Dental Accountants
Looking for an Accountant who understands the pain of doing taxes for Dentists?
Tax returns shouldn’t be painful - We are here to clean your books
Accountants for the dental sector are specialised professionals who provide accounting and financial services to dentists, dental practices, and other related businesses in the dental industry. Their expertise in dental accounting helps ensure that the financial aspects of a dental practice are organised, efficient, and legally compliant.
With a clear understanding of your business, we are able to quickly recognise the issues at hand and take care of all your needs, allowing you to focus on the most important thing – your patients.
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If you are a:
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Newly qualified dentist
Associate
Principal
Partnership
Incorporated practice
Dental body corporate
Employed dentist, consultant or specialist including orthodontist or oral surgeon
Self employed hygienist, therapist or dental nurse
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then we can help you. Some of the services that accountants for the dental sector offer include:
1. Bookkeeping: Recording and tracking income and expenses of dentists and dental practice.
2. Tax planning and preparation: Preparing tax returns, minimising tax liabilities, and providing tax advice to Dentists and dental practices.
3. Payroll: Managing payroll and ensuring compliance with payroll laws and regulations.
4. Financial statement preparation: Preparing and presenting financial statements to help dentists understand their financial performance.
5. Cash flow management: Helping dental practices manage cash flow and budgeting to ensure that they have enough funds to cover expenses and investments.
6. Practice valuation: Conducting valuations of dental practices to determine their worth in the case of a sale, merger, or acquisition.
7. Compliance: Ensuring compliance with accounting and tax regulations, as well as providing advice on how to structure the dental practice in a way that minimises tax liabilities and maximises profits.
8. In addition to these services, accountants for the health sector may also provide specialised knowledge and advice on issues such as NHS contracts, the CQC (Care Quality Commission) regulatory framework, and reimbursement models.
Overall, accountants for the dental sector provide a range of valuable services that help dental practices manage their finances effectively, maximise profits, and comply with regulatory requirements.