Dental Accountants
Specialist dental accounts and tax experts.
Samera Dental Accountants have been helping the UK’s dentists manage finances, plan their taxes and increase their profits for over 25 years. Whether you are an associate dentist or practice owner, we look after the numbers so you can look after the patients.
As dental practice owners ourselves, we understand exactly what it takes to make a practice run smoothly. From tax filing to financial director services, we make life easier and more profitable for dentists.
Why Choose Samera as Your Dental Accountants
Leading Specialists
Samera Dental Accountants are one of the UK’s leading specialists in tax, accountancy, and financial director services for dentists. Serving hundreds across the nation, our accounts and tax experts can help with all aspects of managing your finances. With options like monthly and quarterly finance director support, we’re here for you every step of the way.
Tailored Solutions
Our comprehensive solutions are designed to seamlessly manage all aspects of your dental business. Whether you’re an NHS or a private dentist, an associate or a dental group, we offer a wide range of financial solutions for all dental professionals. As a Xero Gold Partner, we provide top-notch digital accounting services whether you need tax advice, payroll management or help buying, selling, or starting a dental practice.
Increased Profits
Our tax planning services, cash flow management and financial director services ensure you’re making the most of your earnings while staying compliant. We can help increase your take home pay and boost the profits of your practice. Don’t just take our word for it. Check out our Google reviews.
Practice Owners
We’re not just dental accounts, we are practice owners ourselves. We own and operate our own dental practices, we know what dentists are looking for in an accounts and tax specialist. By choosing Samera as your Dental Accountants, you will be in the safe hands of a team that not only faces the same challenges you face every day, but knows how to solve them.
Choose Samera Dental Accountants for a partner who understands your industry, offers comprehensive services, and is dedicated to helping your business grow.
Arun Mehra and his friendly team have both helped and advised me in all matters of accountancy, raising finance, payroll, furlough support and general business advice. The whole teams collective vast experience and knowledge in all business matters and dentistry is invaluable when you are running any type or size of business.
As a busy dental associate, I have been using Samera Accounting services for over 7 years now and have found them to be highly professional, prompt in correspondence and extremely helpful to any enquiries which I have had.
Arun is very helpful and accountancy goes the extra mile to solve your problems. Overall Samera is a fantastic team, and always had a good experience every time I reached them.
Our Dental Accountancy Services
Accounts for Dentists
Whether you are just starting out as a dentist or are preparing to start your own practice, our dental associate accounts and tax services work more profitable and make life easier for you.
Our accounting team specialise in helping dentist associates like you organise your finances, prepare your tax and increase your profits. You worry about your patients and we’ll worry about the numbers.
Never made me feel silly for the million questions I had, and was always very accessible. 19/20 was my first year with Samera and I wish I had come to them sooner!
Very recommended for dentists, just great, they reply very quick and we are thankful for the unconditional help they offer.
Samera have been my accountant for 7 years and have continued to provide me with accurate accounts and timely submissions. Their digital workflow eases the management of receipts and filing. I have found them to be supportive and knowledgeable particularly during the recent crisis.
Accounts for Dental Practice Owners
As dental practice owners ourselves, we know exactly what challenges you face and what solutions you need. With Samera Dental Accountants, your finances are one thing you don’t have to worry about.
Our accounts and tax experts are trusted by hundreds of dentists across the country and we specialise in helping the UK’s dental practices manage their finances and increase their profits.
Choose Your Package
We offer 3 packages for our accounts and tax services. Each is designed to help you at every stage of owning a dental practice. From start-ups to dental groups, have a look at our packages below to decide which is right for you.
Group Practices
Expand
(billed monthly)
Best for Dental groups that have multiple sites.
- Monthly Book-keeping
- Group wide Payroll
- Associate Pay Calculations
- Monthly group reporting
Single Practice
Grow
(billed monthly)
Best for practices looking to grow their existing site and business.
