Jon Drysdale

Jon Drysdale

Author at Dentistry Online

Jon Drysdale is an independent financial adviser and director of PFM Dental. You can visit the website at www.pfmdental.co.uk.
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How will the Autumn Statement affect dentists?

George Osborne delivered his Autumn Statement yesterday and there are some changes that will affect dentists. Business rates By the end of this parliament, the local Government will keep business rates revenue. Elected mayors will, subject to certain conditions, be allowed to raise business rates as the uniform rate is abolished. Apprenticeship levy A levy … Continued

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New associates: are your earnings safeguarded?

Jon Drysdale offers advice on income protection. I have in recent weeks been contacted by a number of dentists starting their first self-employed position in practice who are concerned about their income protection cover. All too often the insurance policy that is suitable during foundation training defaults to a standard, and less than adequate, income … Continued

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Dentists may end up paying less tax

George Osborne, delivered his second budget of 2015 today. Following the promises made in the election campaign the main focus was, unsurprisingly, on cuts to welfare spending. Two tax measures will benefit most dentists First, the higher rate threshold will increase from £42,385 in 2015-16 to £43,000 in 2016-17. This will undoubtedly benefit many dentists … Continued

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Budget 2015 – good and bad news for dentists

The Chancellor of the Exchequer, George Osborne, delivered the last budget of this parliament recently. Tax cuts Big tax cuts for income tax payers and help for savers through greater flexibility on ISAs. With the majority of dentists being higher rate tax payers, this is positive news. Simplification of the tax system was announced with … Continued

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Your practice in 20 years

Jon Drysdale looks into his crystal ball to see what your practice may be worth in the future. Let’s begin by looking back 20 years and speculate what your practice might have been worth in 1995. Where do we start? There are no collated records to show goodwill values of dental practices back in 1995. … Continued

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