Are you aware of the benefits of incorporating?
Are you aware of the benefits of incorporating?
Incorporation allows you to draw a line between yourself and your dental business

This week I wanted to share with you a short animation we have created regarding incorporation and its benefits.

Many soletraders aren’t aware of what they are missing out on by staying self employed, such as tax benefits and savings. By incorporating you are taking back control of your professional world whilst having a bit more freedom and flexibility when it comes to money you take and spend from the business. You are essentially seperating yourself from your dental business ensuring there are no blurred lines when it comes to spending and tax.

Watch the short clip below for further details.

 

If you have any questions regarding incorporation and whether it’s right for you, please get in touch. We’re here to help you make that all important and beneficial change.

The information contained in this article is based on the opinion of Hive Business and does not constitute formal tax advice. Any tax outcomes will be based on individual circumstances, tax legislation and regulation, which are subject to change in the future. You should seek specific advice before embarking on any course of action. Hive Business does not provide regulated Financial Advice, including advice on investment, insurance or lending products or their suitability for you. This article is provided for information only and does not constitute, and should not be interpreted as, investment advice or a recommendation to buy, sell or otherwise transact, or not transact, in any investment including Bitcoin and other crypto. Any use you wish to make of any information contained within this article is, therefore, entirely at your own risk.

By Simon Vincent Senior Tax Accountant
If you have any questions or comments about this article, please get in touch.
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