Latest News

Read all our latest news and stories.

Could you retire early?

Posted: 31 Aug 2017

It’s tempting, so could your dream become reality? Martyn Bradshaw provides answers. Over the last few years and the recent decade in particular, I have witnessed the age of dentists selling their practices prior to retirement come down, with the majority of my clients now selling between the ages of 50 and 55. While the increasing […]

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PFM Dental Legal team expands

Posted: 16 Aug 2017

With an increasing number of instructions from practice vendors PFM Dental Legal is expanding. Experienced paralegal Kirsty Fairbairn joins the team in a role specifically to assist vendors collate due diligence. Prior to the implementation of PFM Dental Legal, many clients commented on the onerous timescale of the due diligence task. PFM Dental saw that […]

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PFM Preparing for Retirement Course

Posted: 21 Apr 2017

PFM are pleased to announce that the popular ‘Preparing for Retirement’ course will be at Sheffield on Friday 15th September.  The course runs from 10:00 – 4:00 and gives a good rounded picture as to what to expect with a dental practice sale, the legal work, accountancy issues and the NHS pension and lie time […]

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Will the lifetime allowance affect your pension?

Posted: 11 Apr 2017

The HMRC’s lifetime allowance (LTA) limits the value of payments from your pension schemes – whether lump sums or retirement income – that can be made without triggering an extra tax charge. Many dentists will exceed the limit without realising it, especially following the reduction in LTA to £1.0m in April 2016. This is a […]

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Workplace Pensions advice

Posted: 28 Feb 2017

Every employer in the UK will have to offer their staff a workplace pension scheme and we advise that you start planning for your ‘staging date’ now. Workplace pensions aren’t optional and you have a legal obligation to provide this to your (eligible) staff. Many of our clients are already benefiting from our autoenrolment service […]

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Associate agreement mistakes to avoid

Posted: 09 Feb 2017

Stephen Knowles, a dental sector specialist solicitor for PFM Dental Legal Limited, explains why proper contracts with your staff are vital. This article was first published online on on 9 February 2017. Because your staff are your most important and expensive asset It makes sense to have proper contracts with them. Here I outline […]

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Valuation, valuation, valuation

Posted: 02 Feb 2017

Martyn Bradshaw, a director of PFM Dental, explains why asking the right price when selling your practice is absolutely vital This article was first published in Scottish Dental Magazine Jan-Feb 2017. For most dentists, their dental practice is their largest investment and, as such, its sale needs to be treated very seriously. Getting it wrong […]

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Why you should be positive about your finances in 2017

Posted: 25 Jan 2017

This article by Jon Drysdale, an independent financial adviser for Chartered Financial Planners PFM Dental, was first posted on Financial stories make good press and it is usually the negative ones which reach the front pages with happier news given a second billing. The same applies to social media and TV news and, as […]

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Is the annuity dead?

Posted: 13 Dec 2016

This article by Jon Drysdale, an independent financial adviser for PFM Dental, was first published in Scottish Dental Magazine November 2016. When the NHS was founded in 1948, the life expectancy for men retiring at 60 was 66, and for women, 71. Those figures are now 82 and 85 respectively, which is why legislation in […]

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Mitigating NHS pension threats

Posted: 06 Dec 2016

This article by Jon Drysdale, an independent financial adviser for PFM Dental, was first published in The Dentist magazine December 2016. Headline statistics on the NHS pension don’t make great reading. Within the last three years government legislation on employer pension schemes has increased the retirement age by eight years and, for most dentists, at […]

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What should written ownership agreements include?

Posted: 21 Nov 2016

This article by Stephen Knowles, a dental sector specialist solicitor for PFM Dental Legal Limited, was first posted on If you own a share in a dental practice one of the management issues that is frequently overlooked or given insufficient consideration is a written agreement between the principals setting out how the practice is […]

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Should you put your practice property in a pension?

