cash extract from company

How do I withdraw cash from my company?

When you set up a company for your associate dentist income, all payments for your work are paid to the company bank account. Then you’ll need to transfer what you need to your personal bank account. So how much cash can you withdraw from the company for your personal expenses? There are 2 ways of approaching this: 1. Take what I need…

Coronavirus Advice for Dentists from Small Biz Accounts

Financial advice and help for Coronavirus affected associate dentists

We have identified the following financial advice and help points for coronavirus affected associate dentists. This article is checked and updated regularly. Where you see an updated date below, this is the last time there was any change to the government’s help/advice in this area. 1 – Extended time to pay your next tax bills…

easy loans now avliable to dentists

New and top up business bounce back loans until 31 March 2021 – updated payment pause option means no repayments for the first 18 months

Business bounce back loans are a loan scheme announced by the government to help businesses affected by coronavirus. They are easy to apply for and you can receive the money quickly into a business bank account– possibly within a day or two of the loan being agreed upon.  The minimum you can get is £2,000, and the maximum…