How we sorted a Wanstead dentist's mixed NHS-private structure for £11,200 saving
Client R is a Wanstead dentist with a mix of NHS associate income and a growing private practice. The income was all being declared as self-employment with no company structure, the private side had grown enough to make incorporation worthwhile, and the pension annual allowance position from the NHS scheme hadn't been reviewed.
We reviewed the structure. We incorporated the private practice into a Ltd company (keeping the NHS associate income as self-employment, as required), set the director remuneration efficiently with salary plus dividends, and set up an employer pension contribution from the company. Separately we reviewed the NHS Pension annual allowance position, applied carry-forward of unused allowance, and checked the Scheme Pays position.