Posted: 28 Sep 2016

This article by Jon Drysdale, an independent financial adviser for Chartered Financial Planners PFM Dental, was first posted on For many years it has been possible to place your practice freehold (the bricks and mortar element of the business) into a pension. However, there are some significant barriers to entry which are often misunderstood. […]

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Taxation and finance for associates

Posted: 27 Sep 2016

This article was published in BDJ Student Autumn 2016 What do you need to know about tax and money matters? Sophie Kwiatkowski, an accountant with PFM Dental Accountancy, explains. Now that you are self-employed, there is a lot to think about in terms of tax, records, expenses and more. Here, I give you an overview […]

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Ten property issues not to be ignored when selling

Posted: 26 Aug 2016

This article by Adrian R Tattersley, a Chartered Legal Executive with PFM Dental Legal, was first posted on When selling your practice there will undoubtedly be property issues to consider, which, if left unattended, could end up delaying your sale or, worse still, stopping it altogether. There are very few issues that cannot be […]

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So now you’re self-employed

Posted: 08 Aug 2016

Sophie Kwiatkowski, an accountant from chartered accountants, PFM Dental Accountancy, offers advice to new associates on tax, expenses and more. This article was first published in Young Dentist Autumn 2016. The transition from being employed to self-employed can often be daunting. The shift towards being responsible for your own calculation and payment of taxes is […]

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It’s time to use a dental accountant

Posted: 04 Aug 2016

If you are starting your first associate job, now is the time to use the services of a dental accountant. We already provide this service to hundreds of associate dentists, offering invaluable advice on many dental specific issues as well as annual accounts and tax returns. We offer so much more than the average accountant, […]

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Tax payment reminder for self-employed dentists

Posted: 19 Jul 2016

For sole traders, paying income tax involves payments on account to HMRC in both January and July. This is a quick reminder your second payment on account is due by 31st July 2016. You will need your UTR to process the payment, this is a 10-digit reference found on any HMRC correspondence. There are numerous […]

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Asbestos reporting for dental practices

Posted: 18 Jul 2016

Asbestos has been prevalent in society for 4,000 years but it is only in the last 40 years or so that public health concerns arose – leading to various legislation and regulations for its management and treatment. PFM Dental’s commercial property specialist, Adrian Tattersley, summarises the requirements for an asbestos risk assessment. Under the Control […]

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Purchasing a practice by Martyn Bradshaw and colleagues

Posted: 04 Jul 2016

This article was first published in The Dentist July 2016 The PFM Dental Group is again running its annual series of seminars around the UK for anyone looking to purchase a practice. From the questions we are asked, particularly from dentists who have not bought a practice previously, it would appear that some of the […]

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Brexit – buying a practice

Posted: 24 Jun 2016

You might think that the decision to leave the EU is far removed from your plans to buy a dental practice. Think again. The decision to leave the EU has had an immediate and dramatic effect on the UK’s credit rating and the value of Sterling. Put another way the UK is now seen as […]

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Buying a practice – how to get ahead

Posted: 20 Jun 2016

Jon Drysdale suggests ways to get out in front when purchasing a practice This article was first published on June 2016 Buying a practice is a competitive business these days. In the last 12 months, almost every NHS practice and many of the private practices we handled had so many interested parties that they […]

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Practice sales – an end to delays?

Posted: 07 Jun 2016

Stephen Knowles explains how time and money can be saved This article was first published in The Dentist June 2016 In recent years there has been a substantial increase in the time taken to undertake the legal work associated with dental practice sales. It is not uncommon for the entire process from offer to completion […]

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PFM Dental adds legal firm to speed up practice sales

Posted: 09 May 2016

We’re delighted to announce the addition of PFM Dental Legal to our comprehensive range of specialist services for dentists. The new legal services firm, headed by dental sector specialist solicitor, Stephen Knowles, brings the whole sales and purchases process under one roof. Our Practice Sales director, Martyn Bradshaw, says: “We are delighted to be able […]

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