Specialist Accountants for Dentists & Dental Practices
Accountants for Dentists in Crediton: Specialist Tax and Accounting Support for Dental Professionals
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Accounting Support for Dentists and Dental Practices in Crediton
Associate & Private Dentists
Self-assessment, allowable expense claims, lab fees and superannuation reconciliation for self-employed associates and private dentists.
Dental Practice Owners & Principals
Practice accounts, payroll for nurses and receptionists, UDA income monitoring, cash flow and profit extraction planning.
Orthodontists & Specialists
Accounting for referral-based and specialist practices, including capital allowances on equipment and VAT on cosmetic treatment.
Squat Practices & Dental Start-Ups
Cash flow forecasts for lenders, company formation, cloud software set-up and registration for new and squat dental practices.
Our Accounting and Tax Services for Dentists in Crediton
Bookkeeping for Dental Practices
We reconcile NHS schedules, private takings, plan income such as Denplan and card receipts so you always know what the practice is really earning.
VAT for Dental Practices
Most dental treatment is VAT exempt, but cosmetic work, teeth whitening and product sales are not. We handle partial exemption and get your returns right.
Self-Assessment for Associate Dentists
We prepare associate tax returns, claim every allowable expense from GDC fees and indemnity to CPD and lab costs, and reconcile superannuation deductions.
Dental Payroll, Auto-Enrolment & NHS Pension
Payroll for nurses, hygienists and reception staff, plus auto-enrolment, statutory pay and NHS Pension submissions handled on time every month.
Practice Accounts & Profitability Reporting
Management accounts that show profit per surgery, per associate and per income stream, so you can see exactly where the practice makes money.
Accounting Considerations and Challenges for Dentists and Dental Practices
Dental accounting can involve several layers of complexity because income, expenses, and business structures often differ from those in many other professions. The points below highlight some common considerations, but the exact treatment will depend on whether you are employed, self-employed, in a partnership, or operating through a limited company.
- Managing NHS and private dental income, including keeping clear records of different income streams.
- Associate dentist arrangements, where self-employed status, fees, and expenses may need careful handling.
- Professional expenses such as indemnity cover, professional subscriptions, registration fees, and training costs.
- Dental equipment, capital expenditure, and how purchases may be treated for tax purposes.
- Payroll and employment costs for practice staff, including nurses, receptionists, and other team members.
- Bookkeeping, VAT, practice cash flow, and financial records that support annual accounts and tax returns.
- Partnership or limited company structures, including profit shares, directors' responsibilities, and Corporation Tax.
Why Dentists in Crediton Choose CruseBurke for Accounting Support
Genuine Dental Expertise
We know UDAs, superannuation, associate agreements and GDC costs without being told.
Built Around Your Practice
Associates, principals and multi-site groups each get a different service, not a template.
Fixed, Transparent Fees
One agreed monthly fee with no hourly billing and no surprises at year end.
Proactive Dental Tax Planning
Incorporation reviews, capital allowances on equipment and profit extraction planned in advance.
Named Accountant, Real Answers
You deal with the same qualified person every time, by phone or email, not a call centre.
A Track Record Since Before WWII
Our roots go back further than the Second World War and we act for dental clients across London.
Our Simple 3-Step Process for Dental Accounting Support
1. Initial Consultation (It’s Free):
We begin by getting to know your practice and understanding your unique needs. This step ensures we have a clear picture of your operations and your goals.
2. Customised Plan:
Based on our initial discussion, we create a personalised plan designed specifically for you. The aim is to keep everything organised and easy to follow. You can rest assured that your numbers are being handled with expert precision.
3. Ongoing Support & Updates:
From there, we take care of the ongoing work and keep you updated with reports. You’ll always know what’s happening, and we’re always here to answer your questions, ensuring you have a clear picture of your financial health at all times.
Professional Accounting Support Built Around Dental Needs
Technology Driven
Cloud accounting linked to your practice software so your figures are current, not six months old.
