Accountancy services for practice owners

 

More than accountancy. Specialist business support from our experts

Fixed fees

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

We provide great service and top quality advice at highly competitive and transparent prices.

There are no hidden extras either: our fees include an HMRC fee investigation service, a Making Tax Digital review and lending references.

Fees Table

Making Tax Digital

The Making Tax Digital initiative is imminent.

Knowing when these new regulations will hit you and how you need to prepare is vital. We’re fluent in all cloud-based software, including Xero, QuickBooks and Sage and we’re on hand to help.

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.

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 extensive knowledge of self-invested personal pensions (SIPPs) and small self-administered pension schemes (SSASs), including property.

Proactive tax planning

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

We’ll look at remuneration strategies, explore additional pension contributions and consider whether a Research and Development (R&D) claim is right for your practice.

Payroll

Operating your own payroll systems is demanding and complex. Outsourcing payroll service to us is a cost-effective solution, freeing up your team for other tasks.

As a new practice owner, I was finding the challenge of tax planning, accounts and payroll extremely daunting. However, thanks to the team at PFM Dental, we have been able to get on top of it all with minimal fuss and stress.

— John Alker, practice owner, Leeds

Business structure advice

Our clients include practices of all shapes and sizes, including sole traders, partnerships, limited companies and corporates.

Because we know them all inside out, we can advise on which structure is best for you, with real life illustrations to show how each would affect your tax burden. With a lot of complexity around dentistry, it’s vital to consult genuine specialists before you make your decisions.

Practice expansion

If you’re ready for the next challenge and looking to add more practices to your portfolio, get in touch.

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

We 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.