Dentists Who Invest Podcast

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————Your dental limited company can be brilliant for control and planning, but it can also leave you staring at a growing bank balance you cannot access without a hefty tax hit. We sit down with specialist dental accountant David Hossein to lay out the real-world options for extracting wealth tax efficiently, from the basics (salary, dividends, expenses) to the lesser-known moves that can make a meaningful difference over time. We get specific on what HMRC typically accepts, what needs evidence, and what tends to cause trouble. That includes the £100,000 income cliff edge, how employer pension contributions can reduce corporation tax, and the practical checklist of allowable expenses many UK dentists miss. We also dig into the grey areas listeners always ask about: course travel, business meetings, employing family members, directors’ loans, trivial benefits, and why vouchers are not treated as “non-cash” in the way people assume. If you are investing through companies or thinking about buying or selling a practice, this matters even more. We explain why property often sits in an SPV, how intercompany loans work, and the “trading company vs investment company” trap that can put Business Asset Disposal Relief (BADR) at risk. For principals, we outline planning ideas around share sales, holding companies, substantial shareholding exemption, and even how surplus cash might be treated on a sale when contracts are drafted correctly. If you find this useful, subscribe, share it with a colleague, and leave us a review so more dentists can find smarter, calmer ways to handle tax and build long-term wealth.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan MailSend us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————A cancelled appointment shouldn’t turn into dead time, and a tiny shadow on a radiograph shouldn’t become a missed diagnosis. That’s why we’re paying close attention to the practical side of AI in dentistry, not the hype. After walking the exhibitions and seeing what’s actually working, we break down the AI tools that can genuinely make a dental practice run smoother and safer.We talk through AI receptionists and voice agents that integrate with practice management software via API connections, monitor your diary, and automatically call a waiting list to refill last-minute gaps, even running multiple calls at once. We also dig into the human side: why obvious AI can feel off-putting, where patients still want a real person, and why the likely future is AI that frees up your team rather than replaces them.On the clinical front, we explore AI radiograph diagnosis and how tools such as Pearl-style systems can act as a consistent second set of eyes for caries detection, helping you move faster while staying clinically and medico-legally protected. Then we move into AI that listens to calls and provides coaching feedback, plus dental AI note-takers that draft structured records quickly, along with the non-negotiable safeguard: you must review for hallucinations, missed priorities, and audio errors before anything becomes part of the clinical notes.If you want more of this thinking live, we also mention the Business of Dentistry event on 9 May at the Eastside Rooms in Birmingham. Subscribe for more practical dentistry, money, and time-leverage conversations, share this with a colleague, and leave us a review with the AI tool you’re most curious to try.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————A SWAT officer in one of America’s most dangerous cities retires at 28, then spends the next 18 years teaching the mindset mechanics that got him there. That’s the story “Neo” brings to our chat, and we dig into what “thoughts become things” looks like when you strip away the hype and treat it like a daily practice you can train. If you’re a dentist who feels stuck, stressed, or quietly burned out, this conversation is built to give you language and tools that you can actually use between patients, on the commute home, or when your brain will not switch off.  We talk about money mindset and financial freedom, but we keep coming back to something deeper: attention. Neil breaks down why most of our 65,000 daily thoughts run on autopilot, how the ego fights new goals by dragging you back to “reality”, and why meditation is less about being mystical and more about learning to hold a calm inner state on demand. We explore affirmations that work because your nervous system believes them, the “knot” feeling that tells you when a phrase is backfiring, and a powerful reframe: ask better questions so your subconscious starts searching for solutions instead of your ego shouting you down.  Neil also shares the “watcher” and compound visualisation techniques that helped him make bold changes fast, plus a simple habit he calls “waking up” throughout the day to interrupt the rat race and reset your mind.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————Renovating a dental practice can feel like writing cheques into a black hole. Chairs, HVAC, electrics, partitions, compliance work, reception fit-out, lighting, plumbing, fire systems… the invoices stack up fast, and the tax impact is usually treated as an afterthought. We want to change that. Tax relief through capital allowances can turn a big chunk of commercial property and fit-out spend into real cash flow, and when it’s done properly it is solid, HMRC-recognised planning rather than anything gimmicky.We’re joined by Chris Lonergan from Bonham and Brooke, a specialist team that blends tax, accountancy and quantity surveying to find what many practices miss. We unpack the key categories dentists need to know: structures and buildings allowance (slow, 3% per year) versus plant and machinery allowances (often far faster). Chris shares a real dental fit-out where around £470,000 of £471,000 spend qualified, and explains how that can translate into tens of thousands in corporation tax savings or even a six-figure income tax repayment for the right circumstances.We also get practical on the “who can claim and when” questions: what happens if the property sits in a SIPP, how allowances can be unlocked when you buy from residential use, a charity or a developer, and why leasehold improvements can still qualify because the relief follows the party who paid. Then we finish with the weird but real edge cases that show why itemised invoices and specialist review matter, right down to doors, hinges and functional finishes.