10 November 2022
Welcome to our latest dental newsletter.
The hokey cokey of UK politics has certainly been giving accountants and tax advisers a run around recently!
It’s almost impossible to do any planning at the moment as new legislation has been introduced and then u-turned.
The Autumn Statement, planned for 17 November 2022, is only a short while away. So, rather than give you information in this newsletter that may well be out of date by the time we “go to print” - we would urge you to keep an eye out for our Autumn Statement update which will be emailed out as and when we have collated (and digested) the information on the 17th.
If you’re not currently opted in to receive our updates please email us and we’ll add you to our mailing list.
Meanwhile, the dental sales and purchases market appears not to have been dampened by recent events and we’re working alongside many of our clients as they step into practice ownership or at the other end make their way into retirement. If you’re thinking about either, please get in touch, the earlier the better so we can guide you throughout the process and make sure the deal is the absolute best for you.
In other news, what happened to 2022?!! If you have any staff parties planned or gifts to give, there is a guide to the correct tax treatment here.
- The CGT rules on land and property during a divorce are explained.
- VAT and dental practices - why would you need to register for VAT?
- Dodd Wealthcare explain why you need to consider taking out Income Protection.
- Heidi's eye rolling talking about unexpected expenditure.
- The energy crisis continues to be a talking point and remind you of the tax allowances to help you reduce these costs.
- Is it time to consider outsourcing? Heidi Marshall looks at the pros and cons of getting external providers to help with running your practice.
- Meet Helen - our fantastic Payroll Manager.
Finally, I’d like to congratulate Heidi Marshall, who has been appointed Chairman of NASDAL, the National Association of Specialist Dental Accountants & Lawyers - a fantastic achievement!
As always, please get in touch if you have any queries or require any assistance.
If you would prefer to read this newsletter as a PDF please click here.
Simon Kirkbride (Editor)
Tax Partner
