Principal Dentists

Proactive accountancy advice for Principal dentists

The financial complexities of running a dental Practice can be challenging to manage alongside your day-to-day dental work. Luckily, here at Morris & Co, we understand all the intricacies of dental accountancy and can provide a comprehensive and proactive service to manage your Practice finances.

From annual accounts preparation and completion of tax returns, to specialist tax saving advice and Practice planning, as well as advice on Practice sales and purchases, our proactive team love nothing more than helping dental Principals and their Practices thrive.

Annual & management accounts

We’ll prepare your Practice’s annual accounts in a timely manner and then sit down to discuss these with you, to start looking at planning for the future. We know there can be a lot of jargon when it comes to Practice accounts. With Morris & Co, you get a plain-speaking, friendly team of expert dental accountants who will provide meaningful meetings to help you gain a better understanding of your accounts.

We can also look after your payroll and quarterly management accounts using our bookkeeping service on Xero. We’ll get you set up with our bookkeeping app so you can submit your income and expenses to us throughout the year, making the whole process easy and hassle-free.

Tax planning and advice

As part of our tailored service, we’ll complete your tax returns and all necessary tax compliance work throughout the year.

We’ll also sit down with you throughout the year to look at tax planning opportunities, and our responsible yet expert approach means we’ll help you pay as little tax as possible whilst remaining compliant.

When the time comes to sell your practice, we’ll provide Capital Gains Tax advice to help you manage the implications and navigate a complex change in your financial circumstances.

Practice purchases, sales & finance

When it comes to Practice planning, we’ve got you covered. From writing a Practice plan, valuing your Practice, or negotiating an acquisition or a sale, our experienced team of dental accountants and business advisors are here for you every step of the way.

If you need help raising funds to grow and develop your Practice, our funding team will work with you to find the best option for your needs. Whether you want to set up a new Practice, expand an existing one, invest in equipment or refurbish your facilities, our team’s expert knowledge of the dental industry, combined with years of experience sourcing funding for our clients means we’ll be able to tailor a solution perfect for your Practice.

Pension advice

Our team of dental accountants are experts on all matters to do with NHS pensions. We’ll complete the NHS Pensions Annual Reconciliation Report and advise throughout the year on performer NPEs.

For higher earning NHS dentists, we are able to calculate their pensions Annual Allowance Charge, advise on the impact of this on their NHS pension, and advise on ways in which the Annual Allowance Charge may be reduced. If you have incorporated, we’ll also advise you about the implications of incorporation on your allocation of NHS pensions contributions.

Contact Details
Email

dentists@moco.co.uk

Telephone

0151 348 8400

Address

Chester House, Lloyd Drive,
Cheshire Oaks Business Park,
Ellesmere Port, Cheshire,
CH65 9HQ

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