Accounting for dentists

Is your dental practice as efficient, easy and profitable as you’d like? Let’s see if we can make you smile.

Dentists face unique challenges, opportunities and costs. That’s why our dedicated team offer accountancy and advice rooted in a deep understanding of the industry. With over 25 years’ experience, we act for over 1000 dental professionals and practices across the UK, providing a partner-led service that is tailored to the needs of our dental clients. Our Joint Heads of Dental, Roy Hogg and Vanessa Pople are proud members of NASDAL (National Association of Specialist Dental Accountants and Lawyers). Roy Hogg, based in our Stirling office, is the Scottish Chairman of NASDAL and Vanessa Pople, based in Bicester, is also a member of ASPD (Association of Specialist Providers to Dentists). We regularly speak at seminars and contribute to articles on financial matters affecting dentists.

As well as dealing with compliance-based services such as the preparation of accounts and tax returns, we provide additional support services and information to help you better understand your financial figures and minimise potential tax liabilities. We also create regular sector updates and provide annual benchmark reports on how the finances of your practice compares with the averages of others.

We are platinum partners for all leading cloud software solution providers in the UK and use the latest technology to deliver services bespoke to you, both digitally and at your door. The dental team operates from all our offices, providing local support wherever you might be based. We agree a fixed fee up front and can spread the cost over a year by monthly direct debit.

So, whatever your size, location or ambitions, we will tailor our services to your practice - with the ultimate aim of lessening your operational burden, giving you peace of mind and helping you to achieve your business goals.

Our specialist services for dentists include:

• Advice on the acquisition or disposal of a Practice - supporting the process from offer to completion:
  • Comprehensive network of dental specialist, valuers, CQC consultants
  • Healthcare specialist lenders including mainstream banks
  • Financial and tax due diligence
  • Preparation of completion accounts and net asset statements

• Review of existing trading status for incorporation appropriate to both Principals and Associates:
  • A detailed report to inform your decision around incorporation
  • Implementation and income withdrawal planning

• Advice on partnership formation and dissolution including: -
  • Practice mergers
  • Partnership agreements, shareholder agreements and expense sharing agreements
  • Mediation and support where business relationships have broken down
  • Litigation support

• Tax planning and compliance for companies, partnerships and individuals including utilisation of approved tax planning vehicles to mitigate future tax exposure