Tax Planning For Dentists

Startup Programme

Dental Tax Advice

Our team at Samera has extensive experience in offering a whole array of tax planning for dentists and their businesses.

  • From basic tax planning to complicated tax investigations, it is imperative you have a team not only well versed in tax laws but also understand the Dental sector.
  • We have extensive experience in understanding your needs and then planning and implementing a solution to meet your needs.

You can find out more about tax saving strategies for dentists here.

Areas we can usually identify tax savings include:

  • Structuring payroll for Directors
  • Profit extraction planning
  • Use of assets, i.e., company car and capital allowances
  • Claimable expenses
  • Company restructuring
  • Dividend planning
  • Future growth prospects
  • Succession planning
  • Anything specific related to the shareholding and matters of interest

Dental Practice Tax Planning

Most Dentists have asked the question: Self Employed or Limited Liability?

As a firm with extensive experience in incorporating Dental Practices, we have built up much experience in this area. Sole traders, partnerships and expense sharing arrangements can all be incorporated, but it is so important this is done right first time, else considerable problems can manifest later on.

If you feel need an expert in this area (which we strongly suggest) please get in touch with us!

Dental Incorporation Overview

As of the 31st July 2006 new legal reforms have allowed dental practices to incorporate and begin trading as limited companies. The majority of the company directors must be registered with the GDC as dentists or dental care professionals.

Accountancy goes the extra mile to solve your problems. Overall Samera is a fantastic team, and always had a good experience every time I reached them.

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Possible Tax Savings

There are both advantages and disadvantages to the incorporation of your dental practice and you should consider all options carefully.

There may be considerable tax savings but not necessarily in all cases, and these are offset by the costs of added bureaucracy, professional fees and start-up costs.

For high rate taxpayers, incorporation could have considerable savings for dentists.


The GDC will allow associates to practice through a limited company, however, associates cannot benefit from goodwill when the company is set up and it is possible that HM Revenue & Customs could invoke some penal tax rules to take away any potential tax savings from Dental Associate Limited Companies.

We would recommend that associates carefully consider all the risks before trading as a limited company. In addition, before you consider incorporating your Associate business, you will need to consider your pension arrangements, as the NHS now won’t pay NHS pensions to those Associates that may have incorporated into a Limited Company.

What to do next

Incorporation is not for everyone. It would be prudent to evaluate all the pro’s and cons of incorporation before you decide to incorporate.

Therefore, we would strongly recommend we carry out a thorough feasibility study based on your individual circumstances. We stress this is an essential part of the process in order to determine whether trading as a limited company is the right choice for you.

Professional Fee Protection

Samera offers a professional fee protection service to our clients.

In the event of a tax investigation, we offer an insurance policy for our clients to take out to cover our fees. Please get in touch with us for details.

Dental Accounts & Tax Specialists

As dental practice owners ourselves, we know what makes a clinic tick. We have been working with dentists for over 20 years to help manage their accounts and tax.

Whether you’re a dental associate, run your own practice or own a dental group and are looking to save time, money and effort on your accounts and tax then we want to hear from you. Our digital platform takes the hassle and the paperwork out of accounts.

To find out more about how you can save time, money and effort on your accounts and tax when you automate your finances with Samera, book a free consultation with one of our accounting team today.

Dental Accounts & Tax: Further Information

For more articles, webinars and blogs on dental accounts check out the dental accountancy section of our Learning Centre and follow us on YouTube, Facebook and Instagram.