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————Interest rates have spooked a lot of dentists into hitting pause on practice ownership, but that pause can quietly become a habit. We talk through a calmer way to think about buying your first dental practice in the UK, using the lens lenders actually use: long-term serviceability, realistic stress-testing, and the underlying performance of the practice itself rather than a single base-rate snapshot.Kevin, a specialist dental finance broker, shares what he has seen in the market over the last few years, including why first-time buyers all but disappeared when rates rose and why goodwill values softened at the same time. We dig into the idea that a practice purchase is usually a 15 to 25 year commitment, so “waiting for the perfect rate” can be the wrong game. If the numbers work today, banks typically model affordability at higher rates anyway, and the real question becomes whether the practice can fund the debt and still pay you what you need.We also get honest about what new owners struggle with most. It’s often staff, leadership, and the first-year reality that you may earn less while you stabilise and grow the business. From there we move into practical funding detail: longer goodwill terms, renewed bank appetite, and when 100% finance is possible, including how loan term choices can matter more than small rate differences. We finish with what lenders look for in your personal finances, CV, and “background assets” like property, ISAs, pensions, or cash, plus what changes when you buy a second practice and how you split your time.If you found this useful, subscribe for more UK dentist finance and practice ownership conversations, share it with a colleague who’s thinking about buying, and leave a review with the one question you want answered next.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————A drill-free future sounds like marketing hype, until you see the tools that are already changing day-to-day dentistry. Dan joins me for a wide-ranging, practical chat that starts with career reflection and ends with a clear view of where digital dentistry and AI are genuinely useful, where they raise hard questions, and how practice owners can respond without losing the human side of care.We dig into what happens when you understand both the clinical and laboratory sides of restorative work and why digital workflows make accountability unavoidable. That leads to the uncomfortable truth many dentists share: perfectionism can be built into the job, because “perfect” is not a single standard. It shifts with anatomy, materials, patient expectations, and the judgement calls you can’t reduce to a checklist.From there, we look at the new wave of dental AI and innovation we’re seeing at shows: Pearl Dental AI as a communication and diagnostic support tool for spotting early caries on radiographs, and Curodont as a peptide-based treatment approach aimed at remineralising suitable early lesions rather than automatically reaching for the handpiece. We also explore “robo reception” systems that can answer calls at scale, handle bookings, and reduce pressure on front-desk teams, while still protecting boundaries around medical advice and safeguarding.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————Want gold exposure but not sure whether you should buy a bar, a fund, or something more speculative? We dig into the real reason people reach for gold in the first place, and it is not because it has the best long-term return. We contrast gold’s historic performance with equities, then get specific about what gold is actually good for in a UK investment portfolio: diversification, an inflation-aware store of value, and a hedge against the failure of paper promises.We also unpack the key tension that trips most investors up. If you buy gold to diversify away from the financial system, you need to think hard about custody and counterparty risk. Physical gold in your own possession is the “pure” form, but storage and security become your problem. Use a vaulting provider and you gain convenience, yet you reintroduce trust in a company that could fail. We talk through UK-specific tax angles too, including Capital Gains Tax on disposals and the useful detail that certain Royal Mint gold coins can be CGT-exempt.From there, we map out four practical ways to get gold exposure: holding physical gold yourself, buying gold and paying for storage, owning gold companies or a gold ETF inside an ISA or SIPP, and spread betting on gold prices (tax-free in the UK but high-risk and not for beginners). Along the way, we flag the questions that matter most: what outcome are you aiming for, what risks are you truly hedging, and how much complexity do you want to manage?