or ICAEW accountant help my dental practice?
An ACCA or ICAEW qualified accountant brings a high level of expertise and ethical standards to your dental practice. They are trained to provide strategic financial advice, prepare accurate accounts, and ensure timely submissions to HMRC. Their knowledge of tax planning can help you reduce your tax liability legally, whilst their experience with dental practices means they understand the financial rhythms of your profession. They can also assist with practice valuations, succession planning, and improving profitability.
What should I look for when choosing an accountant for my dental practice in Llantrisant?
When choosing an accountant in Llantrisant, look for someone who specialises in the dental sector and holds a recognised qualification such as ACCA, ICAEW, or AAT. Check their experience with practices similar to yours, whether you are an associate, owner, or body corporate. Consider their communication style and availability, as you will need regular contact. Also, ask about their fee structure and what services are included, such as tax return preparation, payroll, and VAT management.
Are there any tax advantages for dentists who incorporate their practice?
Incorporating a dental practice can offer tax advantages, such as lower Corporation Tax rates compared to income tax on sole traders or partnerships. It may also allow for more flexible profit extraction through dividends and salary. However, incorporation involves additional compliance costs and potential tax on transferring goodwill. A specialist dental accountant in Llantrisant can model the financial impact for your specific situation and advise on whether incorporation is the right step for you.
How often should I meet with my dental accountant?
It is advisable to meet with your dental accountant at least twice a year, but more frequent contact can be beneficial. Many practices schedule quarterly reviews to discuss cash flow, tax planning, and any changes in HMRC regulations. Regular meetings help ensure that you are on track with your financial goals and that any issues are addressed promptly. Your accountant can also provide advice on investments, retirement planning, and practice growth between meetings.
Can an accountant help with HMRC investigations for my dental practice?
Yes, an experienced dental accountant can provide invaluable support during an HMRC investigation. They can help you gather the necessary documentation, prepare responses to HMRC queries, and represent you in communications. Their knowledge of tax law and procedures ensures that your rights are protected and that you present your case in the best possible light. Having a professional by your side can reduce stress and help achieve a favourable outcome.
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.