Aug 30 2017 Know your employment status Categories: Healthcare It has become the industry norm that dental professionals, whether it be a dental associate, hygienist or therapist are treated as self employed for tax purposes, and rarely employed. You may ask yourself why this is the case and whether, with the recent legal rulings, this employment status will continue to be accepted by HM more
Jul 12 2017 Tax tips for dental professionals Categories: Healthcare Research & Development Tax credits Perhaps the dental profession is not the first sector you’d think of when considering whether to claim for Research & Development (R&D) Tax Credits. However, if you are involved with dental innovation or seeking an advance in dental technology you ought to seriously consider whether your business is entitled to more
Jun 2 2017 Is your business structure in order? Categories: Healthcare When a dentist starts a dental practice or restructures an existing dental practice, you’d think there would be an industry standard when it comes to what type of entity should be formed and how it should be taxed. But there are many nuances and considerations that well respected tax and legal professionals differ on when more
Apr 7 2017 Making Tax Digital – Could the Cloud be the perfect choice for your dental practice? Categories: HealthcareMaking Tax DigitalTaxation You may be aware, that in under a year’s time, if your dental practice currently keeps its accounting records manually, you will have to be up and running on a computerised system to be able to make quarterly returns to HMRC. If you haven’t heard about Making Tax Digital, then you can find out more more
Mar 31 2017 New Partner Appointed at EQ Accountants Categories: HealthcarePeople We are delighted to announce the well-deserved promotion of Louise Grant. Louise Grant (38), who heads up our Healthcare team, takes up her position as Partner within the Dundee office on 1 April 2017. Monifieth born and bred, Louise joined the firm as a graduate of Abertay University in 2003. She undertook her examinations with the more
Jan 17 2017 Working with MFM Community Limited Categories: Corporate FinanceHealthcareTaxation EQ Taxation and Corporate Finance teams recently assisted the directors and shareholders of MFM Community Limited in selling their dental practice. EQ were asked to participate in the negotiations during which a potential key legislative change was identified by EQ as a problem. This resulted in the deal being fully restructured to the benefit of more
Dec 15 2016 A Polished Performance Categories: Corporate FinanceHealthcare Setting up a business is a huge step for anyone. But when you’re doing so while holding down full-time posts elsewhere and with limited knowledge of legalities or finance, that step is a little bit more daunting! However, what has driven Patricia Barry-Murphy and Duncan Graham of Dundee throughout their journey is a shared dream, more
Sep 14 2016 Are you paying the right price? Categories: Healthcare Ambitious dental associates may look to acquire a share in a practice, take over an existing practice or even set up their own practice from scratch. But, what is the right price to pay for this dream? Dental practice valuations are highly topical at the moment due to “dental corporates” offering to acquire dental businesses more