———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————Your diary can look busy while your practice quietly leaks patients, underprices key treatments, and runs on a profit margin you never meant to accept. We sit down with Derek Turner and Alon Preiskel from Collaborate Dental to pin down the metrics that actually move the needle for dental practice profitability, whether you’re a principal, an associate, or planning to buy a practice soon. We start with a counter-intuitive truth: the biggest growth lever is often not new patient acquisition but how well you manage existing patients. We talk active vs lapsed patients, recalls, forward bookings, and why the front-of-house team is the engine room for retention. From there we move into production per hour and chair value, including how diary utilisation and appointment mix can stabilise cash flow instead of creating a revenue rollercoaster. Then we get blunt about treatment profitability. Competitor pricing is a weak compass if your operating costs differ. We unpack the real cost stack behind each treatment, how to protect operating profit, and the crucial difference between a measured loss leader and an accidental loss maker. We also discuss why pulling data from your PMS is only the start, and how combining clinical, finance, HR, and marketing numbers in a clear dashboard helps you make faster, calmer decisions. If you want more control over your numbers and more confidence in your next move, listen now, then subscribe, share the episode with a practice owner friend, and leave a review with the one KPI you’re going to track first.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————Ever feel like you’re sprinting from exam to exam with blinkers on, hoping it all “works out” once you qualify? We open that lens wide, exploring how dentists can earn well, earn right, and build real freedom without sacrificing ethics or joy. The heart of the conversation is practical: what actually creates cash flow, how to avoid looking rich while staying broke, and how to turn your clinical skill into long-term choices.We start with mindset—why short-term student thinking leaves money and experience on the table—and move into the real trade-offs of early success. Quick wins without grounding often inflate ego and spending. We share candid stories about lavish mistakes, the danger of lifestyle creep, and why humility, mentors, and honest peers accelerate maturity. From there, we dig into the finance that matters: assets that pay you (well-run practices, property with sober maths, and diversified global equities), the importance of compounding, and a clear explanation of ACC vs INC funds so dividends don’t die as cash in your account.Policy risk gets a bright light: shifting pension rules, the return risk of lifetime allowances, NHS schemes versus SIPs, and why ISAs remain criminally underused despite their tax advantages. Rather than preach one path, we pair wrappers with goals and timelines, keeping flexibility front and centre. Then we lay out a roadmap many clinicians can execute. First, become a high-grossing associate by mastering clinical skill and communication. With stronger cash flow, you can compound into ISAs and pensions or move toward ownership. If ownership fits your temperament, we talk hiring, culture, numbers, and modern patient acquisition through Meta ads and search—all aligned with ethical, high-quality care.The best shift might be the simplest: stop slicing a fixed pie and focus on making the pie bigger. When income grows through skill and assets, you can enjoy life today and still invest for tomorrow. No silver bullets, no hype—just a realistic playbook tested by clinicians who’ve walked it. If this resonates, follow the show, share it with a colleague who needs a nudge, and leave a quick review so more dentists can find practical guidance and build freedom on their terms..———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail

UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club———————————————————————The clock is ticking on Making Tax Digital, and we’re cutting through the noise with a straight-talking guide tailored for UK dentists. If you earn self-employment income as an associate or rental income from buy‑to‑lets, this is the moment to get clear on thresholds, timelines, and the smartest way to stay compliant without drowning in admin.We unpack the real meaning of “relevant income” and why HMRC looks at gross receipts, not profits, when deciding who must file quarterly. You’ll learn exactly who is in scope right now at £50,000, why PAYE and dividends don’t count for MTD for income tax, and how planned drops to £30,000 and £20,000 will bring many more clinicians into the regime. We also cover the penalty system you need to avoid: an initial grace year for late submissions, points that stack to a £200 fine, and a 24‑month compliance runway to reset. Most crucially, we explain the three‑year lock-in once you’re on the system and how that affects timing if you’re considering incorporation.From there, we move to tools and tactics. Prefer minimal effort? Ask your accountant about bridging software so you can send simple spreadsheets or bank statements each quarter and let them handle the submission. Want more control and real-time insight? We compare software options like FreeAgent, Sage, Xero and QuickBooks, highlighting free tiers, bank feeds, common setup pitfalls, and how live data can help you steer clear of the 60 percent effective rate band with timely pension and expense planning. We set out the dates that matter: Q1 runs 6 April to 5 July, with the first update due 7 August, and why registering before 5 April buys breathing space and avoids easy points.We finish with a practical checklist you can act on today: register for MTD or ask your accountant to do it, choose between full bookkeeping or a bridging route, and schedule your July data handover so the first submission lands on time. It’s a clear, calm path through a complex change, built for busy clinicians who value certainty and time.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.Send us Fan Mail