Named Dental Accountant
A dedicated accountant for dentists who knows your practice, your contract and your plans.
Ongoing Support
Unlimited support by phone and email, including quick answers on UDA and superannuation queries.
Experienced Team
Our team has over 100 years of combined accountancy experience.
Free - Email Reminders
Never Miss any deadline with our automated email reminders.
Yes, We Are Chartered!
We’re an ICAEW, ACCA & AAT accredited Firm.
How to Switch to Our Dental Accountants
Take a back seat and let our London dental accountants handle everything. Switching mid-year is straightforward and you do not need to speak to your old accountant:
Get in touch
Reach out to us and we will discuss your practice, your contract and how we can help.
Letter of Engagement
We’ll send over a simple letter to formalise our partnership and get everything in motion.
Previous Accountants
If you're switching, we’ll take care of contacting your previous accountants to make the transition smooth.
We Do the Rest
From there, sit back and relax. We’ll manage your accounts, taxes, and everything in between, keeping your practice running smoothly.
FAQs
Look for an accountant who understands the dental sector, not just general business accounting. It helps if they can explain how different income sources, such as NHS and private dental income, may be treated, and how your working arrangement affects your tax position. Whether you are an associate dentist, a principal dentist, or a practice owner, they should be able to discuss Self Assessment, bookkeeping, annual accounts, payroll, VAT, and business structure in plain language. You may also want to ask how they handle professional expenses, practice records, and tax planning, with clear communication about what is included.
Associate dentists are often self-employed and may need to report income from one or more practices through Self Assessment, with expenses and tax payments dealt with personally. Principal dentists and practice owners often have additional responsibilities, such as practice accounts, staff payroll, VAT where applicable, and Corporation Tax if the practice operates through a limited company. Some dentists may also combine associate work with practice ownership or other income streams. The right accounting setup depends on the specific arrangements rather than the job title alone.
Yes. Many dental professionals receive income from a mix of NHS and private work, and keeping those streams clear can make bookkeeping and tax reporting easier. Depending on your circumstances, we can help record income correctly, reconcile payments, and prepare the information needed for Self Assessment or business accounts. VAT treatment can also be relevant where private income and mixed supplies are involved, so the position should be reviewed based on your actual activities.
Dentists may be able to claim expenses that are wholly and exclusively for their professional work, such as indemnity insurance, professional subscriptions, registration fees, and certain training costs. Equipment, practice premises costs, and administrative expenses may also be relevant depending on whether you are self-employed, in a partnership, or running a limited company. Personal costs and private expenditure are not allowable, and some items may need to be treated as capital rather than revenue expenses. It is important to keep receipts and records so the correct treatment can be applied.
Many dental practices employ staff such as nurses, receptionists, and practice managers, which can bring payroll obligations including PAYE, National Insurance, and pension duties where applicable. VAT may also be relevant if the practice is registered or approaching registration, and the treatment of NHS and private income can require careful review. Not every practice will have the same VAT or payroll position, so the support needed depends on turnover, staffing, services, and business structure.
If a dental practice operates through a limited company, annual accounts and Corporation Tax returns are usually required, along with Companies House filings and records for directors. We can help organise the bookkeeping, prepare the accounts, calculate the tax position, and consider areas such as allowable expenses, capital allowances, salary and dividend planning, and profit extraction. If the practice is a partnership or sole trader, the reporting requirements differ, but the focus remains on accurate records and a clear understanding of the tax position.
The information needed can vary depending on whether you are an associate, principal, sole trader, partner, or limited company director. Typically, it may include income records, expense receipts, bank statements, payroll information, VAT records, previous accounts, tax returns, and details of any professional subscriptions or indemnity cover. If you are switching accountants, we can discuss the handover and any authorisations needed. A clear list can be provided once your circumstances are understood, so the process is organised from the start.