Investing company money that has built up within a business bank account poses a challenge to many company directors. If you are a dentist that has decided to incorporate (or perhaps you’ve already done it), or a doctor with private earnings that has incorporated, one of the main differences you’ll have noticed is that there [...]
Dental Practice Sale – Options on Your Premature Death?
January 26, 2010 By
This week we have a guest article from specialist dental solicitor Edwin Ross. Edwin looks at a new twist for the sole practitioner – Who will get the practice if you die before retirement? Take it away Edwin… Are you a sole practitioner? Have you ever considered what would happen to your practice in the [...]
Currency Risk – Sterling vs Euro – Hot Topics Q & A
November 6, 2009 By
Q. I am a retired dentist living in France. Owing to the decline in the value of the £ against the Euro my pension is severely devalued. What can I do about this? A. Thanks for the question. No doubt youve been racking your brain about this! Obviously, your problem is that your income is [...]
Income Tax Rises 2010 – Will You Be Affected?
June 11, 2009 By
Large rises in income tax are due to take effect from next April for people earning over £100,000. New rates of tax were announced by the Government in the recent budget and they are going to hit many of our clients hard! This is because our clients tend to be higher earners, with many in [...]
NHS Superannuation Pension – Should I Take It Early? – Hot Topics Q & A
December 28, 2008 By
Q. I’m a 57 year old dentist and am planning to retire when I’m 58. Should I take my NHS pension at 58, or am I best waiting until age 60? A. You’ll be aware that there is a penalty for taking the benefits from the pension prior to age 60. If you retire at 58, you’ll receive an [...]
Top Ten Recession Beating Strategies for Dentists
October 3, 2008 By
This article was written by Simon Hocken of Breathe Business and first appeared in their newsletter. You can subscribe here. The bad news keeps coming from many financial institutions, household names, both here and across the pond. A case of many chickens coming home to roost and hindsight being a wonderful thing. Interesting times. I [...]
