Expert Financial & Tax Advisory for Dentists
At Vision Accounting, we understand that dentistry is more than a profession - it's a complex business with unique financial pressures. Whether you're an associate, a practice owner, or a specialist in the field, our tailored tax and financial planning services are designed to support your success at every stage.
We don't just process your numbers - we help you make sense of them. From understanding NHS pension rules to navigating incorporation decisions, we bring clarity, strategy, and confidence to your finances.
The Financial Challenges Dentists Face
Dentists operate in a world where clinical precision meets business complexity. Common concerns we help address include:
- Incorporation confusion – Is it worth it? We assess if it's right for you.
- Buying a car for work – Lease, hire purchase or contract hire? Let's compare.
- Planning for retirement – NHS pensions, private plans, and long-term tax savings.
- Associate pay structures – Fair, compliant, and future-proof.
- Compass/ARR anomalies – We untangle NHS payment discrepancies.
- Poor record-keeping – We'll put a system in place that works.
- Acquiring a practice – From funding to contracts, we'll guide every step.
- Claiming for courses & CPD – Maximise relief, minimise tax.
- Missed SFE deadlines – We'll help you stay compliant and avoid penalties.
- Incorrect tax claims – We correct what others may have missed or misfiled.
- Contracts outside your company – Ensuring income is properly structured.
Whether you're one year into your career or managing multiple practices, we tailor our advice to meet your needs.
Trusted by the Dental Community
We work with a wide range of professionals in the dental field:
Specialist Dentists:
- Periodontists
- Orthodontists
- Endodontists
- Oral Surgeons
Dental Support Roles:
- Hygienists
- Dental Therapists
- Orthodontic Therapists
- Lab Technicians
Each role brings unique income streams, responsibilities, and tax challenges. We know the landscape - and how to make it work for you.
How We Help You Thrive
Our dental clients rely on us for more than just compliance. We provide smart, actionable advice that drives results:
- NHS & Private Income Planning – Capitation, fee-per-item, or fully private? We help you plan effectively.
- NHS Pension & Superannuation – Know your benefits, and how they fit into your wider strategy.
- Practice Purchase Support – Financing, due diligence, structuring, and contract review.
- Buy-to-Let Advisory – Many dentists invest in property. We help you optimise.
- Bidding & Tendering Guidance – Secure opportunities and expand confidently.
- Tax & Business Structuring – Reduce liabilities and protect your wealth.
- Associate & Partnership Agreements – Legal clarity, strong foundations.
- Legal & Compliance Support – SPAs, covenants, competition law, and more.
- Loan Covenant Issues – Proactive solutions and lender engagement.
- Visa & Sponsorship Documents – Supporting international professionals with accuracy and care.
- Divorce & Partnership Breakdowns – Navigate the financial side with sensitivity and precision.
- Practice Valuations & Probate – For planning, succession, and estate matters.
- Working with IFAs & Lenders – Bringing all your advisers together for a coordinated outcome.
Understanding the Business of Dentistry
Dentistry doesn't follow the same rules as most small businesses. There's a fine balance between clinical work, compliance obligations, and financial performance - especially with mixed NHS/private models, expense-sharing setups, and evolving regulation.
We understand these dynamics and help you manage them - so your practice, and your personal finances, are both secure.
Who We Work With
We support dentists across every stage of their professional journey:
- Associates and Locums
- NHS, Private & Mixed Practice Owners
- Sole Practitioners & Expense-Sharing Arrangements
- Limited Companies & Incorporated Practices
- Dental Specialists and Academics
- Multi-disciplinary professionals with varied income streams
What Sets Us Apart
- Proactive Advice: We look ahead - not just back.
- Performance Reviews: Benchmarking and profitability analysis tailored to dental practices.
- Tax Efficiency: Smart use of allowances, expense claims, and business structures to retain more of what you earn.
- Complete Support: From daily accounting to big decisions, we're in your corner.
What Can You Claim?
We provide clear, up-to-date guidance on what qualifies as a business expense.
For Associates:
- Lab fees, materials, locum support
- Subscriptions, indemnity cover, superannuation
- CPD-related travel, accommodation, and fees
- Business-use phone, internet, marketing
- Legal fees, equipment repairs, protective wear
- Home office use (modest flat-rate deduction)
For Limited Companies/Practice Owners:
- Staff salaries and pensions
- Surgery rent, rates, insurance, and repairs
- Director's salary and pension contributions
- Equipment and capital allowances
- Advertising, cleaning, and GDC-related fees
- Professional and legal fees directly linked to your business
Please note: All claims are subject to current tax rules and personal circumstances.
Frequently Asked Questions
Should I incorporate my practice?
We'll assess the tax implications, liability exposure, and long-term benefits based on your goals.
I'm buying a practice - what's the best structure?
We advise on company formation, partnerships, or expense-sharing based on what works best for you and your co-investors.
What if my books are a mess?
No judgement here - we'll help you get back on track with compliant, streamlined systems.
Will your service cost more than a general accountant?
Often not. And when it does, our insights typically save clients far more than they spend.
I want to grow - can you help?
Yes. From property to practice expansion, we'll help you plan and execute with confidence.
Let's Talk
We offer flexible appointments - online or in person, during or outside working hours - to fit your busy schedule.
Take control of your finances. Let us handle the complexity so you can focus on your patients. Contact us today for a confidential consultation.