In this video, Ross and Simon explain the difference between tax compliance and tax advice using simple dental analogies.

They describe tax compliance as the routine “check-up” — preparing accounts and filing tax returns, which all accountants provide. Tax advice, however, is more proactive and strategic. Hive’s specialist Projects Team helps dentists identify opportunities to save tax and structure their businesses more efficiently.

Simon highlights that many dental associates could benefit from incorporation but aren’t being advised on it. They also discuss key moments when tax planning is valuable, such as practice purchases, restructuring, or major life events.

Hive offers a free, no-obligation initial consultation to explore your potential tax-saving opportunities.

If you’d like clarity on whether you’re structured in the most tax-efficient way, get in touch.