
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

BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More

KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More

MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...

MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More

SJD ACCOUNTANCY LIMITED
SJD Accountancy is the UK’s largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers; we’ve been ...See More

MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More

Yourtaxhelp
Our motto is “Accountants and Tax Advisers with simple technology”. We will not stop being innovative or using cutting edge technology to help you out...See More

Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More

ION Chartered Accountant
ION Chartered Accountants are a boutique accountancy and consulting practice that supports small and medium enterprises in a wide range of business se...See More

Clear House Accountants
Clear House Accountants are Performance-driven Business Accountants in London. We are Chartered Accountants focused on helping startups and small bus...See More

EXPEDIENT ACCOUNTANCY
Expedient Accountancy Limited provides a wide range of expert accounting services. We are a partnership of 3 Chartered Certified Accountants with more...See More

MADE SIMPLE GROUP LIMITED
Founded in 2003, we've formed over 1 million companies and helped thousands of business owners start, run and grow their business. We help you form ...See More

GOFORMA LIMITED
GoForma is a trusted team of accountants in UK, helping contractors, freelancers, sole&...

TIDE PLATFORM LTD
Tide is about doing what you love We believe the world would be a better place if more people gave it a shot. It’s why we’re building a modern busin...See More

Persona Finance
Persona Finance is a London accounting company with an office at 63/66 Hatton Garden in London. Due to the lock-down, we are happy to provide ou...See More

Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
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Frequently asked questions
What specific tax issues do dentists face that a specialist accountant can help with?
Dentists often have mixed income from NHS and private work, which requires careful tax planning. Specialist accountants understand the unique rules around practice goodwill, equipment capital allowances, and associate status. They can help structure your finances to minimise tax liabilities whilst ensuring full compliance with HMRC requirements. This expertise is invaluable for avoiding costly errors.
How can an ACCA or ICAEW qualified accountant benefit my dental practice?
ACCA and ICAEW qualified accountants have undergone rigorous training and must maintain their skills through continuing professional development. This ensures they are up to date with the latest tax legislation and accounting standards. For your dental practice, this means accurate financial reporting, proactive tax advice, and reliable support during any HMRC investigation or audit.
What should I look for when choosing an accountant for my dental surgery?
Look for someone who has experience working with dental practices and understands the specific financial challenges you face. Check their qualifications, such as ACCA, ICAEW, or AAT membership, and ask about their experience with HMRC and tax returns. It is also important to find an accountant who communicates clearly and is proactive in offering advice.
Can an accountant help me with VAT on dental equipment and supplies?
Yes, a specialist accountant can advise on VAT rules that apply to dental equipment and supplies. Some items may be zero-rated or exempt, and the rules can be complex. Your accountant will ensure you are not overpaying VAT and that your records are accurate. They can also help with partial exemption calculations if your practice makes both taxable and exempt supplies.
How often should I meet with my accountant to keep my practice finances in order?
It is advisable to meet with your accountant at least twice a year, but more frequent contact can be beneficial. Regular meetings help you stay on top of cash flow, tax planning, and any changes in legislation. Many practices also schedule quarterly reviews to ensure that their financial position is always clear and that any issues are addressed promptly.
What is the difference between a tax return and a Self Assessment for a dentist?
A Self Assessment is the system HMRC uses to collect tax on income that is not taxed at source, such as earnings from private practice. A tax return is the form you complete each year to declare your income and claim deductions. Your accountant will prepare and submit this return on your behalf, ensuring that all figures are correct and that you meet the filing deadline.
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