Income Shifting

Income shifting as defined by the Government is where one individual can shift their income to another in order to gain a tax advantage – and they don’t like it. They are therefore proposing to introduce new legislation effective from 6 April 2008 which could potentially affect hundreds of dentists. This all started when East […]

Student Loans – Better Off Left A-Loan? No!

Gregory Penfold of Humphrey & Co, Chartered Accountants, who are members of the Association of Specialist Providers to Dentists (ASPD). Gregory lectures extensively to VDP groups and other dentists on accountancy and taxation matters. ASPD members offer professional, objective and practical advice and services, based on experience within the industry, to dental practices and other […]

Is Your Lease Watertight? Don’t take chances with your livelihood

Graeme Burn is the Senior Partner of Burn & Company, Solicitors, North Yorkshire. He has specialist knowledge of dentistry, having advised dentists throughout England and Wales for the last fifteen years. He is a member of the Association of Specialist Providers for Dentists. ASPD members offer professional, objective and practical advice and services, based on […]

Employing Migrant Workers

Constantly changing demographics mean that dental practices need to ensure that they recruit and retain from a diverse pool if they are to service the needs of their patients and in some cases their non-UK professional staff.There can be tremendous benefi ts to the practice in employing migrant workers but as an employer you are […]

The Professional Approach to Mortgages

David Brewer is a is Senior Healthcare Manager at the Royal Bank of Scotland. He has over 10 years experience catering for the financial and banking needs of dentists and has helped over 500 practitioners to establish their own practices. Royal Bank of Scotland are also ASPD members. It’s never been easy to step on […]

Preparing for your Year End

Greg Penfold is an accountant with Humphrey & Co., chartered accountants, business and tax advisers. He specialises in acting for dentists and is a member of the Association of Specialist Providers to Dentists( ASPD). The ASPD has over 27 members in the UK offering professional services to dentists. The members include major banks, solicitors, accountants, […]

Inheritance Tax: The Bullet That Bears Your Name

The recent increase in the Inheritance Tax nil band from £285,000 to £300,000 [for 2009/2010 now £325,000 Ed] has again failed to keep pace with house price inflation and leaves an increasing number of dentists in a new tax net. Harry winter, tax partner at Dental Business Solutions an a member of the Association of […]

Income Protection

Richard Lishman is a partner in money4dentists, members of the The Association of Specialist Providers to Dentists (ASPD). Many people feel that the cornerstone of financial planning is income protection cover, as unless you have this protection, generally you don’t get paid if you are unable to work due to an accident, sickness, or injury. […]

Associates – employed or self-employed?

David Griffiths is a solicitor member of the Association of Specialist Providers to Dentists (ASPD) and a partner in Maxwell Hodge, Solicitors, based at the firm’s Liverpool Office. Most principals would consider their associates to be self-employed, and while many associates would agree there are occasions when an associate might claim to be an employee. […]