Your Trusted Dental Accounting Experts
Dental Expertise
Extensive experience in the dental industry
Tailored Solutions
Tailored financial solutions for dentists
Proven Success
Proven track record of helping practices thrive
Personalised Support
Dedicated support for tax compliance and planning
Are you a Dental Associate?
Are you a Practice Owner?
Whether you’re planning to acquire your first dental practice or aiming for growth, the Tax Effective Dental Team is here to guide you every step of the way.
- Starting a Practice: Planning to own your first dental practice? We provide comprehensive advice to assess the viability of your purchase and develop an effective business plan to run a successful, profitable operation.
- Expanding Your Practice: Have ambitious growth plans? Let us help you structure your expansion efficiently while maximizing profitability and minimizing risk.
- Acquiring subsequent practices: Looking to grow your portfolio? We provide expert guidance on evaluating potential acquisitions, structuring the purchase tax-efficiently, and integrating new practices smoothly into your existing operations.
Tax-Efficient Business Structures for Dental Professionals
Setting up the right business structure is crucial for maximizing tax efficiency. Our tax specialists provide tailored advice based on your individual circumstances, including:
- Your mix of NHS and private work
- Succession and retirement goals
- Personal and business financial objectives
By creating a structure that aligns with your future ambitions, we ensure your financial affairs are optimized for growth and long-term success.
Medical and Dental Aesthetics
The growing fields of medical and dental aesthetics present unique opportunities—and financial considerations—for practitioners. From cosmetic treatments in dental practices to aesthetic clinics offering non-surgical procedures, income streams can be diverse and complex. We provide tailored accounting support to help professionals in these areas manage revenue, claim eligible business expenses, and structure their practices efficiently.
Whether you’re investing in equipment, expanding your services, or undertaking professional training, our team ensures that all allowable deductions are maximised, and compliance is maintained. This allows you to focus on delivering exceptional patient care, while we handle the financial management and planning for your aesthetic practice.
Comprehensive Accounting and Tax Compliance Services
Our team offers a full suite of accounting and tax services specifically designed for dental professionals. We help you stay compliant and financially efficient with:
- Personal Tax Advice: Tailored guidance to reduce tax liabilities
- Self-Assessment Tax Returns: Preparation and submission
- Self-Employment Advice: Understanding your obligations and opportunities
- Allowable Expenses & Capital Allowances: Maximizing deductions
- National Insurance Guidance: Clear, actionable advice
- Accounting Software Support: Assistance with selecting and using the right tools
- Bookkeeping Services: Accurate and efficient record-keeping
- Accounts Preparation: Ensuring compliance and clarity
- Management Accounts: Regular updates on financial performance
- Cash Flow Analysis: Insights to manage practice income effectively
- Payroll Services: Streamlined solutions for your team
Company Formation for New Dentists
Choosing the Right Business Structure
Advice on whether to operate as a sole trader, limited company, or partnership.
Company Registration
Assistance with all legal requirements to register your business with Companies House.
Tax Planning and Compliance
Setting up your business for maximum tax efficiency from day one.
Financial Projections
Helping you understand cash flow and profitability for your new practice.
Regulatory Guidance
Ensuring compliance with HMRC and other governing bodies.
Business Banking Setup
Support in choosing and establishing a business bank account.
Get Started Today
Let us handle the numbers so you can focus on what you do best—running your business. Contact us now to discover how our tailored accounting solutions can simplify your finances and help your company thrive.