NASDA sees some good news for dentists in budget

George Osborne’s Budget brought a modest amount of good news for dentists, according to the National Association of Specialist Dental Accountants (NASDA). Mr Osborne confirmed that he regards the 50 per cent personal tax rate as a temporary measure and a few high earning dentists who have incorporated are likely to welcome the reduction in tax payable on profits.


Read more: NASDA sees some good news for dentists in budget

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CQC seeks to reassure dentists

The Care Quality Commission has sought to reassure dentists that have submitted a valid application to them, but not yet received a decision, will be considered as ‘in process’. This means that they can continue to operate without the threat of prosecution by the CQC. They will only take action against a provider during this transitional phase if they think the public is at risk.


Read more: CQC seeks to reassure dentists

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Goodwill value falls to 84% of turnover

Goodwill as a percentage of fee income for sales was 84 per cent and for valuations it stood at 90 per cent according to the latest survey by the National Association of Specialist Dental Accountants (NASDA). This compares with nearly 100 per cent this time last year. There was no significant difference on the location of the practice or whether it was mainly private or NHS.


Read more: Goodwill value falls to 84% of turnover

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NASDA advises associates who have incorporated

The National Association of Specialist Dental Accountants (NASDA) has issued a warning to those associates who have incorporated that they cannot be a member of the NHS Pension Scheme. This advice from NASDA’s superannuation sub-committee does not affect the majority of associates who have not incorporated (become limited companies in their own right).


Read more: NASDA advises associates who have incorporated

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Dentists’ profits reduced or static in 09/10

The net profits of dentists in the financial year 09/10 were either reduced or static compared to the previous year according to the annual statistics released by the National Association of Specialist Dental Accountants (NASDA). There was a relatively small increase in fee income – from £379,054 to £390,072. However, increases in materials and staff costs resulted in an overall reduction in net profit,


Read more: Dentists’ profits reduced or static in 09/10

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New panel members appointed by GDC

The General Dental Council (GDC) has appointed 51 new Fitness to Practise panel members have now joined the GDC. Ten dental care professionals (DCPs) were appointed along with 19 dentists and 22 lay members. They’ve been slowly introduced since the end of January this year and will sit on the Interim Orders, Professional Conduct, Health, Performance and Registration Appeals Committees.


Read more: New panel members appointed by GDC

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New bacterium involved in childhood caries discovered

Researchers at the Forsyth Institute in the USA have made a significant discovery about the nature of childhood dental disease. The studies identified a new pathogen connected to severe early childhood caries. The bacterium was present in the mouths of children with severe early childhood caries when other known pathogens such as Streptococcus mutans were not detected.


Read more: New bacterium involved in childhood caries discovered

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Lego heads spearhead National Orthodontic Week

Two life-size Lego models showing mouths ‘before’ and ‘after’ treatment were the centrepiece of the British Orthodontic Society’s National Orthodontic Week (NOW) at the V & A Museum of Childhood in Bethnal Green, London. The event ran for the week with events across the country as well at the museum. To mark the start of the week, a survey was undertaken by YouGov to discover the public’s view on protruding teeth.

 


Read more: Lego heads spearhead National Orthodontic Week

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GDPs’ pensions not affected by Hutton report

Former Labour minister, Lord Hutton, has published his final report with its main recommendation is that public sector pensions should no longer be related to final salaries. Instead, by 2015 pensions should be related to average salaries over a career. This is the way in which NHS pensions of general dental practitioners are calculated so they should not be affected by the proposals.


Read more: GDPs’ pensions not affected by Hutton report

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