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Dentists and Dental Practises

Onyx provide financial and business support services to a number of dental practises across the West Midlands.

We can help with individuals and practises of all sizes and can provide specialist advice on business strategy and planning in the medical sector.

Dentists and Dental Practises - Pain Points

CASE STUDY

Want to find our more about the services that we offer then why not take a look at a case study.

This has been specifically put together for  Dentists and Dental Practises.

Dentists - Trust and Availability

Trust and Availability – Here at Onyx you can be sound in the knowledge that you have your own dedicated team to cater to your every need as a client at Onyx. Each Onyx team is headed up by a qualified accountant and they are supported by a Client Manager and an Accounts Assistant. This allows you to have peace of mind that your work will be completed accurately and on time.

Statutory Compliance – We can help you by making sure accounts are prepared in the correct format, statutory books and other company secretarial records are kept up-to-date and that all statutory returns are prepared. We will ensure that HMRC and NHS compliance, and appropriate tax returns are correctly filed. Our experienced team will relieve you of the regulatory burden and leave you more time to concentrate on your core business activities. For more info please visit our Compliance Services page.

Dentists - Statutory Compliance
Dentists - Funding and cashflow

Funding and Cash flow – We help to ensure the implementation of consistent and robust financial controls that help to create a strong business capable of generating consistent returns.  We enable business owners and practice management teams take considered decisions with clarity gained through easily understood management accounts and financial reporting.

Onyx will identify the optimal revenue balance from private and non-private patients by implementing management accounting processes.

For those who wish to ensure their practice returns are sustainable Onyx will manage cash drawings and cost outlays so that all anticipated bills and expenses can be financed now and in the future.

Payroll Services – Running a payroll can be time consuming, complicated and divert resources from the core activities of your business. We ensure that the regulations set out by HMRC are being complied with whilst maximizing tax saving opportunities. We offer cost-effective solutions and provide an end-to-end payroll service, whatever the size or complexity of your business.

For more info please our dedicated Payroll Bureau Services page.

Dentists - Payroll Services
Dentists - Tax Planning

Tax Planning – No matter the size of your business we will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way. We will ensure you are making the most of any tax saving opportunities such as Capital Allowance claims, Research and Development tax credits, and also grant funding.

We can also look into your personal investment portfolio’s which will naturally come with tax implications and ensure you fully understand every aspect and again, see where savings can be made.

Bookkeeping and Software – Ensuring you are following the correct bookkeeping practices and have the correct software in place to record your transactions is very important, especially when you have multiple projects running at the same time. We offer software training on a range of bookkeeping packages. Our team are available to help support you and give training sessions at your convenience.

We are accredited partners with: Kashflow, Dext, Sage, Quickbooks and Xero. We are able to provide the complete service, whatever the size or complexity of your business, or simply provide support when needed.

Dentists - Bookkeeping and software

Contact

IF YOU WOULD LIKE MORE INFORMATION ON THE SERVICES WE CAN PROVIDE FOR YOUR DENTIST OR DENTAL PRACTISE BUSINESS PLEASE COMPLETE THE ENQUIRY FORM BELOW.

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