The official Retiring Dentist blog.
With recent updates from the Autumn Budget 2024, dental practitioners considering selling their practice may want to accelerate their plans to avoid new financial pressures due to changes in NHS pension contributions and capital gains tax adjustments. Both buyers and sellers need to understand how these changes affect valuations, financial expectations, and the timelines for sales.
If you own a dental practice that still includes NHS services, you've likely felt the pressure of a rapidly changing industry. With fewer associates willing to service NHS patients, many practices are considering dropping the NHS element altogether. However, before making that shift, now might be the perfect time to consider selling your practice. Here's why acting sooner rather than la...
Purchasing a dental practice is an exciting yet complex venture, and due diligence plays a crucial role in making sure you understand what you're getting into. In the UK, the process can feel lengthy and drawn-out, with multiple legal, financial, and operational aspects to consider. However, by applying smart strategies, you can speed up the process without sacrificing thoroughness—sa...
Selling a dental practice is a significant decision, often representing the culmination of years of hard work and dedication. Whether you're planning to retire, pursue other opportunities, or simply transition out of ownership, the process requires careful planning and consideration. As a dental broker, we understand the complexities involved in selling a practice and are here to guide you ...
Dentists Point Of Power
1. Ownership.
2. Accountability.
3. Responsibility.
---------- Point Of Power-----------
4. Excuses.
5. Blame.
6. Denial.
Rob is a coder; Rory gets us to the top of Google.
They have put a point of power poster on the IT office wall, and ...
Has your dental practice been hit with severe delays? You're not alone. Almost half of respondents have reported dental appointment and dental treatment setbacks in the last 12 months. This is staggeringly higher than GP surgeries at 30%, hospital services at 16%, and mental health support at 11...
Use your dental funds wisely
You may have been one of the dentists who helped fundraise for the Covid crisis in India recently.
If so, you’ll be proud to hear the campaign Nilesh Parmar launched, has raised more than £40,000, and donations are continuing to rise…
Perhaps this isn’t the right time for you to donate however.
Perhap...
Five Ways to lower your Carbon Emissions
The UK government has recently announced plans to speed up its climate change target and cut carbon emissions by 78% by 2035.
You may be wondering how you can help with these figures…
Or whether that is possible at all.
It is.
Here are five ways to help you do your bit…
...
To gain tax, or not to gain tax…
That is the question.
And one that was answered with the dreaded reveal of the Budget a few days ago…
Surprisingly, it was good news! Capital Gains tax did not increase.
Not only is it staying put for this year, but it has been frozen until 2026.
Which makes it the perfect time to acquire a Dental Surgery.
...
Is the end in sight for you?
It seems the government may finally have us on the road to recovery…
On the 8th of March children go back to school, which I’m sure we’re all pleased about.
On the 17th of May we can see people who aren’t in our household.
And on June 21st we can all be free. ...
Retiring Dentist
Unit 6
Highfield Business Park
Ripon
North Yorkshire
HG4 2RN
01765 698 699