
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

MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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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

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

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

Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
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City Tax London
City Tax London provides unparalleled personalized accounting services and th...

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

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

Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...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

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

Startup Accountants
Our startup accountants London operate with a specific approach to keep your business afloat. Gradually positioning it where you have dreamt it to be....See More

" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More

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

1ST FORMATIONS LIMITED
1st Formations is a leading online company formation agent in the UK. We offer a comprehensive selection of company registration packages and address ...See More

KAAB
BUSINESS ADVISORY-Would you like to see how i can help to improve your profit, your cashflow and the value of your business value?
We want you to i...See More
Frequently asked questions
What specific services do accountants for dentists typically provide?
Accountants for dentists typically provide a range of services including preparation of annual accounts, Self Assessment tax returns, VAT returns, and payroll management. They also offer strategic tax planning, advice on practice acquisitions or sales, and guidance on pension contributions. Many also assist with HMRC investigations and provide ongoing financial support to ensure your practice remains compliant and profitable.
Why is it important for a dentist to use a specialist accountant?
A specialist accountant understands the unique financial landscape of dental practices, including the mix of NHS and private income, associate agreements, and equipment depreciation. They can identify tax deductions specific to dentistry, such as professional indemnity insurance and courses. This expertise ensures you pay no more tax than necessary and receive advice tailored to your professional circumstances.
How can I verify that an accountant is properly qualified?
You can verify an accountant's qualifications by checking if they are a member of a recognised professional body such as ACCA, ICAEW, or AAT. These bodies have strict entry requirements and ongoing continuing professional development. You can also check the register on their respective websites or ask the accountant directly for their membership number and evidence of their regulated status.
What should I look for when comparing accountants for my dental practice?
When comparing accountants, consider their experience with dental clients, their location, and the range of services they offer. Look for someone who is proactive in communication and who can provide clear advice on tax planning and practice growth. It is also wise to check reviews and ask for references from other dental professionals to ensure the accountant is a good fit for your needs.
How often should I meet with my accountant to review my practice finances?
It is advisable to meet with your accountant at least twice a year, but more frequent meetings can be beneficial, especially during periods of change such as practice expansion or staff recruitment. Regular contact ensures that your tax planning is up to date and that you are aware of any changes in legislation that might affect your practice. Your accountant can also help you monitor your cash flow and profitability.
Can an accountant help me with HMRC investigations or tax disputes?
Yes, a qualified accountant can provide invaluable support during an HMRC investigation or tax dispute. They can handle all correspondence with HMRC on your behalf, prepare the necessary documentation, and represent you at meetings. Their expertise ensures that your rights are protected and that you have the best possible chance of a favourable outcome. This support can significantly reduce the stress and time involved in such situations.
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