Accountancy services for associates

 

The affordable specialists. Proactive accountancy that’s only for dentists.

Fixed fees

Before you ask us to work on your accounts, you’ll need to know another important number: our fees.

Our associate fee is set at a highly competitive £540 (incl VAT). And it doesn't conceal any hidden extras either: our fees include an HMRC fee investigation service, NHS Compass assistance, mortgage references and overseas tax advice.

NHS pension help

No need to wrestle with the complexities of the NHS pension and HMRC pension legislation by yourself - our friendly, knowledgeable team are here to talk you through it all.

Your future pension relies on you getting your submissions right every year and sending them in on time. We can help with questions, calculations and submissions, guide you through your lifetime and annual pension limits and help you with your annual declaration on Compass.

Alongside this, we have in-house financial advisers who offer a chartered financial planning service for dentists.

Proactive tax planning

As a dentist, you can structure your finances in a variety of ways, depending on what works best for you.

We can keep a close and proactive eye on your tax affairs, with updates as and when new issues crop up.

We’ll advise whether your current status is the most tax efficient and if there are any tax reliefs you might be entitled to.

I’ve used PFM Dental since I was a young dentist and realised I had to fill in my first tax return. I’ve since used them for pension advice and, more recently, mortgage assistance, both of which I have had a smooth journey with.

— Mark Pugson, associate, East Yorks

Business structure advice

With a lot of complexity around dentistry, it’s vital to consult genuine specialists before you make your decisions.

We can advise on which structure is best for you, with real life illustrations to show how each would affect your tax burden.

Practice purchase advice

When the time comes to take the plunge and buy your own practice, our unique blend of in-house services means we can offer you unbeatable expertise.

From our practice valuers and commercial finance experts to our own specialist legal team, we liaise seamlessly to pull together fully-costed financial projections, practice valuations and finance application support. All under one roof.

Need business support?

Our chartered accountants are here to help

We're accredited

Our Dental Accountancy Firm pride ourselves on providing top notch professional services to our clients. We’re proud to tell you why we belong to these professional bodies.

  • The Institute of Chartered Accountants in England and Wales (ICAEW) believes accountancy is a force for positive economic change and works to promote trust in business. Membership means we’ve passed a premium qualification and have access to its world-leading resources.

  • Chartered status is our industry’s gold standard for quality and integrity. No other financial planning firm offering advice exclusively for dentists has this badge of excellence.

  • The National Association of Commercial Finance Brokers (NACFB) is the national trade body for brokers who arrange finance for businesses. NACFB promotes the highest industry and regulatory standards.

  • Only recognised dental specialists can join The Association of Specialist Providers to Dentists. As members we’re guaranteed to understand dentists’ particular needs, problems and opportunities.

  • Lexcel is the Law Society’s quality mark for practice management and client care. It’s a voluntary standard that we’ve signed up to. The mark means we meet their high standards, giving you peace of mind.

PFM Dental have been excellent.

They’ve linked financial planning and accountancy together and their joint meetings/ correspondence make everything easier. Everyone at PFM are extremely helpful and reply to emails/ queries quickly and thoroughly, even when you feel it’s a daft question.It’s definitely worth it for dental specialists, our jobs are so unique, trying to explain what a UDA is to anyone is difficult enough but they know their stuff.

— Ieuan Treharne, Associate, Former DF1 Yorkshire and Humber

PFM Dental have been very helpful over the past couple of years. As a new associate there has been lots of support to help with becoming self employed. Sophie and Jon have always been very approachable and have given me great advice and support for many financial aspects such as tax, NHS pensions and setting up a SIPP. It is useful to have financial consultants who specialise in Dentistry and I would happily recommend them .

— Kieran Thomas, Associate dentist, Leeds