- Monthly book-keeping
- Payroll
- Monthly reporting
Start-up
Kick-Start
(billed monthly)
Best for start up practices that need quarterly support.
- Monthly book-keeping
- Payroll
- Monthly reporting
Compare all plans
| Expand | Grow | Kick-Start | |
|---|---|---|---|
| Operational Accountancy Services | |||
| Bookkeeping |  | | |
| Book-keeping software | | | |
| Tracking categories | | | |
| Payment run | Monthly | Monthly | – |
| Monthly payroll | All employees | All employees | All employees |
| Balance sheet reconciliations | Monthly | Monthly | Quarterly |
| Management accounts (P&L, balance sheet) | Monthly | Monthly | Quarterly |
| Dedicated Payroll manager | | | |
| Dedicated finance inbox management | | | – |
| Independent preparer/reviewer segregation of duties | | | |
| Associate Pay Calculation | | | – |
| Supplier Payments | | | – |
| Xero-feed dashboards | | | |
| Budget v actuals variance analysis (or trend analysis) | | | |
| Standard financial ratios | | | |
| Sector specific business KPIs and metrics | | – | – |
| Monthly cash flow ‘actuals’ updates | | – | – |
| Advanced Tax Planning | | | – |
| Advance Tax Estimation | | – | – |
| Regular review of funding requirements | | | – |
| 48 hour response time | | | – |
| Annual Compliance | |||
| Annual financial statements | | | |
| Corporation Tax | | | |
| Company secretarial (basic) | | | |
| HMRC investigation cover | | | |
| Personal Tax Returns | | | |
| P11D | | | |
| Data integrity and set up | |||
| Sector specific chart of accounts | | | |
| Samera Alliance – Dental Buying Group | |||
| Access to Level 1 – Dental Buying Group | | | |
| Book a Discovery Call | Book a Discovery Call | Book a Discovery Call |
Case Studies
The Problem
We were approached by a client running a midsized private dental practice, struggling to grow and understand the practice performance.
This was having a detrimental impact on the business, and morale of the team, and the owner was very unsure what they needed to do improve the business performance.
The practice was busy, but not profitable, losses were growing rather than falling. They used their bank account balance as an indicator of performance, without any clarity of what was the root cause of the.
The Solution
The first thing we recommended to the client was to gain visibility of the performance of the business. They had no financial or accounting systems in place and no idea on what they were spending or what they were generating each month.
We implemented a monthly bookkeeping system along with monthly management accounts.
Our team implemented a paperless system using Xero as the bookkeeping package, along with some ancillary Xero apps.
The Result
From these monthly reports, we could begin to see the trends in performance, which associate dentists were profitable and which not.
It also became evident that the nurses were ordering what the associates wanted, with no expenditure controls in place, often with some items lying on the shelves for months.
In addition, no bulk discounts had been requested from suppliers, as we could see from invoice information they were paying too much for many items.
Finally, the practice was busy, too busy, mainly because they were attracting the wrong types of patients seeking low prices, which had a massive impact on the profitability – it was evident their pricing needed a full review, which we aided with.
Six months after the implementation of the system performance had turned around and the owner’s stress levels had dropped massively, the practice now has a clear focus on what they need to do to ensure healthy growth and are well on their way.
The Problem
We were approached by a client seeking to sell their practice in the next couple of years.
The practice was doing well with the principal dentist generating the bulk of the income, but he was well aware that to get the best existing deal, he would need to reduce his hours and have some associate dentists generate a larger amount of the income.
The main reason for him contacting us was for the practice to reduce its reliance on him, whilst generating a similar level of income.
The owner had little understanding of his cost base or which of his existing team were profitable for his practice, as he was largely subsidising the underperformance of some dental associates.
The Solution
The first step involved implementing a robust bookkeeping and accounting system to ensure we had the visibility of performance.
Monthly bookkeeping and management accounts using Xero was implemented, which provided clarity of performance.
Through seeing the monthly numbers together with the owner we could recommend areas to reduce costs, but also identify unprofitable services and associates within the team.
