Understanding The Dental Industry
When choosing a specialist dental accountant, you work with someone with excellent industry knowledge and experience. We understand your goals as a locum dentist and help align your finances to reach them.
Every industry is unique, and you may not operate similarly to someone in the hospitality sector. Locum dentists have particular quirks that need to be addressed, which is why it's so important to work with someone who understands.
Our accountants will work closely with you to understand how you run things, where you base your work, and what you need from us. This way, we can streamline our process and start handling your financial situation as quickly as possible.
Saves You Time
As a locum dentist, juggling multiple tasks can seem like too much. By hiring an accountant that understands your business needs, you can increase your productive time and focus on the things you do best.
More Money in the Long Run
A specialist dental accountant can actually help you save money. We know how to identify the best ways for you to save money and spot areas in your budget where you don't need to spend as much.
Complete Peace of Mind
The right accountant knows all the dental industry's tax laws and will handle everything from filling out forms to maximising your benefits. You can then focus on helping your patients.
CIS Returns & Compliance
We handle all Construction Industry Scheme obligations for contractors and subcontractors, including monthly CIS returns, verification of subcontractors and deduction statements.
Payroll for Site Workers
We manage payroll for your entire workforce, including PAYE, RTI submissions to HMRC, and ensuring all workers are correctly classified as employed or self-employed.
VAT Returns
We prepare and file your VAT returns, including the domestic reverse charge for construction services, ensuring you're always compliant with HMRC requirements.
Self Assessment Tax Returns
For sole traders and subcontractors, we complete and file your self assessment tax return, claiming all allowable expenses to minimise your tax liability.
Limited Company Accounts
We prepare and file your annual accounts and corporation tax return, advising on the most tax-efficient way to extract profits from your construction company.
Tax Planning
We provide strategic tax planning advice to help you minimise your tax liability and maximise the profits you keep from your business.
Annual Accounts
We prepare comprehensive annual accounts that meet all regulatory requirements and give you a clear picture of your business performance.
Bookkeeping
We keep your books up to date and provide regular cash flow reports so you always know exactly where your business stands financially.
Common Questions
No, we do not handle your money physically. Instead, we help you optimise the way you handle your money yourself by providing you with high-end software to help you budget and calculating the best way to pay your taxes.
Of course not. While we would love to be your main accountant, we don't have to be. You may have built a strong relationship with a previous accountant, but they don't have the specialist knowledge needed for dental practices. We will work with them and handle the dental-savvy side.
Yes. We specialise in working with locum dentists who work for themselves, which is why we can help you register for self-employment. We'll talk you through the HMRC process and submit your application.