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Monthly Archives: March 2021

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super deduction

Super deduction tax allowance for dentists

Associate, Limited Company, Practice, SquatBy Nathan HolmesMarch 26, 2021

With an example of the 130% super deduction, we explain what a super deduction is and how dentists can take advantage of this new form of tax saving.  We also go on to explain with a further example a surprising result after the super deduction ends for any dental companies with profits between £50,000 and…

Furlough and Self Employed Income Support is extended until September 2021

Covid19, Employed Dentists, Limited Company, Self-employmentBy Nathan HolmesMarch 10, 2021

The coronavirus job retention scheme (CJRS) will continue until 30 September 2021 What support is given? 80% of gross wages will be paid for as a grant for time not worked (furloughed) up to a maximum of £2,500 until June falling to 70% and £2,187.50 for July and 60% and £1,875 for August and September…

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