This week I wanted to share our most recent tax update with you. We had a fairly uneventful Budget at the end of October which has given us a pretty stable tax landscape until the next Budget in March next year.

With this in mind, last week we completed an incorporation for one of our clients and saved him £200k in tax for the year ahead. Not only this, there will be considerable tax savings in the years to come as he draws down his director’s loan account. This isn’t a trick, it’s a straightforward process that you can take advantage of. The longer you delay, the longer it will take you to see those kind of savings.

Watch the video below to hear me and our resident Chartered Tax Accountant, Simon Vincent, discuss the tax opportunities available to dentists if they act now.