As a newly qualified dentist you will need to register with HMRC for tax and National Insurance; our team can complete this for you. Dealing with all aspects of HMRC regulations, we ensure all registrations and submissions are dealt with within HMRC’s strict deadlines. Our structured approach and clear advice helps you keep more of what you earn!
Our friendly, knowledgeable staff will be on hand to deal with pension questions, calculations and submission issues. Regularly speaking to newly qualified associates regarding the NHS pension means we are ideally placed to help where needed. Your future pension benefit relies on accurate and timely submissions each year.
Buying a property can be problematic in any scenario, but for a newly qualified associate with limited accounting history, it can be more difficult! We can assist you and help overcome the obstacles faced by newly qualified individuals. Working closely with our financial advisers the process can be a lot smoother.
In the near future we will see the introduction of a digital tax account for all dentists. Are you ready for this? Do you have the appropriate software to cope with this major change? Being fluent with all modern cloud-based software, including Xero, Sage and Quickbooks, allows us to be on hand to help with any problems you may face. Feel free to ask us about any software issues or recommendations.
While acting for many corporate dental associates we have seen many achieve tax savings through a corporate structure. We fully appreciate this isn’t always the best option and can talk you through the pros and cons of incorporation, including illustrations based on your current profit levels.
Buying your first practice can be daunting but with our support we can ease you through the process and ensure the target practice is right for you. We can prepare financial forecasts for personal and funding purposes, working closely with the key lenders within the dental industry.
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Having recently moved to PFM townends accountancy, I have been very happy with their services. I found joining up was a simple and efficient process. My accountant Sophie has been very helpful with my self-assessment tax return. Having only recently become self-employed, I had many different questions regarding the tax return and Sophie dealt with these promptly and professionally. She made the whole process very easy to understand and I felt more knowledgeable after finishing the tax returns.
Having used the same accountancy firm since graduating in 2002, I was recommended PFM Dental by a colleague three years ago. Since then I have not looked back and I have been extremely happy with the service they have provided. They are very accessible and personable, responding promptly to any questions or queries I might have. In this regard, a special mention should go to Hayley Hudson whose professionalism and attention to detail means I have every confidence that my dental accounts have been thoroughly reviewed and managed. I also consider their fees to be very reasonable and good value. I would not hesitate to recommend PFM Dental.
I have used PFM Accountancy for many years now and couldn’t speak highly enough of them. They were recommended by a colleague and I haven’t looked back since. With both of my previous accountants I was never really sure that I fully understood my accounts and didn’t feel comfortable asking too many questions as I often didn’t understand the answers. Each member of staff that I have dealt with at PFM have been approachable, friendly and explained everything clearly and to suit my level of understanding. They are very experienced with dentist finances and taxation etc. The option to pay monthly rather than an accountancy bill at the end of the year alongside annual GDC and tax bills is also really good.
PFM have also helped me out with my mortgage application and other favours.