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Dental

The financial issues affecting dentistry are continually changing and we can advise on their impact on you. These include deciding whether to trade as a sole practitioner, partnership, by using expense-sharing arrangements, or as a limited company. You may also need to consider the value of goodwill when buying or selling a practice, the best way to bring in new partners and whether using spouses could help minimise your tax liabilities.

We will review and minimise your tax liabilities by ensuring you are claiming maximum expenses, including the best way of dealing with a car.

We can also advise on employment status for hygienists, dental technicians and associates; what capital allowances can be claimed when refurbishing a surgery and whether any assets should be integral features. You may also need to consider the merits of private versus NHS income, and other options to maximise your profitability.

For more information or to arrange a free initial consultation, contact Suzie Gill on gill@perry-company.co.uk

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