The Result
Over a period of 18 months, the full time wet-handed owner reduced his clinical time to just I day per week, whilst he worked on the business, optimising performance, training team members and actually growing his profitability.
After 2 years he decided to put the practice on the market for sale. He received multiple offers, at multiples higher than the norm, as he was not generating the lion’s share of the income.
In addition, with the business not so reliant on him, his tie-in was only 6 months after the sale.
A great result for a lovely client.
I have been with Samera accountants for many years now. I find them professional and efficient. Whenever I have any point to be clarified, they are reachable and communicate very well. Looking forward to continue with them. Recommended!
Just brilliant ever since I changed from my previous accountant.. quick to reply, his team was very efficient and professional. He even replied to my emails late in the evening and made sure that things were done on time. The service was outstanding, reassuring and very helpful. I’ve been recommending Samera to my colleagues and my family. I wish other companies could replicate this level of customer service.
Excellent accountants!!
Team
Natasha Gnanapragasam
Accountancy Senior Manager
Charles Suthakran
Accountant
Karyn McElhinney
Payroll Administrator
FAQs
Do you have further questions?
If so, please send us a message via our contact form.
Are there any one-off or set up fees?
Yes, there’s a transition fee equal to one month fee. However, depending on the complexity of your business and current state of your finance function you may need additional transformational support which we would discuss with you.
When I prepay for a year, does that lock in my price?
No, if your business grows in transaction credit volumes, frequency of support or complexity we will rebase your fee and invoice you for the difference for the remaining months of your plan. You will also be entitled to the same discount on any increase. However, we won’t increase your fee for inflation within your plan period.
What’s your cancellation policy?
All clients are on an initial 12 month period, after which 3 months notice is required if you decide to leave.
Will I get a discount if I prepaid for the year?
Yes, we offer a 10% discount if you pre-pay your fees a year in advance.
How do prices change as I grow?
We monitor transaction credits and payroll numbers on a rolling three-month basis and rebase our fee accordingly. Transparency is really important to us, so we’ll always talk to you before we change our prices. Your price will also change if your scope of services changes e.g. frequency of support and reporting, complexity of your business, and ad hoc projects.
What if I’m part way through my financial year when I join Samera?
If you are less than three months into your new financial year, there is no additional cost. If you are more than three months into your new financial year, we pro rata your annual compliance costs (statutory accounts and Corporation Tax).
What’s a transaction credit?
Transaction credits are how we track bookkeeping volumes.
- 1 bank spend transaction = 1 transaction credit.
- 1 purchase invoice = 2 transaction credits.
- 1 sales invoice (where in scope) = 2 transaction credits.
We review transactions credits on a rolling three-month basis and automatically increase your scope and fee accordingly.
Note: No transaction credits are used where sales invoices are raised through integrated systems or by your team members directly.
Resources
-
Payroll for Dentists
In this guide, we’ll break down everything you need to know about payroll so you can run your practice smoothly.
-
How to Manage Accounts for a Dental Group
Six Essential Steps to Managing the Finances and Accounting of Your Dental Group or DSO (Dental Service Organisation)
-
Bookkeeping Tips for Dentists
In this article, we’ll give you essential tips and methods to help you make your financial tasks easier.
Dental Accounts & Tax Specialists
As dental practice owners ourselves, we know what makes a clinic tick. We have been working with dentists for over 20 years to help manage their accounts and tax.
Whether you’re a dental associate, run your own practice or own a dental group and are looking to save time, money and effort on your accounts and tax then we want to hear from you. Our digital platform takes the hassle and the paperwork out of accounts.
To find out more about how you can save time, money and effort on your accounts and tax when you automate your finances with Samera, book a free consultation with one of our accounting team today.
Dental Accounts & Tax: Further Information
For more articles, webinars and blogs on dental accounts check out the dental accountancy section of our Learning Centre and follow us on Facebook, LinkedIn, YouTube and Instagram.
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