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Tag Archives: budget

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super deduction

Super deduction tax allowance for dentists

Limited Company DentistsBy 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…

Accounting Advice for Dentists

Budget 2020: NHS dentists get better pension tax relief

articles, PensionsBy Katherine FloodMarch 12, 2020

The Chancellor has announced in the budget a reform of how tax relief on pension works, which will help dentists. It makes it far less likely that dentists working in the NHS will face additional tax charges. Since 2016/17, some higher earning dentists have faced very high tax charges because of a restriction on tax…

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