There’s good news and bad news over tax
- Details
- Published: Monday, 02 February 2015 07:43
- Written by News Editor
- Hits: 2439
The number of associate dentists currently receiving tax rebates may reflect a trend for lower earnings says NASDAL’s tax specialist, Bob Cummings, of Morris and Co, which represents many hundreds of associates. Bob said: “A repayment is good news in the short-term but in the long term, it may mean that lower levels of earnings for associates has become the norm.”
Bob continued: “For some time it has been predicted that profits for associates would drop and the tax rebates are the evidence that this is happening. I would say at least 10% of our associate clients have had a rebate.” He added: “The NASDAL bench-marking statistics are out soon including average earnings for dentists in the 2013-14 tax year. I think it’s likely that the statistics will confirm the anecdotal evidence.”
You need to be logged in to leave comments.
Report