Danger Of Incorporating Practices
It is not part of a dentist’s practice to understand the intricacies of incorporating a small business, which you may well be undertaking on the advice of your accountant, who may not be dentally experienced themselves. An incorporation which is not properly and...
The difference between a contract and a deed
As a dentist, it is important to understand the difference between a contract and a deed. Both of these documents are commonly used in the dental industry. We will explore the differences between a contract and a deed, including their purpose, legal requirements, and...
Working Through An Umbrella Company
Working Through An Umbrella Company The off-payroll working rules are unlikely to apply if you are employed by an umbrella company. What happens if the rules apply? The party responsible for applying the rules must determine whether the worker is employed for tax...
Dental Practice Purchase Completed in York
Congratulations to Joanne Nurse on the acquisition of a share in Adventurers Day Nursery in York. Joanne now becomes co-owner of the nursery with Helen Nurse. Many thanks to everyone involved in the transaction, especially Amardeep Nangla for his work done on the...
Principal vs. Associate-Led Dental Practices: A Financial Analysis
Understanding the Leadership StructureThe leadership structure of a dental practice can significantly impact its financial performance. There are two primary models: Principal-led and Associate-led. Principal-led: In this model, the principal dentist owns and...
Why Your Dental Partnership Needs An Agreement
Congratulations! You've decided to join forces with a fellow dental professional and open a practice together. An exciting venture, but before you start scheduling patients, a crucial step is establishing a strong partnership agreement. Here at Jacobs Legal dental...
How To Choose The Right Dental Lawyer
Choosing the Right Dental Lawyer in the UK IntroductionNavigating the complex world of dental law can be daunting, especially when faced with issues such as disciplinary proceedings, contract disputes, or patient complaints. That's where a specialized dental lawyer...
Creating A Budget Assessment For A Dental Practice
Budget Assessment for a Dental PracticeUnderstanding Your Financial HealthA comprehensive budget assessment is essential for any dental practice to ensure long-term financial stability and profitability. By evaluating the costs of running your practice against your...
Can A Non Dentist Own A Dental Practice?
Owning a Dental Practice Without Being a Dentist in the UK. Yes, it is possible to own a dental practice in the UK without being a dentist yourself. However, there are specific regulations and requirements that must be met. Key Requirements: Limited Liability...
Do Dental Practice Managers Have To Be GDC Registered?
No, dental practice managers do not need to be GDC registered. However, they must have a good understanding of dental practice management principles and be familiar with the relevant GDC regulations. While GDC registration is not required for dental practice managers,...
Do You Have To Be GDC Registered To Own A Dental Practice?
There are three ways in which you can own a dental practice: - As a sole trader As a partnership As a limited company As a sole trader or partnership, you must be a GDC registrant and a practising dentist in order to own a dental practice. In a limited company, as...
Navigating the Maze: A Step-by-Step Guide to Selling Your Dental Practice
Selling your dental practice can be a complex but rewarding process. At Jacobs Legal, we understand the importance of clear guidance during this exciting transition. Here's a breakdown of the key steps involved: Finding the right Buyer/Seller: This initial stage...
Will and Probate Solicitors Near Me
Solicitors specialising in wills and probate focus on legal issues related to wills, trusts, and estates. They offer crucial services such as creating wills, setting up trusts, managing estates after a person's death, and overseeing probate proceedings. Here are some...
Dental Partnerships Empower Practitioners
Like business partnerships, dental partnerships empower practitioners to pool their resources, share knowledge, and create a synergy that propels their practices toward unparalleled success. In today’s competitive landscape, dental partnerships offer an alluring...
UK Dental Practice Business Sales
The dental industry is very active with regard to buying and selling dental practices. It is becoming increasingly common for dentists to purchase existing practices and for owners of existing practices to sell and retire. Selling a dental practice can be a complex...
Things to Consider While Choosing a Dental Solicitors
Choosing a dental solicitor to handle legal matters can be difficult and intimidating. The following are the key things you should consider while selecting a solicitor: Reputation and Track Record A dental solicitor’s reputation and track record indicate their...
Experienced Dental Solicitors For Your Dental Business Needs
Navigating complex legal procedures and regulations related to the dental industry can be overwhelming. Jacobs Legal provides specialist knowledge and experience that can make a huge difference.Jacobs Legal can resolve disputes efficiently and effectively while...
Jacobs Legal Team Celebrating 3 years with Nexa
Celebrating 3 years with Nexa – doesn't time fly when you're having fun! I've spent the last 3 years, just as I did the previous 10, specialising in acting for dental practitioners, both in the acquisition and sale of their dental practices. I continue to find this an...
How will the rules affect dentistry?
Under tax IR35 legislation due to come into force on 6 th April 2023, ‘dental associates’ may no longer be classified as self-employed. From 6th April 2023 businesses will be obliged to consider whether IR35 applies to their engagements with personal service...
HMRC and associate self-employment
HM Revenue and Customs (HMRC) is due to change an important long-standing piece of advice from April 2023. HMRC has for many years accepted that associate dentists are almost always self-employed. Its guidance has included mention of the BDA associate agreement in its...
CHECK EMPLOYMENT STATUS FOR TAX (CEST) TOOL
WHAT YOU NEED TO KNOW This is a issue that is affecting every dental practice across the country and dental solicitors specialist advisers (lawyers and accountants) have been paying close attention to it. The categories listed below are those referred to by HMRC. The...
DENTISTRY AND IR35
Jonathan Jacobs, specialist dental solicitor at Nexa Law, looks at the implications for IR35 on the dental profession. IR35 has been around since 2017 and only now is it to apply to the dental profession. In order to appreciate the implications for dentists, it is...
Working Through An Umbrella Company
The off-payroll working rules are unlikely to apply if you are employed by an umbrella company. What happens if the rules apply? The party responsible for applying the rules must determine whether the worker is employed for tax purposes. You can use the check...
GDC -v- Williams
There is a need for clearer NHS regulation on mixing NHS and private charges as, the assumption that mixing was prohibited is wrong. This case brings to the fore issues concerning professional regulation in dentistry, the conduct of the GDC and the legal teams that...