Articles
-
9 Mar 2010
Dentists are often advised to buy freehold rather than lease premises but it can be even more effective from a tax point of view if the property is actually purchased by your personal pension scheme. read more »
-
9 Mar 2010
With the 50% tax on higher earners, a significant number of dentists are either in this category (£130,000 plus pa) or aspiring to be, and therefore need as much information as possible to reduce their tax bills. read more »
-
9 Mar 2010
Dental professionals considering setting up, owning and running their own dental business should of taken advantage of the expertise of several figures who have a wealth of knowledge on the process to share, from a banking, finance and legal perspective. read more »
106 Money Saving Ideas
- #35TaxConsidering a career break? Take it in two tax years.
If you are considering a career break of say 6 months, take it in two tax years. This will save considerable amounts of tax especially as a higher rate tax payer.
Essential Money Blog
I'm delighted to announce the birth of our baby daughter who arrived on January 23rd 2010 - Phoebe Ianthe.
Mum & baby are fine and at home - the older two are loving her and seem very happy to have a new real life doll to play with!
I'm taking a few days off but will then be back to work on part time hours for the first few weeks.
Rgds
Thomas
I just watched this program on ITV Tonight and thought I'd write a few words as non-disclosure is a key area for us as IFAs. Firstly I'm very sorry for the insured people who's claims weren't successful - it must be extremely distressing to find out when you need insurance the most that it doesn't pay out. read more »
Arun Mehra, a specialist dental accountant has recently written about the NHS tendering process - I thought it was a useful guide to the steps involved and with his permission have copied the article below: read more »
Once a year, we all try to get out to spend a day in the community doing something for other people. This year the staff at Essential Money chose Edwards Trust who asked us to paint some of their offices. Fortunately their office is also on Greenfield Crescent so we didn't have far to go yesterday morning. read more »
Many thanks to all the dentists that took the time to talk to us over the last 3 days at the BDTA Showcase in Birmingham.
We were extremely busy so apologies to anyone who didn't get a chance to talk to us. read more »
Stay up-to-date
Current financial issues and industry developments that may affect you
-
14 Jan 2010
Doctors, dentists, and other professionals have been warned they are the targets in a new HM Revenue & Customs crackdown on tax evaders. read more »
-
10 Dec 2009
Many thanks to Standard Life's Technical Solutions team who've summarised the key points from the latest Pre-Budget Report, which I've copied below. There are some key points that are very likely to affect many dentists such as the change in National Insurance and the change in pension forestalling rules.
National Insurance read more »
-
8 Nov 2009
Alexander Hall of mfg Solicitors had an interesting bulletin this month illustrating the potential dangers of the Warburton contracts. I've copied his points as follows. read more »
-
6 Aug 2009
The Bank of England has held interest rates for a fifth consecutive month today.
Rates remain at their historic low of 0.5%, with no further cuts likely, though it is unclear when rates will begin to rise again.
-
30 Jun 2009
Further to my comments the other day - Figures released today by the Nationwide show that in June the average price of
a property rose by a seasonally adjusted 0.9% to £156,442, up from £154,016 in May.