We assist GP practices, private clinics, health charities and more. If you’re not sure whether we offer services in your sector, get in touch. We have 2,000 advisors with diverse expertise so we can likely support you.

Yes, dental practices in the UK are subject to taxes like VAT and corporation tax, with obligations differing based on whether they are private or NHS-affiliated.

• VAT: According to the VAT Act 1994, dental services that focus on maintaining or restoring oral health are exempt from VAT but cosmetic treatments like teeth whitening or veneers are taxed at 20%. Most NHS dentists don’t pay VAT because they don’t provide cosmetic treatments.
• Corporation tax: Under the Corporation Tax Act 2010, limited companies pay up to 25% corporation tax. Tax relief options like capital allowances and R&D credits make tax planning important for dentists.
• Income tax and National Insurance: Self-employed dentists must file income tax returns and pay National Insurance contributions legally.

If you have questions about how much tax you should be paying, contact our team for dentist tax advice. We can help you with our specialist tax planning services.

Our services are designed to help your financial operations run smoothly. Some of our services include:

• Accounts
• Bookkeeping
• Payroll management
• Specialist tax services for dentists

We also provide auditing to ensure your financial records are accurate and compliant. If you require specialised support, we offer bespoke services like R&D and cloud accounting to keep your practice agile and forward-thinking. If you’re not sure whether we can offer the support you need, ask us.

Dental practices have various financial responsibilities. Our accountants can help manage the following:

• Dental supplies and equipment: We can help you implement efficient tracking and cost control.
• Operational costs: This can be everything from IT and utilities to maintenance costs.
• Salaries and benefits: Payroll for dentists can be tricky to navigate with the mix of employed and self-employed dentists. We’ll manage your payroll for dental and administrative staff.
• Insurance: We can help you safeguard your practice with the right insurance coverages including liability and indemnity insurance.

By gaining transparency over your financial activities, you can better plan for future success.

Here’s what to expect when you choose a Xeinadin accountant:

1. Schedule a meeting with us to discuss your financial goals and requirements.
2. We’ll take the time to understand your situation and offer tailored service recommendations, along with a transparent quote.
3. After your approval, we’ll dive deep into your financials, requesting access to your financial statements and existing systems.
4. Next, we’ll arrange a kick-off meeting to introduce your dedicated team. This is your chance to ask questions before we outline the upcoming steps.
5. With the setup complete, we’ll focus on any urgent tasks and begin delivering our services. Our team will stay in close contact, adjusting support as your needs change.