The tax landscape for dental professionals is undergoing a revolutionary transformation with Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) set to begin in April 2026. This comprehensive webinar unpacks what this means for dentists and how to prepare for this significant shift in financial reporting.

For self-employed dental associates and practice owners earning over £50,000 in gross fee income, quarterly digital tax reporting will soon replace the traditional annual self-assessment. Rather than the familiar January rush, you'll need to submit updates every three months plus an annual finalisation. While this represents an additional administrative requirement, it also creates opportunities for more responsive financial management and tax planning.

The heart of MTD compliance lies in digital record-keeping. Paper receipts and manual systems won't suffice – you'll need HMRC-approved software that can track all business transactions and submit information directly to the tax authority. Separating business finances becomes crucial; dedicated bank accounts and credit cards for your dental work will simplify compliance significantly. The phased implementation means those earning between £30,000-£50,000 will join in 2027, followed by those earning £20,000-£30,000 in 2028.

We explore practical considerations including software selection, registration through accountants, and how the pilot program offers a penalty-free opportunity to test the system before mandatory implementation. While MTD admittedly increases the administrative burden for dental professionals, it also provides greater visibility of your financial position throughout the year, allowing for more strategic tax planning and potentially improved business decisions.

Ready to prepare your dental practice for the digital tax era? Book a consultation with our specialist dental accountants to assess your MTD readiness, explore software options tailored to your practice, and develop a compliance strategy that minimizes disruption while maximizing potential benefits.

Struggling with the burden of high-interest loans in today's volatile economic climate? This episode promises to arm you with strategies to manage those financial pressures, especially if you're part of the dental industry. We'll dissect the recent surge in interest rates and what it means for your monthly payments and cash flow. Learn how to navigate this shift from a seller’s to a buyer’s market, ensuring your practice is presented in the best possible light for potential buyers.

Do you know how refinancing could transform your business's financial health? We shed light on the strategic advantages of refinancing business loans, from lowering monthly repayments to consolidating short-term, high-interest loans into a single manageable one. Discover how you can free up capital for investment or savings and even remove extra security like a second charge on your property, simplifying your financial management. Our real-world examples will illustrate how even small interest rate reductions can lead to substantial savings over time.

Maximize your practice's financial deals by comparing offers from multiple banks, and learn the benefits of joining a buying group to slash costs on essentials like consumables and utilities. We'll also explore how these cost controls can impact your practice's valuation if a sale is on the horizon. Plus, we address a listener's query about securing finance for a startup, stressing the importance of refinancing options and leveraging resources for stability. Don’t miss our wrap-up where we address your final questions and provide further guidance. Tune in for comprehensive insights and actionable advice to navigate the current financial landscape.

Are you prepared to master the complexities of dental group finance and growth strategy? In this episode, we promise you'll uncover the secrets of organizing accounting and finance functions to maximize the value of your dental practice or DSO. With over 20 years of experience, our host Aaron shares his expert advice on structuring acquisitions, managing finances, and avoiding common pitfalls. Whether you manage a single practice or are expanding into a dental group, learn how to implement best practices for long-term planning and operational efficiency.

Discover the transformative power of optimizing your accounting and technology processes. Aaron discusses the advantages of a holding company structure for managing multiple business entities, emphasizing tax efficiency and transaction simplification. Learn about the best technologies and software, such as Xero, Sage, Approval Max, and Telluride, that can revolutionize your financial management. Understand the importance of standardized charts of accounts, centralized purchasing, and hierarchical approval mechanisms to enhance your practice's efficiency and accuracy.

Finally, gain insights on the necessity of regular financial and accounting health checks to maintain a robust financial framework. Aaron provides real-world examples illustrating the consequences of poor bookkeeping and offers essential tips for accurate financial management. Learn to adopt a systems-based mindset and leverage external expertise to make informed, data-driven decisions. Discover the critical need for clarity in financial numbers when scaling up operations, managing larger borrowing, and navigating increased risks, ensuring your dental group's financial health and future success.

Is your dental practice ready for sale? Many dentists find themselves unprepared for the complex process of selling their practice, especially in today’s volatile market. Aaron and Dan are here to guide you through every critical step. Starting with an analysis of current market trends, we unpack the growing preference for private squat practices amid high-interest rates and a slowdown in corporate acquisitions. Discover why it's crucial to adapt your business model now and how to navigate the economic uncertainties that might otherwise delay your plans.

Planning to sell your practice involves more than just a decision—it's a strategic, multi-year endeavor. With Aaron and Dan’s expertise, you'll learn why planning at least two years ahead is essential for maximizing your practice's value. We discuss whether to sell outright or retain elements like the freehold, and the implications of staying on post-sale. Plus, uncover the importance of accurate financial data, specialist advisory teams, and a strong network to attract serious buyers. Don't miss this episode loaded with valuable insights for any dentist contemplating the sale of their practice.

In this episode, Chris and the finance team talk about the Samera Dental Buying Group, what it is and how it can help dentists get exclusive deals on their products, consumables and services absolutely free!

In this recording Arun and Dan discuss the tactics to manage interest rates and control the impact of inflation in your dental practice.

In this episode, Chris talks to Dan and Nigel about financing a new dental practice, whether you're starting from scratch or buying an existing practice.

In this episode, Chris, Dan and Nigel discuss the how, when and why about buying the freehold of your leasehold property.

• Are freeholds available?

• Is it worth asking if they are for sale?

• What are advantages of buying over leasing?

• Do banks lend over a longer term?

• What loan percentage is available?

• How do I structure the purchase – ltd company?

• Are banks still lending?

• What rate can I expect on the loan?

• What would I need to take forward an application?

• Why use a broker?