Examples of Expenses Dentists can claim tax relief upon
Dental practitioners who are Self Employed, can claim tax relief on various expenses such as the following:
- Business Travel – including other dental practices, temporary workplace, training events
- Car expenses and fuel
- Dental & Medical equipment
- Home office related expenses
- Cleaning allowances and laundry costs
- Dental subscriptions and fees
- Continuing Professional Development (CPD) costs
- General Dental Counsel (GDC) registration
- Professional indemnity insurance
- Pension & Superannuation contributions
- Professional services – accounting, legal, marketing
Dental practitioners who are Employed, who work under an employment contract, can still file a tax return and can claim additional tax relief on the following:
- Superannuation contributions
- Travel costs to and from temporary places of work and training events
- Continuing Professional Development (CPD) costs
- General Dental Counsel (GDC) registration
- Professional indemnity insurance
- Dental subscriptions
Note this list is not comprehensive, and does not cover all possible expenses. Simply phone us on 020 4577 1565 for expert advice.
Contact Dental Accounting today to access expert accounting and tax services. Feel free to reach out with any inquiries or concerns you may have. At Dental Accounting, we are dedicated to providing assistance and guidance, and a commitment to providing true financial value to you.
Disclaimer: The content is provided for informational purposes only and maybe referenced from external publications.
