Dentistry needs a safety net – support the BDA’s initiative.

The BDA continues to step up to the plate on behalf of dentists in the UK. All members will have had an email from the BDA today asking them to write to their MP regarding the fall out from the Corona Virus Pandemic. “The impact of the COVID-19 pandemic is being felt across our profession.   ManyContinue reading “Dentistry needs a safety net – support the BDA’s initiative.”

The snowflake economy

From today’s RBS Chief Economist Weekly Brief If your business depends upon discretionary spending take note: Buy now, pay later. The retail sector has had a tough start to the year with some big names heading into administration. Last week’s snow will have made things even worse as shoppers stayed away from the high street.Continue reading “The snowflake economy”

I never understood modern car loans and now I know why.

In the days when I used to borrow money to buy a car I understood what I was doing. Price was £X000 borrow money at Y% over 3 years means you repay £Z every month until you can either enjoy loan free driving for a year or two or start again. Then the game changedContinue reading “I never understood modern car loans and now I know why.”

Dental associates; workers or self-employed? The tide is turning…. from JFH lw

Laura Pearce, Senior solicitor at JFH law has written a an informative blog post on the changing position of associates in the eyes of HMRC. Since the Central London employment tribunal handed down its decision in the Uber case on 28th October 2016, the courts have been awash with claimants seeking to gain worker status.Continue reading “Dental associates; workers or self-employed? The tide is turning…. from JFH lw”

Pharmacists – another endangered species?

The Minister for Community and Social Care (Alistair Burt) spoke in Parliament on 24 May 2016 a few days before he silver tongued the BDA conference with similar words after which I wrote, “Much of his speech we have heard before and it did little to convince me that (NHS) dentistry is anything other thanContinue reading “Pharmacists – another endangered species?”

Sidney Toledano on numbers.

I have recently worked with a couple of clients who have been obsessing about and dominated by numbers – it turns out that a previous adviser had insisted that they use systems where everything is counted, measured and future performance is predicted. The problem is that many of the predictions were unrealistically optimistic and theContinue reading “Sidney Toledano on numbers.”

Summer soft patch significant? – from RBS Chief Economist’s Weekly Brief

Here are a some of the stats that leapt out at me. The full report is here. Italics are mine. Weak signal. The soft patch for British business continues, according to the latest Purchasing Manager’s Index, with activity remaining subdued in each of the UK’s three main sectors in May. Manufacturing output, at 50.1, justContinue reading “Summer soft patch significant? – from RBS Chief Economist’s Weekly Brief”

“Be Careful With Tax Avoidance..”

Here’s an extract from the most recent newsletter from Ray Prince and Graeme Urwin at Rutherford Wilkinson Ltd. I bumped into Ray at The Dentistry Show recently. A short while later I met someone who told me he had been talking to an accountant who guaranteed to cut his tax bill by a half. AllContinue reading ““Be Careful With Tax Avoidance..””

NASDAL results show growth in private practice profits.

NASDAL – the National Association of Specialist Dental Accountants and Lawyers – today released their analysis of client figures for the year ending April 2015. Full report in Dentistry Online here. Key points are: The UK dental market has continued to grow at a rate of around 4.4% with relatively unchanged costs and a prolongedContinue reading “NASDAL results show growth in private practice profits.”

Does this apply to (some) dental corporates?

I read the obituary of Sir Adrian Cadbury in the weekend FT. After a distinguished career as an athlete, businessman and administrator he has died aged 86. Long after he left the firm, that was named after his ancestor John Cadbury, the company was controversially taken over by Kraft in 2009. He and his youngerContinue reading “Does this apply to (some) dental corporates?”