
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

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

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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...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
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...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

Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More

C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
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

GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...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

MJF ACCOUNTANCY LIMITED

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

Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.

Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More

MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More
Frequently asked questions
What specific tax issues do accountants for dentists handle?
Accountants for dentists are well-versed in the unique tax issues that dental professionals face, including the treatment of associate income, practice goodwill, and equipment leases. They also manage VAT on dental services and products, which can be complex due to exemptions and zero-rating rules. Additionally, they help with Self Assessment tax returns, Corporation Tax for limited companies, and capital allowances on dental equipment, ensuring full compliance with HMRC requirements.
How can an ACCA or ICAEW accountant benefit my dental practice?
An ACCA or ICAEW accountant brings a high level of expertise and ethical standards to your dental practice. They are trained to handle complex financial matters, including tax planning, payroll, and business structuring. Their professional accreditation ensures they stay up-to-date with the latest tax laws and HMRC regulations. This means you receive accurate advice that can help you minimise tax liabilities, improve cash flow, and make informed decisions for the growth of your practice.
What should I look for when choosing an accountant for my dental practice?
When choosing an accountant for your dental practice, look for someone with specific experience in the dental sector. They should understand the financial challenges you face, such as managing associate payments and navigating VAT rules. Check their qualifications, such as ACCA, ICAEW, or AAT membership, and ask about their familiarity with HMRC digital tax requirements. It is also beneficial to find an accountant who offers proactive advice and is accessible for regular consultations.
Can accountants for dentists help with VAT planning and compliance?
Yes, accountants for dentists are skilled in VAT planning and compliance. Dental services are generally exempt from VAT, but there are exceptions, such as certain cosmetic procedures and products. An experienced accountant will help you determine your VAT position, manage partial exemption calculations, and ensure you submit accurate VAT returns to HMRC. They can also advise on whether to register for VAT voluntarily and how to structure your pricing to remain competitive.
How often should I meet with my accountant to review my practice finances?
It is advisable to meet with your accountant at least quarterly to review your practice finances. Regular meetings allow you to monitor cash flow, discuss tax planning opportunities, and address any emerging issues before they become problematic. Your accountant can provide valuable insights into your practice's performance and help you set financial goals. During tax season, more frequent communication may be necessary to ensure all deadlines are met and your tax return is accurate.
What is the difference between an accountant and a tax advisor for dentists?
An accountant typically provides a broader range of services, including bookkeeping, financial statements, payroll, and tax preparation. A tax advisor specialises specifically in tax planning and strategy, helping you minimise your tax burden through legal means. Many accountants are also qualified tax advisors, but it is important to confirm their expertise. For a dental practice, having both skills in one professional can be convenient, as they can integrate tax planning with your overall financial management.
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