Welcome to IBG, the leading provider of comprehensive accounting and tax services for dentists. At IBG, we understand the financial needs and challenges faced by dentists in the dental industry. Our team of expert accountants are dedicated to providing you with innovative solutions and industry-specific guidance, allowing you to focus on delivering exceptional dental care to your patients.
Whether you are an associate or principal dentist we can help manage your tax affairs and avoid the pitfalls associated with issues such as incorporation.
Services we offer
Accounting and Bookkeeping Our specialised accounting and bookkeeping services ensure accurate and up-to-date financial records for your dental practice. We can handle all aspects of your financial management, including income and expense tracking, payroll processing, financial statement preparation, bank reconciliation and more. With our meticulous attention to detail, you can have peace of mind knowing your financial data is in safe hands.
Our experienced tax professionals understand the intricacies of the tax regulations affecting dentists. We work closely with you to optimise your tax position, identify eligible deductions and credits, and ensure compliance with HM Revenue & Customs (HMRC) requirements. We provide expert guidance on self-assessment tax returns, VAT returns, and tax planning strategies to minimise your tax liabilities.
As industry specialists, we can offer valuable guidance tailored to the specific needs of dentists. We understand the nuances of the dental profession, including NHS and private practice considerations, associate contracts, equipment financing, and practice acquisitions. Our industry insights empower you to make informed financial decisions that drive the growth and success of your dental practice.
We provide in-depth analysis of your practice's financial performance, offering key insights into revenue streams, expense management, and profitability. By assessing key performance indicators (KPIs) such as average revenue per patient, treatment mix analysis and overhead costs. We can help you identify opportunities for growth, improve operational efficiency and maximise profitability.
Our business advisory services go beyond traditional accounting. We act as your trusted advisors, offering strategic guidance to help you achieve your practice's long-term goals. Whether you need assistance with financial forecasting, budgeting, cash flow management or practice expansion plans, our team is here to provide you with customised solutions tailored to your circumstances.
Why Choose IBG?
We have extensive knowledge and experience in serving the accounting and tax needs of dentists, enabling us to provide industry-specific solutions and guidance.
We understand that every dental practice is unique. We take the time to listen to your goals and challenges, delivering tailored solutions that align with your business goals.
We stay up-to-date with the latest tax laws and regulations, ensuring your dental practice remains fully compliant at all times.
We pride ourselves on delivering accurate, reliable, and timely financial services, allowing you to focus on providing exceptional dental care to your patients.