Check if your dental practice qualifies for capital allowances here >>> https://www.dentistswhoinvest.com/chris-lonergan

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UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club

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You can spend years paying for dental indemnity and still feel unsure about what actually happens when things go wrong. We wanted to fix that by pulling apart the most common indemnity myths we hear in practice and replacing them with plain-English explanations you can use at renewal time.

We talk through the real differences between discretionary dental indemnity and non-discretionary professional indemnity insurance for UK dentists, including why having a contract, clear policy wording, and a route to the Financial Ombudsman Service can matter when the pressure is on. We also challenge the rumour that “insurers always look for a way out”, and explain what a fair presentation of risk looks like in the real world.

Another big sticking point is fear. Many dentists hesitate to call their indemnity provider for advice because they worry next year’s indemnity premium will jump. We unpack why good providers want you to call early, how early notification helps resolve issues before they become claims, and why risk management advice can be as valuable as the cover itself. From there we get practical about pricing: claims made vs claims occurrence, retroactive cover, and why “cheaper” is only meaningful once you understand what is and is not included.

We also cover switching, including the anxiety some clinicians feel about leaving a mutual and whether past work stays protected. If you want to make an educated choice instead of a habitual one, this is the conversation to hear. Subscribe for more dentistry finance insights, share this with a colleague who is renewing soon, and leave us a review with the one indemnity myth you want busted next.

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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.

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Check if your dental practice qualifies for capital allowances here >>> https://www.dentistswhoinvest.com/chris-lonergan

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UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club

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Profit can look healthy and still leave you sweating when the tax bill lands. That tension is exactly what we tackle with Dr Barry Oulton and Shishir Khadka, a specialist dental accountant and CFO, as we lay out seven clear strategies designed for UK dental practice principals who want to keep more of what the business already earns.

We start by getting brutally precise about the numbers most owners mix up: revenue, profit, cash and take-home pay. Shishir explains why production vs collection matters, how timing can overstate profit, and why “money in the bank” is not the same as taxable profit. From there, Barry makes the case for a big but simple shift: you are the owner and the practice is the operator. When you separate personal finances from the business, set a predictable salary and dividend rhythm, and hold a sensible cash reserve, you gain control, reduce stress, and protect exit value.

We then move into practical UK dental tax planning, including the salary vs dividends conversation, pensions as a legitimate planning tool, and why structure across entities can matter for principals with an NHS contract, a private limited company, property, or education and IP income. We also zoom out to wealth building: creating an asset that can run without you, understanding the true cost of drifting without decisions, and tracking the one metric that tells the truth each month: net cash flow. We finish with what a 12-month financial game plan looks like and how real-time data can support better decisions on associate terms, investment timing and tax planning.

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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

Check if your dental practice qualifies for capital allowances here >>> https://www.dentistswhoinvest.com/chris-lonergan

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UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club

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Starting a dental practice from scratch at 25 is either madness or the fastest business education you can buy. We sit down with James and Katy Nolan, who did exactly that by launching a private dental squat, learning compliance and operations as they went, and then choosing to go back for more with a second location.

We get honest about why they avoided buying an existing practice and paying goodwill, and why having full control over the brand, the fit-out and the patient experience mattered. They break down the less glamorous realities that hit new owners hardest: cash flow, overheads, staffing, planning, CQC rules, and the moment you realise a dental practice is a business with marketing and sales at its core, not just a place to do dentistry.

Then we dig into the practical stuff every UK dentist wants to know, especially principals thinking about a squat practice: how they filled diaries with almost no budget, including a bold Instagram DM strategy, virtual consults and an early focus on testimonials and transformations. Finally, we zoom out to scaling, discussing systems, managers and the shift from working in the business to working on the business, plus why the second practice can feel even more demanding than the first.

If you’re weighing up a dental squat versus buying, trying to grow a private practice, or wondering whether ownership will give you freedom or become a ball and chain, this one will give you clarity. Subscribe for more, share it with a colleague who’s planning a squat, and leave us a review with your biggest question about practice ownership.

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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